$BTC

BTC
BTCUSDT
67,129.9
-4.44%

BITCOIN MONTHLY RETURNS (%) ✴️

Crypto is clearly in a soft patch right now

BTC ended May down 3.4%, while ETH took a heavier hit, dropping over 11%.

On top of that, we’ve seen around $2.4B leave Bitcoin ETFs and $540M out of Ethereum ETFs, the biggest monthly outflow we’ve had this year so far.

Not exactly a risk-on environment.

And it’s not just flow, rising US – Iran tensions have added another layer of pressure, with BTC briefly slipping under $70K as macro uncertainty creeps back in.

The big question now is simple, is this just a cooling phase before continuation or the start of a deeper reset into June?

$LAB

LABBSC
LAB
14.21
-24.87%

$ETH

ETH
ETHUSDT
1,875.01
-5.54%

#Market_Update