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