The BTC is stuck in place again, generally fluctuating near 16,654 USD.
The situation at the exchange is vague. Investors are afraid to buy due to trouble with mining and trust issues after the crash of the FTX crypto exchange. All these problems cannot be resolved at once, so no one rushes at solving them.
In fact, investors are tired of waiting, and on such a background, the price may fluctuate a lot. During winter holidays, care should he taken at the crypto market.
Technically, the BTC remains in a flat between 16,500 and 17,200 USD. Few investors believe that conditions will form at all for an attack on 17,200 USD, from where a pathway to 18,500 USD may open. However, all the highlights should be kept before one’s eyes. An important support level is 15,500 USD.
Capitalisation of the crypto market has dropped to 799.679 billion USD. The BTC takes up 40.1%, the ETH — 18.3%.
Free Reports:
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
Download Our Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
SOL and TON dropped noticeably
The SOL and TON tokens lost more than 10% yesterday, having no fundamental reasons for such a decline. The XCN and APT coins also got under some pressure.
Kraken leaves Japan
The Kraken crypto exchange leaves the Japanese market. The company has announced that starting 31 January 2023, it renounces its FSA registration as a crypto asset operator. The company made this decision to give priority to other more promising investment options.
FTX borrowed 511 million USD from Alameda
The bankrupt crypto exchange FTX loaned 511 million USD from its subsidiary Alameda Research in order to buy stocks of the Robinhood trading platform. This is clear from the documents retrieved by the court. The purchase of the block of shares was carried out by a shell company. The problem is that Alameda also borrowed the same sum from BlockFi (the company has already gone bankrupt) on the interest of those very Robinhood shares. The block of shares will now be the subject of most acute disputes.
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

- The ceasefire between Israel and Lebanon has reduced the geopolitical premium Jun 5, 2026
- EUR/USD: All Eyes on Non-Farm Payrolls Jun 5, 2026
- The escalation of the conflict in the Middle East put pressure on US and European stock indices Jun 4, 2026
- Gold Remains Under Pressure, but a Rebound Is Still Possible Jun 4, 2026
- Bitcoin drops below the psychological $70,000 level. The US stock indices hit new record highs Jun 3, 2026
- EUR/USD on Edge as Markets Await Key Employment Data Jun 3, 2026
- Oil prices surged again amid rumors of a freeze in diplomacy between the United States and Iran Jun 2, 2026
- GBP/USD in a State of Uncertainty: Risks Remain, but Market Reactions Are Muted Jun 2, 2026
- The US stock indices once again finished the trading session at new all‑time highs Jun 1, 2026
- USD/JPY Approaches 160.00: Is Another Intervention Coming? Jun 1, 2026