Crypto Market Report:

From June 5 to June 12, 2026 | In-Depth Analysis & Market Outlook.
Here is a brief summary of what happened in the crypto market last week up to today, June 12, 2026.
1. In-Depth Analysis - Events from Yesterday.
Major Coin Prices:
- Bitcoin (BTC): Fell below $60,000 for the first time since 2024. Recovered to $62,623 on Thursday, June 12, up over 1.9% in a day, but still down less than 1% weekly. In India, BTC is approximately.
- Ethereum (ETH): Dropped 6.5% over the week to around $1,651. Trading near $1,800, XRP fell 7.5% to around $1.12, Solana 7.4% to around $65, Dogecoin 7%. SUI and TON were the biggest gainers this week.
ETFs & Capital Flows:
- Bad Week for ETFs: $1.67 billion was withdrawn from crypto funds last week. This is the third consecutive week and the second worst in 2026. Bitcoin alone lost $1.43B, Ethereum $257M.
- Total Outflows: Over the past 3 weeks, $4.21B has exited the market.
- But There Is Light: Last week, U.S. spot BTC ETFs saw inflows of $786M, up from $22.2M the previous week. ETH ETFs also saw $187M after $42M outflow.
2. Market Sentiment: "Extreme Fear"
Signs of Fear:
- Fear & Greed Index: Dropped to 9, in "Extreme Fear," below 11 last week and 48 months ago. On Saturday, the index is at 29 — still "Fear."
- Bear Market: BTC is confirmed to be in a bear market after falling 18% in the week ending June 5, and 25% in a month. It is now trading near the 200-week moving average, a level usually seen only at market bottoms.
Why Did the Market Fall?
1. Price Surge & Fed: US CPI rose to 4.2% annually, the highest in 3 years. This reduces the likelihood of rate cuts at the Fed meeting on June 17.
2. Geopolitical Tensions: Iran conflict and oil prices rising to $94.5 caused investors to avoid risk. Trump threatened "bombs" if no deal is reached with Iran.
3. Loss of Confidence: BTC fell while S&P 500 hit new highs. This shattered the idea that Bitcoin protects against inflation.
3. Global Reports & Events from June 5-12
A. Major News:
1. SpaceX IPO: The largest IPO in history drew attention. Demand was 4 times oversubscribed, with a valuation of $250B at $75B. Tom Lee said any crypto dip due to the IPO would be temporary. His company Bitmine bought 75,000 ETH worth $123M.
2. CME Group: Launched crypto index futures with Nasdaq, tracking BTC, ETH, SOL, XRP, LINK, ADA, and 2 others.
3. Mastercard: Expanded stablecoin payment options with USDC, PYUSD, RLUSD worldwide.
4. Quantum Resistance: This sector outperformed BTC by 59.3% in a month. Zcash fell 25.7% after a security issue was discovered.
B. Institutions & DeFi:
- Tokenized RWA: The global tokenized asset market reached $31.8B, a new high. It is projected to hit $1.6T by 2030.
- Miners: Mining companies like Hut 8 +92% and TeraWulf +90% YTD despite EPS losses, as they pivot to AI.
4. Future Outlook - What to Watch?
1. Fed Meeting June 17: If CPI remains high and spreads, BTC could fall below $60,000. If it drops, a "relief rally" might occur.
2. SpaceX IPO: Trading begins Friday. Its success could boost investments in tech and crypto.
3. Altcoin Inflows: Despite outflows, XRP and HYPE attracted capital.
4. Social Media Sentiment: Santiment says sentiment started the year strong despite fear. But if BTC quickly hits $92,000, FOMO could return.
Summary: The week of June 5-12, 2026, was "Risk-Off." The market is in "extreme fear" due to inflation, war, and ETF outflows.
Always DYOR!