SHIB, DOGE, and XYZVerse face key technical levels and market sentiment shifts. Explore detailed price forecasts and critical support-resistance analysis.
Markets went straight into meltdown mode Sunday night after the United States bombed Iran in a direct military strike and Iran retaliated by shutting down Strait of Hormuz, the most important oil route on the planet. That has triggered violent selloffs across every major market, from stocks to Bitcoin, from oil to the dollar and the euro. The world’s financial system is now reacting like it just got sucker punched. Its unlike anything we have ever seen. Oil was first to go wild. In the first trading session after the futures market opened, US crude rose $1.76, or 2.38%, to $75.60 per barrel. Brent crude climbed $1.80, or 2.34%, landing at $78.81. Brent even briefly touched $81, which was a 5.7% spike, before it slipped back. By press time, the price gains were gone. Oil was down 0.5%, which made no sense to anyone watching. Traders are now locked on Tehran, waiting to see what it does next. Hossein Amir-Abdollahian, Iran’s foreign minister, said Sunday that Iran reserves “ all options ” to defend its sovereignty. S&P Global Platts noted the price surge could reverse entirely if Iran chooses not to respond. Bitcoin dives, rebounds, then tanks again as ETF flows collapse The crypto market didn’t waste a second. Bitcoin had dropped to $98,000 on Sunday. That was its lowest point in over a month. Less than an hour later, it swung back above $102,000, before slipping again. At the time of writing, it sat at $100,879. The market was a disaster. More than $1 billion in crypto positions were liquidated in just 24 hours, and over 95% were long bets. Source: TradingView Things got uglier when inflows into spot Bitcoin ETFs dried up. Between Monday and Wednesday, $1.04 billion had gone in, based on CoinGlass data. But by Thursday, that number was flat. On Friday, just $6.4 million came in. That was the same day President Donald Trump left the G7 early and announced a two-week review of US options on Iran. The assumption that Bitcoin would act like a safe haven collapsed. It started trading like a risky tech stock instead. Kaiko, a crypto data provider, said Bitcoin’s correlation with the Nasdaq had surged quite fast in recent weeks. Stock indexes bleed across Asia, Europe, and US futures Futures tied to US stocks also started dropping. The Dow Jones Industrial Average fell 109 points, or 0.3%. S&P 500 futures lost 0.3%, while Nasdaq 100 futures were down 0.4%. Asian markets opened deep in the red too. In Japan, the Nikkei 225 dropped 0.56%, and the Topix fell 0.49%. The worst-hit companies were all in tech: Screen Holdings crashed 4.78%, Lasertec Corp sank 4.31%, and Disco Corp went down 3.38%. Big names like Advantest and Softbank didn’t escape either, falling 1.66% and 0.76%. It was the same story in South Korea. The Kospi index lost 1.05%. The Kosdaq, which includes smaller-cap companies, got hit even harder, down 1.78%. The country’s top automakers took the brunt. Hyundai Motor shares dropped 4.05%, and Kia Corp fell 4.15%. Australia’s S&P/ASX 200 also took a dive, down 0.76%. In Hong Kong, futures for the Hang Seng Index pointed to more losses. They stood at 23,396, well below the index’s last close of 23,530.48, suggesting more downside ahead. Japanese carmakers had no luck either. As of press time, Nissan Motor dropped 2.22%, and Mazda Motor was down 2.17%. Mitsubishi Motors lost 1.87%, Honda Motor slid 1.55%, and Toyota dropped 1.36%. Over in Europe, markets weren’t much better. The IBEX 35 rose 0.77%, closing at 13,850.3, and Germany’s DAX jumped 1.27% to 23,350.55. But the FTSE in London dropped 0.2% to 8,774.65, and France’s CAC 40 was completely flat at 7,589.66. The STOXX600, a broader European index, barely moved, up just 0.13% to 536.53. And the euro was trading at $1.15 against the dollar after going as high as $1.8 just an hour ago. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
According to recent data from Onchain Lens, two prominent whale wallets transferred a combined total of 23,552 ETH to Binance within the last hour. This transaction, valued at roughly $52.56
Binance is set to list DeLorean (DMC) on both spot and futures markets, marking a pivotal moment for tokenized brand assets in the crypto space. The launch, scheduled for June
The drawdown from the recent ATH was a meager 8.75%- Bitcoin has seen deeper corrections during recent bull runs, which investors should prepare for.
BitMEX co-founder Arthur Hayes recently commented on the ongoing market volatility, emphasizing the role of expansive monetary policy in stabilizing the economy. Hayes highlighted that the continuous liquidity injections by
On June 23, a significant transaction was recorded on Binance involving a whale deposit of 10.42 million OM tokens, valued at approximately $2.17 million. This move reflects a substantial realized
Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. As Asia begins the trading week, BTC is trading above $100,500 as the initial volatility from news over the weekend that the U.S. struck some of Iran's nuclear facilities begins to subside. While prices briefly dipped below six figures on Sunday in a risk-off reaction , markets have since stabilized. Equity futures are flat, and gold is up only marginally, suggesting that traders are not yet pricing in a broader escalation. The lack of follow-through in traditional markets may reflect expectations that Iran’s response will be contained or delayed, rather than immediate and destabilizing. Crude oil is holding its gains near $76 per barrel after spiking nearly 4% Sunday evening on fears that Iran could block the Strait of Hormuz, a key chokepoint for global oil shipments. Still, commentary from U.S. officials and muted early-week trading suggest that investors remain in a wait-and-see mode. In crypto markets, altcoins that had mirrored BTC’s weekend drop, like ETH, XRP, and SOL, are also clawing back losses. For now, the market appears to be treating the U.S.-Iran clash as a geopolitical flashpoint, not a structural break. OKX Considering U.S. IPO: Report Crypto exchange OKX is considering a public listing in the U.S., according to a report from The Information . Earlier this year, the exchange announced a U.S. expansion after settling with the Department of Justice over accusations that it operated in the country without a money transmitter license. Bullish, a competitor to OKX, and the parent company of CoinDesk, is said to be considering an IPO given the appetite investors have for companies with exposure to digital assets. OKX told CoinDesk it had no comment on the matter. Polymarket Bettors Less Certain About Second U.S. Strike on Iran Polymarket bettors are cooling to the idea that the U.S will hit Iran a second time before the end of the month. The 'yes' side of a contract asking if the U.S. will conduct another military action on Iran by June 30 is now trading at 54%, from 74% in the hours after the initial strike on Iranian nuclear sites. There appears to be a growing market belief that deconfliction – on both sides – is on the agenda, as evidenced by another contract asking bettors about the likelihood of Iran closing the Strait of Hormuz, which is currently trading at 49% down from 52% . Market Movements: BTC : Bitcoin rebounded to $101,419 after a volatile 4.5% intraday swing, finding strong support at $99,000 amid geopolitical tensions and surging institutional buying interest. ETH: Ethereum fell 2.3% to $2,237 amid U.S.-Iran tensions, breaking a six-week consolidation pattern despite over $500 million in institutional accumulation. Gold: Bank of America analysts predict gold could hit $4,000 an ounce within a year, an 18% jump, driven less by geopolitical tensions and more by mounting U.S. fiscal debt and a global shift by central banks away from the dollar toward gold. Nikkei 225: Asia-Pacific markets fell Monday as the U.S. strikes on Iranian nuclear sites fueled oil price spikes and fears of broader Middle East escalation, with Japan’s Nikkei 225 down 0.56%. Elsewhere in Crypto: Texas Governor Greg Abbott signs strategic Bitcoin reserve bill into law (The Block) Which Crypto IPOs Could Be Next Following Circle? (Decrypt) What Are Savvy Bitcoin and Ether Traders Preparing For as Summer Approaches? (CoinDesk)
Intensifying Middle East conflict and surging geopolitical risk are igniting a dramatic market realignment, driving investors into energy, defense, commodities, and inflation-protected assets as volatility erupts. Market Outlook Darkens With Soaring Oil and Heightened Middle East Tensions A destabilizing jolt has shaken global markets, fueling inflation fears and sector turmoil as military escalation intensifies in
While Shiba Inu (SHIB) edges lower toward the $0.000010 mark amid tightening market sentiment, a different narrative is stealing the spotlight, Mutuum Finance (MUTM) is going parabolic. In a sea of sideways trading and bearish corrections, Mutuum Finance’s explosive presale momentum has placed it on the radar of crypto investors hunting for the next crypto to explode. Mutuum Finance, which cost only $0.03 in its presale, has already risen 200%, making it one of the hottest new crypto tokens this quarter. The project has already acquired over 12,300 investors who have chipped in $10.9 million while the presale is ongoing. Investors participating in the Mutuum Finance Phase 5 presale will enjoy a 100% return on investment when it goes live at $0.06. Mutuum Finance Changing the DeFi Lending Game Mutuum Finance (MUTM) is revolutionizing a new generation lending platform where users retain full ownership of their assets and passively diversify to optimize the earning potential using a flexible safe system. Mutuum Finance (MUTM) makes lending simpler and trustless as borrowers can get lending through leveraging overcollateralized funds and lenders are rewarded through smart contracts. The system is an effective dual-lending system that combines the Peer-to-Contract (P2C) and Peer-to-Peer (P2P) models. The P2C model uses a smart contract to control lending pools whose interest rates are floating. The system is made responsive to real-time market conditions, a factor that makes returns to lenders more certain and borrowers financially sound. In the meantime, there are also the like of the P2P model which completely excludes middlemen and allows the user to agree on terms among themselves. That sort of setup of direct lending is particularly helpful with less stable assets such as those of meme coins since flexibility and control take priority there. Phase 5 of the Mutuum Finance Presale Is Underway, $10.9M+ Raised Mutuum Finance’s (MUTM) presale became a record by raising over $10.9 million, attracting over 12,300 token holders. It is currently on Phase 5 investor confidence continues to grow as the platform distinguishes itself from short-term meme coins. Mutuum Finance Stablecoin and CertiK Audit In yet another step to further build its ecosystem Mutuum Finance is soon to launch a fully collateralized USD-pegged stablecoin on the Ethereum network. Contrary to algorithmic stablecoins which have been challenged by price stability problems Mutuum Finance’s stablecoin is to be backed by real assets. The platform has also undergone a security audit by CertiK one of the most known names in blockchain security. Early Investors Benefit The project is also conducting a $100,000 giveaway where 10 people will be awarded a sum of $10,000 MUTM tokens. It is a huge incentive not only to the overall crypto community but also to the people who will be supporting the project in early phases. As Shiba Inu (SHIB) trends down toward $0.000010, Mutuum Finance (MUTM) is capturing major investor attention with a parabolic rise. Priced at just $0.03 in Phase 5, MUTM has surged 200% since launch, raising over $10.9 million from more than 12,300 investors. With a 100% ROI locked in at launch and a dual-lending model that blends flexibility with security, Mutuum Finance is setting a new standard in DeFi. Backed by a CertiK audit and an upcoming stablecoin, it’s proving to be more than hype, this is real momentum. Act now, early access won’t last. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance