🔐 CRYPTO REPORT — June 11, 2026
🌐 MARKET OVERVIEW
Bitcoin recovered above $63,000 after a weak open. $BNB leads majors toward $600; XRP is the only large-cap in the red. The bounce comes despite yesterday's US airstrikes and the highest inflation reading since 2023.
₿ BITCOIN
ETF flows undercut the rally: IBIT shed $148M, GBTC $87.9M — two straight negative days. Price jumped but institutional flow didn't confirm, leaving the move fragile. $88M in liquidations hit $BTC in 24 hours; the 4-hour window was short-heavy, meaning the bounce squeezed shorts. RSI at 23.77 — deep oversold. Pivot: $61,772. Support cluster: $60,712 / $59,899 / $58,839.
🔷 ETH & ALTCOINS
ETH holds below $ 1,700 despite morning gains — structure weak, ETF outflows $35.6M yesterday. Solana near $65. Aptos hit an all-time low of $0.61 on June 6, down 96.6% from its 2023 peak. The paradox: 1.7B transactions in 180 days, but daily active users collapsed from 1M to 68,800.
📋 KEY HEADLINES
• SpaceX IPO prices tomorrow at $135/share — set to be the largest IPO in history. Hyperliquid's SPCX synthetic tokens trade above IPO price.
• Polymarket's Bitcoin 2026 price market hit $42.27M in volume — year's most active crypto betting market.
• SK Hynix requested 3–4% price hikes from suppliers — may ripple into AI and mining hardware costs.
🔓 TOKEN UNLOCKS
APT/Aptos (Jun 12) — 11.31M APT (~$ 7.5M), 0.94% of supply. Mixed recipients. 🟡 MEDIUM — routine unlock but psychologically heavy at all-time lows. Four-year unlock cycle ends Oct 2026; annual emissions drop 60% after that.
🔭 OUTLOOK
Recovery is encouraging but ETF outflows continue and volume is thin. Oversold RSI supports a bounce; durability hinges on Warsh's June 17 FOMC tone. Support $58,800–$60,700; $65,000 is the upside liquidity target.