Overview
- Bitcoin rebounded from lows near $63,000 on Saturday to trade around $69,000–$70,000 on Monday after U.S.-Israel strikes on Iran, which Iran’s government said killed Ayatollah Ali Khamenei.
- U.S.-listed spot crypto ETFs show a mixed picture, with four months of record outflows totaling $6.39 billion from bitcoin funds and $2.76 billion from ether products, yet over $1 billion in net bitcoin inflows returned across recent sessions.
- On-chain data indicated muted exchange deposits from short-term holders during the selloff, a shift that analysts said points to reduced panic and seller fatigue.
- Volatility triggered heavy derivatives losses, with roughly $432 million liquidated as Bitcoin spiked to about $69,850, according to CoinGlass.
- XRP remains technically fragile after a high-volume break below $1.36 and roughly 472 million XRP (about $652 million) moving to Binance last week, with traders warning of a bear-pennant breakdown toward $1.00–$0.86 if $1.30 fails.