In 2024, the Iran–Israel proxy conflict escalated to a series of direct confrontations between the two countries. On 1 April, Israel bombed an Iranian consulate complex in Damascus, Syria, killing multiple senior Iranian officials. In response, Iran and its Axis of Resistance allies seized the Israeli-linked ship MSC Aries and launched strikes inside Israel on 13 April.Israel then carried out retaliatory strikes in Iran and Syria on 19 April. The Israeli strikes were limited, and analysts say they signaled a desire to de-escalate. Iran did not respond to the attack, and tensions de-escalated back down to the proxy conflict. Other actors participated in the conflict as well. The United States, United Kingdom, France, and Jordan intercepted Iranian drones to defend Israel.Syria shot down some Israeli interceptors, and Iranian proxies in the region also attacked Israel. Tensions increased after the 31 July assassination of Ismail Haniyeh, the political leader of Hamas, in Tehran, Iran. The killing of Haniyeh occurred a few hours after the 2024 Haret Hreik airstrike in Lebanon that assassinated Hezbollah commander Fuad Shukr. Iran and Hezbollah pledged retaliation. On 1 October 2024, Iran launched a series of missiles at Israel. Israel then carried out more retaliatory strikes against Iran on 26 October. On 12 June 2025, Israel launched several airstrikes against Iranian nuclear facilities and infrastructure. #IsraelIranConflict $BTC $ETH $BNB
#Xrp🔥🔥 : SEC, Ripple Beg Court For Final Settlement.
The dispute between Ripple and the SEC reached a turning point after years of litigation. The court has been asked to approve a jointly submitted settlement agreement. The SEC and Ripple have jointly requested that the $125 million fine, which was previously imposed and kept in escrow, be finally divided.
Consequently, Ripple would receive a refund of $75 million, with $50 million going to the SEC. This agreement was submitted to the United States District Court for the Southern District of New York to prevent further legal action and a possible appeal under Judge Analisa Torres’ direction.
The Ripple-SEC case was essentially settled for the crypto industry. The main controversy over whether XRP qualifies as a financial security was resolved. Negotiating the fine amount is now the main priority.
The recent spike in XRP’s price and volume presents a complex picture on CryptoQuant. Retail FOMO was evident in the rally initially. As prices rose, Active Addresses increased dramatically before rapidly declining as the market leveled off.
This reflects a classic pattern of individual investors swarming in and pulling out. The Spot Average Order Size data indicated that average investors drove the price higher, reflecting smaller transaction sizes typical of the larger retail market. Nonetheless, the narrative isn’t solely focused on retail.
Larger players are providing a layer of support after the pump. At pre-hike levels, the funding rate in derivatives markets remains positive, indicating that leveraged positions continue to display bullish sentiment. Likewise, although Open Interest has decreased from its peak, it remains much higher than before the surge, suggesting ongoing speculative capital.
More importantly, Spot Average Order Size shows that whales are sustaining elevated prices
#bitcoin faces high selling pressure amid the ongoing situation in the Middle East. Whales’ altered attitudes are among the first warning indicators to emerge. Some long-term Bitcoin investors had begun to sell off small amounts of their holdings, as reported earlier this week, but that was before the attacks.
Some Bitcoin whales, or those who own more than 1,000 bitcoins, have started “trimming” their holdings. Smaller investors may imitate these sell-offs if they persist or worsen, putting more selling pressure on Bitcoin. More than two months have passed since Bitcoin’s price troubles sent it sharply downward, causing the asset to fall to less than $75,000. Operation Rising Lion on June 13 to target over 100 strategic military and nuclear sites in Iran, including those in Fordow and Natanz. According to the most recent reports, there were close to 100 people killed, including scientists and senior commanders, while there were well over 300 people injured. Fars reported that “Iran’s strikes will continue and this confrontation will not end with last night’s limited actions, and this action will be painful and regrettable for the aggressors.” Their statement indicated that the war would “spread in the coming days to all areas occupied by this (Israeli) regime and American bases in the region.” Israel launched its largest-ever air offensive against its longtime adversary on Saturday to prevent Iran from developing a nuclear weapon, raising the potential for a broader conflict as Iran and Israel persist in targeting each other #IsraelIranConflict
Trump’s crypto journey started with NFTs and has since expanded into multiple high-yield ventures. A Forbes investigation estimates his total crypto earnings exceed $1 billion, adding to his reported $5.6 billion net worth.
⏺️Key crypto revenue streams are: 🪷Trump NFT sales: $7 million, $4 million post-tax 🪷TRUMP meme coin fees: Over $350 million 🪷World Liberty Financial (a family-led crypto venture): $390 million value, $246 million after tax
Trump being in crypto is not just symbolic, it’s profitable and strategic. His team is cashing in on digital fan engagement, campaign funding via crypto and market speculation tied to his persona.
🪷Influence on Crypto Price Trends🪷
Trump’s influence goes beyond holding digital coins. His persona is driving meme coin trends and speculative rallies. Coins tied to his image often see short term spikes around big events like political rallies, campaign announcements and even his birthday.
⏺️Notably: 🪷Market analysts say these spikes are often temporary and speculative 🪷Historical patterns show hype driven gains rarely sustain long term value
But with ongoing geopolitical shifts and a potential second Trump presidency on the horizon, some investors think these digital assets could double in value if the broader market enters a new bull run.
As the intersection of politics and crypto deepens, Donald Trump’s role as a crypto influencer is becoming more central – not just to his fans but to the entire crypto economy.
🪷Trump’s $1.5M Crypto Portfolio Surges on 79th Birthday and Market Buzz🪷
June 14th was Donald Trump’s 79th birthday and also the 250th anniversary of the US Army. He celebrated with a $45 million military parade in Washington D.C. and got both patriotic and financial attention. What’s getting more buzz? Trump’s growing influence in the crypto space.
According to Arkham Intelligence, Trump’s digital wallet is now worth around $1.49 million. Down from its previous high of $32 million, but still a big deal for a high profile figure in the crypto space.
The star of his portfolio is TROG, a meme coin with Trump and frog imagery, currently worth $948,700. He also holds USDC stablecoin, Ethereum and his own TRUMP coin. Other notable performers are PEEZY, a trending meme coin in Trump’s growing crypto collection.
Fighting in the Middle East between Israel and Iran is having an effect on the stock market, increasing selling pressure.
The stock market dipped on Friday after news broke of escalating fighting between Iran and Israel, causing the Dow to drop by 1.24% and the S&P 500 to fall 1.21%.
The Nasdaq Composite dropped 1.48%, leading the stock market indices into a steep decline following rising tension between Israel and Iran. The two countries escalated their conflict this week when Israel attacked Iran’s nuclear facilities. The Iranian government says that this is a declaration of war. Both the French and American governments have called for the countries to de-escalate their fighting and to reach an agreement, with U.S. President Donald Trump specifically calling for Iran to agree to a nuclear program deal. However, the two countries are preparing for further fighting, and the U.S. stock market is starting to feel the effects. We saw a similar effect last year when fighting ramped up between Israel and Iran, causing the stock market to drop as investors prepared to deal with the global fallout. Whenever a U.S. ally goes to war, there is the risk of higher taxes as the country prepares to help out its partner. With fighting in the Middle East, there is always concern about tightening oil supplies and the trickle-down effect that higher gas prices will have on the rest of the economy. As gas prices rise due to increased fears over Middle East fighting, that affects all forms of transportation and commerce, since moving goods from one area to another becomes more expensive. Ultimately, nearly every sector of industry is seriously affected.
What to Expect from the Stock Market This Weekend
Middle East conflict is likely to increase selling pressure on Friday as the day continues. However, that is not the only factor at work today putting pressure on the stock market. The economic reports this week have all been relatively mild, easing some of the strain on the economy. The consumer price index increased for May, but it was not as high as expected. The produce price index report showed an increase of 3.0% for that metric. While that is not helpful for the stock market, the expected increase was higher, and for the numbers to come in lower than expected is good news. While these reports do indicate that inflation could increase slightly as a result of economic tightening, they show that things are not as bad as anticipated. These economic reports will help to ease some of the selling pressure on the stock market and keep the market fairly stable. If these economic readings had been as bad as expected, we could anticipate a steep decline for the market this weekend, but instead we may see muted movement that trends down only slightly.
🪷#bitcoin Remains above Key Level after Middle East Fighting Worsens🪷
🪷.Bitcoin has fallen this week as a result on increased conflict in the Middle East, and it could remain low while tensions there are high.
🪷.Fierce battling in the Middle East between Iran and Israel caused markets around the world to dip on Friday, including the stock market and the cryptocurrency market.🪷
Bitcoin (BTC) dipped down to $105,037 (BTC/USD) after Israel launched missiles at Iran’s nuclear sites. This was a 2.23% drop for the coin after it had already fallen earlier in the week. However, Bitcoin is still above an important level that should help it gain back lost ground quickly.
As long as Bitcoin remains above $100K, it will hold onto its psychological advantage in the market. If it drops below that mark, though, then investors may look to other cryptocurrencies that they believe hold more value and are less likely to lose their gains. Earlier in the year, when Bitcoin fell below that crucial level in February, selling pressure was incredibly high. Many investors gave up on Bitcoin, and their departure caused the coin to plummet even further.
Bitcoin fell to a low of $76K earlier this year as a result of the increased selling pressure and decreased consumer confidence in its ability to regain its lost value. Because the coin is still valued above $100K, it may be able to make a comeback in the near future.
Israel-Iran Conflict Shakes Wall Street: Indexes Fall Up to 1.8%
🪷The growing risk of a broader Middle East conflict — in a region vital to global oil production — has heightened investor anxiety.
The escalation raised geopolitical risks, drove oil prices sharply higher, and sparked fears of slower global growth and faster inflation. The Dow Jones Industrial Average dropped 1.79% to 42,197.79 points. The S&P 500 lost 1.12% to close at 5,977.57, while the Nasdaq Composite fell 1.30% to 19,406.83 points. The sell-off followed Iran’s retaliation to Israel’s strikes, which targeted nuclear sites, missile factories, and military infrastructure in what has been described as the most extensive assault on Iran since the Iran-Iraq war of the 1980s. Explosions were seen over Tel Aviv and Jerusalem, with air raid sirens sounding across Israel after what the military described as a barrage of missiles launched from Iran. Israel said the attacks marked the beginning of a prolonged military campaign aimed at preventing Tehran from developing a nuclear weapon. Iran vowed a forceful response.
Worst-Case Scenario Unfolds in the Middle East Global equities had been rallying steadily since early April, partly on optimism that President Donald Trump’s tariff agenda would be less aggressive than previously feared. That momentum was abruptly halted as Israel’s military strike hit dozens of strategic Iranian targets. The offensive came just days before U.S. and Iranian officials were scheduled to attend the sixth round of nuclear talks. Trump took to Truth Social urging Iran to accept a new nuclear deal, warning that the “next planned attacks” could be “even more brutal.” He emphasized: “No more deaths, no more destruction — DO IT BEFORE IT’S TOO LATE!” He claimed he had previously told Iranian officials “in the strongest terms” to make a deal. The White House had warned earlier that it would consider military options if the nuclear negotiations failed, with a critical response deadline looming next Thursday. In retaliation, Iran launched more than 100 drones into Israeli territory, according to a military spokesperson. The growing risk of a broader Middle East conflict — in a region vital to global oil production — has heightened investor anxiety. With markets already uneasy over rising trade tensions, fears are mounting that this could further dampen global economic growth.
Global Market Shock Airline stocks plunged on surging fuel cost concerns. Delta Air Lines fell 4.6%, United Airlines lost 3.2%, Southwest Airlines dropped 2.8%, and American Airlines tumbled 5.1%. In contrast, defense stocks rallied on rising geopolitical tensions. Lockheed Martin gained 3.6%, Northrop Grumman rose 3.2%, L3Harris Technologies advanced 2.8%, and RTX Corp also posted gains. Energy shares were also among the top performers, buoyed by the spike in crude prices following the Israeli attacks. Halliburton, APA Corporation, and EOG Resources each climbed more than 4%. Consumer Sentiment Rebounds Despite the turmoil, the University of Michigan’s preliminary consumer sentiment index for June showed a notable improvement. The reading rose to 60.5 in the first half of the month, up from 52.2 in May. “Consumers appear to have regained some composure following the shock of April’s steep tariff hikes and the political turbulence that followed,” said Joanne Hsu, director of consumer surveys at the University of Michigan. #IsraelIranConflict $BTC $ETH $BNB
❤️🪷GOOD EVENING🪷❤️ ❤️Thank you for all who joined the live. ❤️Sorry for live. 2 lives end in a sudden. don't know why. ❤️ ❤️see you next live❤️ ❤️soon will show up. ❤️🫂 ❤️Love you all ❤️ ❤️Have a nice day❤️
🪷Ethereum experienced a significant drop, plunging more than 9% below $2,500 in the last day.
Ethereum experienced a significant drop, plunging more than 9% below $2,500 in the last day. The gains made by the second-largest cryptocurrency following the rally were reduced to $2,860. According to Defense Minister Israel Katz, the meltdown follows Israel’s alleged “preemptive strike” against Iran.
Katz stated that retaliatory attacks against Israel are anticipated. Over the past day, the cryptocurrency market has witnessed a liquidation of over $1 billion, with a staggering $947 million in longs being wiped out. Whale activity has decreased for the seventh consecutive day, which could indicate that institutional confidence is waning.
The next move could determine the short-term market direction since the altcoin breached the critical support level
Santiment data highlighted that the number of Ethereum whales, or wallets containing 1,000–10,000 ETH, has consistently declined to 5,378 from 5,427 just 10 days ago and 5,400 three days ago. Major holders may be cautious, as evidenced by the seven days of decline despite Ethereum futures open interest recently reaching an all-time high,
Consistent decreases in the number of these whales usually imply either profit-taking, risk aversion, or a drop in confidence in short-term price action. These whales are often used to gauge the sentiment of institutional or high-net-worth investors.
#bitcoin Faces Critical Support Test as Middle East Tensions Trigger Risk-Off Sentiment
Bitcoin (BTC) is currently trading above $103,000, marking a decline of over 3% in the past 24 hours as escalating Middle East tensions
🪷Bitcoin is currently trading above $103,000, experiencing a decline of over 3% in the past 24 hours due to escalating Middle East tensions.
🪷The recent Israeli airstrikes have triggered a selloff in risk assets, causing Bitcoin to drop from a high of $108,500.
🪷Technical analysis indicates potential downside risks for Bitcoin, with critical support levels around $102,000-$103,000 and a bearish fractal pattern emerging.
🪷Despite short-term volatility, institutional experts maintain a constructive outlook on Bitcoin's long-term value proposition.
#Ripple ; XRP Crash after Israel rain Missiles on Iran
Ripple's token crashed on Friday morning after Israel's missiles struck Iran.
Ripple’s token crashed on Friday morning after Israel’s missiles struck Iran.
The token last traded at $2, a critical support level. XRP’s recent price action has not shown much strength, as the cryptocurrency is facing persistent bearish pressure since the correction phase began.
Risk-taking in the crypto market has been watered down amid the ongoing crisis in the Middle East
Israel started attacking Iran, but the US was not involved in the operation or providing support. A state of emergency was proclaimed across Israel by the defense minister.
The White House had threatened to take military action if nuclear talks failed, despite reports that the US was not involved. A crucial response deadline was set for Thursday. Iran had previously promised to retaliate against any assault.
A clear wave of red candles has now exceeded the momentum that fueled that surge, and technical analysis suggests that XRP’s price may drop below $2 again in the coming days, approaching the April low. Interestingly, bearish volume has remained relatively low despite the ongoing decline.
This suggests that the sales might not be much, but it is also uncontested. Rather than strong selling pressure, this low-volume pullback indicated that the market is slipping due to insufficient buying pressure. $XRP
President Donald Trump told reporters Wednesday night that he'll send letters to trading partners within the next two weeks setting unilateral duties ahead of a July 9 deadline, when the 90-day pause on "reciprocal" tariffs ends.
Due out at 8:30 a.m. ET, the Labor Department's producer price index, or PPI, is expected to rise 0.2% for the month of May, with an annual increase of 2.6%, according to estimates from Econoday. The core CPI, which excludes food and energy, is anticipated to rise 0.3% on the month. The year-over-year increase is seen at 3.1%.
Further, economists expect weekly initial unemployment claims to fall to 243,000 vs. 247,000 in the previous week, according to Econoday. Claims have climbed lately, raising concerns about the job market.
Trump says China will face 55% tariffs as he endorses trade deal..
Agreement struck in London will increase supply of rare earth minerals and magnets for US car industry
Donald Trump has endorsed the US-China trade deal struck in London that will ramp up supplies of rare earth minerals and magnets needed for the automotive industry, saying it will take total tariffs on Beijing to 55%.
Ethereum Futures Open Interest Hits Record $20 Billion as Leverage Builds
🪷#Ethereum futures are making headlines as open interest has surged to an all-time high of $20 billion
This significant growth in futures contracts reflects heightened investor activity and growing confidence in Ethereum’s short-term and long-term prospects. Traders and institutional investors alike are increasingly turning to Ethereum futures to capitalize on its price movements, especially with the current market momentum favoring the cryptocurrency. The surge in open interest signals not only higher trading volumes but also a substantial rise in leverage across the Ethereum market. With more participants taking on leveraged positions, both bullish and bearish bets on Ethereum’s future price trajectory are intensifying. This heightened leverage can amplify price swings, leading to sharper rallies or steeper corrections depending on market sentiment. Market analysts note that this growing open interest is being driven by multiple factors. Recent optimism surrounding potential spot Ethereum ETF approvals, combined with strong fundamentals in Ethereum’s decentralized finance (DeFi) and NFT sectors, have contributed to renewed enthusiasm. Institutional players are also becoming more active in the Ethereum derivatives market, using futures contracts as a hedge or speculative tool in response to ongoing regulatory developments and broader crypto market dynamics. While the rise in leverage adds liquidity and excitement to the market, it also introduces additional risks. High levels of leverage can lead to rapid liquidations during sudden price drops, creating a domino effect that could trigger larger sell-offs. However, many investors see the current surge as a sign of growing institutional maturity in the Ethereum ecosystem. Ethereum’s strong network activity, upcoming scalability upgrades, and increased developer engagement continue to bolster its market position. The recent rise in futures open interest underscores its role as a leading player in the evolving digital asset landscape. As Ethereum futures markets attract more attention, traders will be closely monitoring price levels and market indicators to navigate the potential volatility ahead. The combination of institutional participation, leveraged trading, and ongoing innovation paints a dynamic picture for Ethereum’s future performance. $ETH #ETH🔥🔥🔥🔥🔥🔥
🪷 Promising Inflation News Did Not Stop Stock Market Downturn🪷
Stocks market indices remained flat or fell slightly on Wednesday after news of mildly increasing consumer prices.
All three major stock market indices dipped or stayed flat on Wednesday even though the inflation data came back better than expected and trade negotiations are promising.
The Dow Jones remained flat as trading closed off on Wednesday, and the S&P 500 marked its first loss for the day (down 0.27%) after three consecutive wins. The Nasdaq Composite did not fare any better, with a drop of 0.05%. These were minor losses but unexpected ones since the day’s economic data pointed to better than expected inflation numbers. China and the United States seemed to have settled their trade difference for the moment, but the U.S. is still imposing stiff tariffs of 55% on most Chinese goods, which places the tariff numbers very close to where they were during Trump’s first term as President. The most severe tariffs between the two countries are still on pause, and that pause may continue past the 90-day period already promised, especially if the two countries can continue to negotiate.
Wednesday Dip Not as Bad as Previous Decreases While it is unexpected for the market to move downward at this time after these two bits of promising news, the downturn is very minor. In the case of the S&P 500, we could be seeing what is primarily a reaction to several days of increases and an approach to the all-time high for that index. As the S&P 500 retreats, the other two indices are almost completely flat. This could indicate that they will increase later today as the economic news is digested as well as after several new economic reports are released. Those will be the initial jobless claims as well as the PPI reports. If those reports show positive movement, then we expect the stock market to rally as a result. Minor decreases on the stock market like this are expected, especially when the consumer price index increases. That index went up in May by 0.1%, which is less than the 0.2% that was expected. That is both good and bad news for the stock market, as it shows a stronger than expected economy but also shows that inflation is likely to stick for a while longer. #stockmarketupdate #stockmaket #MarketRebound $BTC $ETH $BNB
🪷.XRP traded lower on Thursday due to reduced buying support. Price action showed the altcoin fell below $2.25 amid mild sell-offs in the crypto market.
The SEC versus Ripple case remains in the market spotlight as the Court of Appeal submission deadline approaches. The SEC is required to file a report outlining the progress toward a settlement with the Court of Appeals by June 16. However, very little progress has been made toward a settlement since Judge Analisa Torres denied the SEC’s indicative ruling on settlement terms. The expectation that the SEC will change its mind and file a second request for an indicative ruling has almost faded. However, the agency is certainly notorious for last-minute motions. Ripple is looking to acquire a license that would permit banking payments powered by XRP in the region, which would greatly increase adoption. Ripple collaborated with JETRO to support Japan-based Web3 startups and foster innovation. As part of this program, grant funding of up to $200,000 is available per project in areas such as DeFi, tokenization, and payments. SBI Holdings has already integrated XRP to enable quick and inexpensive cross-border transactions. If the U.S. sees the same level of success as Japan, particularly following the outcome of the SEC vs. Ripple case, it might be a turning point for XRP and the entire cryptocurrency market. The company’s platform claims high exposure in the global foreign exchange market with end-to-end visibility and real-time settlement. This utility elevates it above the status of a speculative asset. Ripple’s dedication to innovation is further demonstrated by the launch of Ripple USD (RLUSD), a stablecoin created to solve inefficiencies in conventional payment systems. The anticipated usefulness and adoption of XRP are expected to rise as Ripple continues to enhance its ecosystem. #Ripple $XRP #Xrp🔥🔥
🪷. XRP experienced a decline on Thursday, falling below $2.25 due to reduced buying support and mild sell-offs in the crypto market. 🪷. The SEC vs. Ripple case remains a focal point as the deadline for the SEC to report on settlement progress approaches, with little advancement since the court's ruling. 🪷. Ripple is pursuing a banking license to enhance XRP adoption and has partnered with JETRO to support Japanese Web3 startups with grant funding. 🪷. The launch of Ripple USD (RLUSD) aims to address inefficiencies in payment systems, potentially increasing XRP's utility and adoption
Ethereum Surges Past $2,700: Network Growth and ETF Inflows Signal Potential Breakout to $3,000
#Etherum ETH/USD has been doing really well lately. In the last 24 hours, it has gone up 3.5% and is already above the psychologically important $2,700 mark. The second-largest cryptocurrency by market size is currently trading at significant resistance levels that could change its path to the important $3,000 barrier. Ethereum Network Fundamentals Drive Sustained Growth Ethereum’s main strength is still evident through excellent network metrics that set it apart from other cryptocurrencies. With a dominant 61% market share of total value locked (TVL), which is approximately $66.6 billion in deposits, the blockchain is still the most significant aspect of decentralized finance (DeFi). You can see how much better Ethereum is when you look at its layer-2 scaling solutions, which processed $70 billion in decentralized exchange (DEX) volumes in the last 30 days. The network’s TVL grew by 6% in the last month. This was largely because protocols like Pendle, Ethena, and Spark grew a lot. During the same time, BNB Chain’s deposits went down by 6% and Solana’s deposits went down by 2%. This rise is considerably different from those. Earlier this month, there were 17.4 million unique Ethereum addresses, which represents a staggering 70% increase since the start of Q2. The Base network is mostly to blame for this growth, as it accounts for around 73% of all new address activity.
Institutional Interest Solidifies Through Ether ETF Inflows Ethereum is the only altcoin in the US that has approved spot exchange-traded funds (ETFs). This is another reason why it is so popular. There haven’t been any net withdrawals from these ETFs since May 16. Instead, they have brought in a net of $837 million. This consistent buying pressure from institutions, which is minor compared to the $4 billion average daily ETH volume on major exchanges, demonstrates that professional investors are getting more confident. The supply situation also backs up positive confidence, since Ether’s exchange deposits have dropped to an all-time low of roughly 16.33 million ETH. At the same time, 28.3% of all Ether is still locked up in staking contracts. This makes the supply tighter, which means that prices change more when demand is high. ETH/USD Technical Analysis Points to Critical Breakout Zone From a technical point of view, Ethereum’s largest test is at the $2,800 resistance level, which is also the 200-day moving average and the highs of the weekly range. This sector has stopped price increases multiple times, and Ethereum has tried to break above this level five times in the last few weeks. The current structure shows that ETH is following a multi-day rising triangle pattern, which is backed up by all of the important moving averages. The 50 SMA ($2,558), the 100 SMA ($2,571), and the 200 SMA ($2,535) are now strong support levels below the current price. The options market data demonstrates that certain expert traders are in very interesting situations. Since the beginning of April, open interest in ETH options has gone up from $6.3 billion to $8.3 billion. Call options account for 63% of all positions. The majority of put options, 92%, are set at $2,700 or less. These options will be useless if ETH stays at its current price until the monthly expiration on June 27. Leveraged Positions Create Volatility Potential The futures market presents a double-edged scenario with open interest reaching a record $40 billion, indicating heavy leverage across the market. Liquidation data shows approximately $2 billion in long positions at risk below $2,600, while $1.8 billion in short positions face liquidation above $2,900. This balanced positioning suggests significant volatility potential in either direction.
#Etherum Surges Past $2,700: Network Growth and ETF Inflows Signal Potential Breakout to $3,000
🪷.Ethereum has risen 3.5% in the last 24 hours, surpassing the $2,700 mark and facing resistance at $2,800. 🪷.The network's total value locked (TVL) has grown by 6% in the last month, highlighting its dominance in decentralized finance. 🪷. Institutional interest is solidified by Ether ETF inflows, with a net of $837 million since mid-May and no withdrawals. 🪷. Technical analysis suggests that a breakout above $2,800 could lead Ethereum towards the $3,000 target
Ethereum ETH/USD has been doing really well lately. In the last 24 hours, it has gone up 3.5% and is already above the psychologically important $2,700 mark. The second-largest cryptocurrency by market size is currently trading at significant resistance levels that could change its path to the important $3,000 barrier.