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Crypto

Bitcoin tests $60,000 support as dollar, yields pressure persists

Bitcoin has entered a deep undervaluation zone on on-chain indicators, but whether the $60,000 support holds depends on the dollar and U.S. Treasury yields, an analysis said. Glassnode cited a drop in the dollar index below 99 or a decline in the 10-year U.S. yield to the 4.2 percent range as conditions for a rebound. It said spot demand and corporate buying have weakened, while options markets price greater downside risk.

Crypto

XRPL tokenised assets expand; former Ripple CTO says RWA, stablecoins are growth pillars

Former Ripple Chief Technology Officer David Schwartz said the role of the XRP Ledger (XRPL) is expanding from a payment-focused blockchain into tokenised financial infrastructure. He said XRPL now supports stablecoins, tokenised real-world assets and other issued assets. XRP community figure BankXRP cited rising indicators such as RWA market value and daily transactions, and said RippleUSD is operating on more than 40 blockchains. Data from rwa.xyz also showed increases in asset values, holders and tokenised assets.

Crypto

XRP plunges 66 percent but big holders hold on; rebound factors in focus

XRP has slid to around $1.15, down about 66 percent from its July 2025 peak, stoking concern over a prolonged downturn. On-chain data show more than 25 million XRP moved off exchanges and whale wallets holding at least 10,000 tokens hit a record 332,230. Institutional money stayed positive, with spot XRP ETFs drawing $131.94 million in May. Analysts also cite heavy short positioning, oversold indicators and U.S. regulatory developments as key variables.