Technical Analysis

After printing an all-time high of $75.51 on 02 June, Hyperliquid (HYPE) has pulled back 21.2% while Bitcoin slid from around $74K to below $59K. The trend structure on higher timeframes remains bullish, but key Fibonacci levels suggest HYPE could revisit $52.52 or $46.21, and potentially the $38.17 swing low. On shorter timeframes, a bounce may extend toward $63 before another leg down, with traders watching $65.78 as a nearby invalidation level.

XRP appears to have stabilized near $1.15, but a weekly-chart comparison suggests the market could remain range-bound for roughly 800 days, potentially stretching to late 2027. The analysis points to a repeat of a 2022-style volatility squeeze, with price projected to oscillate between $1.15 and $2.00 before any larger trend resumes.

Shiba Inu (SHIB) recorded more than 64 billion tokens moved across exchanges over the last 24 hours, drawing attention to potential volatility. SHIB is described as technically weak after breaking below a rising support structure and trading under key moving averages, while RSI is nearing oversold conditions. A key area highlighted is $0.00001100-$0.00001150, with a move back above it viewed as an early sign of buyers returning.

Audiera's BEAT token led the crypto market over the past 30 days after climbing 1,500% before retreating 26% from its $9.55 peak. On June 13, 2026, BEAT was trading around $7.13–$7.28 with a circulating market cap near $2.05–$2.08 billion, following a June 12–13 correction. The move was tied to a weekly buyback-and-burn mechanism and was amplified by $28.72 million in short liquidations, including a single-day peak of $11 million.

On June 12, 2026, XRP changed hands at $1.1329, down 0.76% on the week, as market mood slid to its most negative level of 2026. Santiment's weighted sentiment and on-chain signals point to extreme fear, while the weekly XRP/USD chart shows Parabolic SAR staying above price and RSI (14) sitting in an oversold 30.23–34.85 range.

Zcash's ZEC rebounded about 45% from its roughly $299 low on June 5, even as social chatter fell back toward baseline by June 10–12. Santiment data for June 2–12 shows social volume spiking to 434 mentions per 6-hour window near the selloff low, then dropping as price pushed up through $350, $400 and toward $437. A CoinGecko snapshot taken around 17:54 UTC on June 12, 2026 put ZEC at $417.90, up 17.8% over seven days.

A June 12, 2026 report from Galaxy Digital says Bitcoin may still be in the process of forming its cycle low as its drawdown tracks prior bear-market patterns. The firm's base case places a potential bottom between $40,000 and $46,000 sometime before the fourth quarter of 2026, while alternative scenarios range from $30,000–$37,000 on the downside to $51,000–$54,000 if buying remains steady.

Bitcoin (BTC) moved back above $64,000 on June 12, trading near $64,300 and rising about 1.9% over 24 hours. Analysts said the $64,000–$65,000 band remains the key resistance zone, with a break above $65,000 seen as important for a stronger rebound. Several major altcoins also posted gains during the session, alongside improving broader risk sentiment.

Last month, the U.S. Commerce Department signed letters of intent to award just over $2 billion to nine quantum computing firms, including $1B for IBM and $375M for GlobalFoundries. The author argues this accelerates the race toward a cryptographically relevant quantum computer, while post-quantum defenses for Bitcoin and other systems remain slowed by coordination and adoption barriers. NIST timelines cited in the piece deprecate RSA-2048 and ECDSA at 112-bit security in 2030 and disallow them in 2035, raising pressure for industry-wide migration planning.

Japan's Lower House approved a crypto tax proposal to cut the top rate on digital-asset gains from about 55% to a flat 20% and to treat crypto as a financial instrument, with tax changes targeted for 2028 and possible ETF approvals as early as 2027. XRP traded around $1.14 after repeated tests of the $1.15 resistance zone, while traders watched $1.10 support and a potential move toward $1.20 if a daily close clears $1.15. Separately, SBI Holdings has applied to Japan's FSA for ETF products that include a spot Bitcoin-XRP structure and a hybrid Digital Gold-Crypto ETF, targeting up to $32 billion in AUM within three years.