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Dogecoin, XRP and Solana Split From the Pack in Crypto's Worst June Week

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Dogecoin, XRP and Solana Split From the Pack in Crypto's Worst June Week
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Dogecoin, XRP and Solana failed to keep pace as crypto’s worst June week was driven mainly by macro forces rather than crypto-specific developments. Bitcoin briefly dipped below $60,000 in the final week of June before buyers stepped in, leaving the week marked by turbulence. Latest quoted levels showed Bitcoin at $59,873, Ethereum at $1,564, XRP at $1.04 and Solana at $70.37. Expectations for higher-for-longer interest rates, a stronger US dollar, continued ETF outflows and broad derivatives deleveraging pushed prices lower. More than $1 billion in long liquidations amplified the move, highlighting leverage’s role in short-term swings. Ethereum fell 9.84% to $1,564, while XRP ended at $1.04 and Solana held relatively better at $70.37. Dogecoin finished down 11.97% at $0.073. Michael Saylor and Tom Lee saw combined unrealised losses of $24.5 billion, while Bitcoin ETFs logged $1.79 billion in weekly outflows. The competitive context suggests investors are becoming more selective, with institutional and liquidity factors guiding the next direction.

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