We’re excited to bring you the weekly updates, insights, and opportunities to enhance your trading experience with Delta Exchange.
WEEKLY SNAPSHOT
Note: Last Price mentioned in Weekly Returns table are as observed on 1st June, 11:59 AM IST and in the Top 3 Alt Coins table are as observed on 31st May, 11:59 PM IST.
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CRYPTO NEWS
1. Bitcoin struggles below $80K as profit-taking and geopolitical tensions weigh
Bitcoin failed to reclaim $80K, with profit-taking and renewed U.S.-Iran tensions triggering risk-off sentiment. BTC slipped toward the $72K–$73K zone as traders reduced exposure amid macro uncertainty.
Source: Barron’s, FXStreet, WSJ Market Talk, Cointelegraph
2. Bitcoin ETFs suffer record outflows, but analysts see a contrarian bullish signal
Spot Bitcoin ETFs recorded a record 10-day outflow streak, losing nearly $3 billion. However, Santiment and other analysts suggest extreme ETF outflows often coincide with peak fear and have historically preceded market bottoms.
Source: Cointelegraph, Santiment, SoSoValue, NYDIG, Farside Investors
3. Whale accumulation returns despite market weakness
On-chain data shows large Bitcoin holders have resumed accumulation, recording their strongest buying activity since February. While exchange inflows indicate near-term sell pressure, whales appear to be positioning for longer-term upside.
Source: Binance Flow Data, Ali Martinez, CryptoQuant
4. Crypto market faces key macro test this week
Markets are closely watching U.S. economic data including ISM PMI, JOLTS, Jobless Claims, Nonfarm Payrolls, and Fed commentary. These events could influence rate-cut expectations and drive volatility across Bitcoin and broader crypto markets.
Source: FXStreet, Cointelegraph, Macro Market Reports
5. Ethereum ETFs continue attracting institutional demand
Ethereum ETFs extended their inflow streak to 10 consecutive days, led by BlackRock and Fidelity Investments. The steady buying is helping create a structural support base for ETH prices.
Source: SoSoValue, ETF Flow Data
6. Wall Street embraces blockchain as tokenization narrative grows
Citigroup forecasts the tokenized securities market could reach $5.5 trillion by 2030. Major institutions including Nasdaq, ICE, and DTCC are actively exploring tokenized stocks, bonds, and real-world assets.
Source: Citi Research
7. AI remains the dominant equity market theme
NVIDIA unveiled new AI-focused PC chips while the S&P 500 and Nasdaq continued hitting record highs. AI spending remains the primary driver of equity market strength.
Source: Computex Taiwan, FXStreet, U.S. Market Reports
OPTIONS OI ANALYTICS FOR UPCOMING WEEK
OI Analytics for the upcoming week: BTCUSD
Strong Call writing is concentrated near the upper resistance zone of $80,000, while significant Put writing begins at $69,000. A PCR of 0.39 suggests a negative market sentiment for the upcoming week.
OI Analytics for the upcoming week: ETHUSD
Significant Call writing is observed at $2,200, while Put writers remain active near the $1,800 level. A PCR of 0.39 reflects a negative market sentiment for the coming week.
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USA WEEK AHEAD (IST) [HIGH IMPACT DATA]
Monday, June 1 - 7:30 PM: ISM Manufacturing PMI
Tuesday, June 2 - 7:30 PM: JOLTs Job Openings
Wednesday, June 3- 7:30 PM : ISM Services PMI
Friday, June 5 - 6:00 PM : Non Farm Payroll , Unemployment rate
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Delta Exchange Team