- Market Commentary: Geopolitical tensions and higher-than-expected inflation weighed on risk appetite. BTC traded between 60,392 and 64,231 USDT over the past 24 hours, while ETH's short-term moving averages remained in a bearish alignment. The Fear & Greed Index fell into the Extreme Fear zone, and altcoin opportunities were concentrated in a small number of structural names such as MCTP, WOJAK, and SQD.
- Key Data: Military strikes over two consecutive nights pushed oil prices higher and pressured global risk assets. May CPI rose to 4.2%, significantly weakening rate-cut expectations. Tom Lee again publicly supported Ethereum, drawing attention to ETH supply contraction and its potential role as infrastructure for agentic AI.
- This Week's Focus: Crypto ETFs continued to record net outflows, including approximately $69.40 million on June 10, while total AUM remained around $116.09 billion. Perpetual futures open interest declined to $38.83 billion, and total crypto market capitalization fell to approximately $2.14 trillion, leaving the market in a phase of deleveraging and repricing.
- Next Week to Watch: Approximately $73.27 million worth of tokens is expected to unlock over the next seven days. SPK, CONX, and ARB will unlock about $18.27 million, $13.95 million, and $7.19 million, respectively. The relatively high unlock ratios for SPK and CONX may create localized supply pressure.
Discover more details today → Gate Research: Geopolitical Tensions and Rising Inflation Weigh on Risk Appetite as ETF Outflows Persist
Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis.
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Gate Team
June 11, 2026
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