The cryptocurrency market is focused on Ripple’s shift toward payments and software revenue beyond XRP, highlighted by its participation in Mastercard’s AI payments network featuring the RLUSD stablecoin. XRP sentiment swings between bullish forecasts and signs of weakness, though ETF inflows and institutional adoption continue. In the United States, the Clarity Act stalls over an ethics provision linked to Trump family crypto businesses. Bitcoin rebounds above $60,000, while attention grows on altcoins and new ETF products.

Michael Saylor introduced a new yardstick for valuing bitcoin-holding company Strategy, proposing “bitcoin per share” to gauge bitcoin attributable to each share and to factor in debt. He also outlined BTC Yield and a debt-adjusted measure, CEBE BPS. The move comes as investor concern grows over Strategy’s debt-funded bitcoin buying. As of mid-June 2026, Strategy held 845,256 bitcoin valued at about $54.36 billion, with an unrealised loss of about 15 percent.