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Daily Crypto Digest From June 1, 2026
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Crypto
June 1, 2026
Inflection Point
01
CRYPTO
IoTeX bounces from 90-day low as trading volume doubles
#
IoTeX snapped a four-day decline with a daily gain on May 29, rebounding from its lowest price in three months.
#
The token rose 4.86% to $0.004180, reversing from its 90-day low of $0.003986 hit on May 28.
#
Trading volume more than doubled to 479 million tokens, showing that buyers stepped in strongly at this historical price floor.
IoTeX bounces from 90-day low as trading volume doubles
Outlier
02
CRYPTO
Jito approaches 90-day high after 52% monthly gain
#
Jito rose on May 29, defying broader market weakness to close near its highest price in three months.
#
The token jumped 8.36% on the day to $0.51812, bringing its 30-day gain to 52.3% and putting it just 13% below its 90-day peak of $0.59583.
#
This outperformance makes it one of the strongest assets in the market over the past month.
Jito approaches 90-day high after 52% monthly gain
Anomaly
03
CRYPTO
Solana declines for six consecutive days in slow drift lower
#
Solana declined for the sixth consecutive day on May 29, marking a persistent but very slow drift lower.
#
The token fell from $85.67 on May 23 to $81.91 on May 29, representing a total decline of just 4.39% over nearly a week.
#
This slow rate of decline indicates that the selling is steady rather than a sudden panic or crash.
Solana declines for six consecutive days in slow drift lower
Trend Shift
04
CRYPTO
Bitcoin drops 5% in four-day decline
#
Bitcoin dropped for the fourth consecutive day on May 29, reflecting a short-term shift in market momentum.
#
The leading cryptocurrency fell 5.07% over the four days, dropping from $77,287.49 on May 25 to close at $73,370.02.
#
While the percentage decline is relatively small, the multi-day slide shows a steady reduction in buying interest.
Bitcoin drops 5% in four-day decline
Trend Shift
05
CRYPTO
Tezos drops below previous 90-day low after six-day decline
#
Tezos dropped to its lowest price in three months on May 29, completing a six-day slide.
#
The token fell 12.3% from $0.34537 on May 23 to close at $0.30291, which is 1.49% below its previous 90-day low of $0.30749.
#
This movement below a long-term price floor suggests that the asset's downward trend is accelerating.
Tezos drops below previous 90-day low after six-day decline
Anomaly
06
CRYPTO
Story Protocol IP token drops to 90-day low after six-day decline
#
Story Protocol's IP token fell to a new 90-day low close on May 29, marking six consecutive days of declines.
#
The token dropped 14.5% over the six days, falling from $0.50466 on May 23 to close at $0.43155.
#
Continued high trading volume of $19.9 million indicates active participation in the price breakdown.
Story Protocol IP token drops to 90-day low after six-day decline
Anomaly
07
CRYPTO
Movement token falls to 90-day low after six-day decline
#
Movement's MOVE token declined for the sixth consecutive day on May 29, hitting a new 90-day low close.
#
The token fell 11.7% from $0.016391 on May 23 to close at $0.014466, breaking below its previous three-month floor of $0.014551.
#
The decline follows a period of significant negative developments for the project.
Movement token falls to 90-day low after six-day decline
Trend Shift
08
CRYPTO
Ethena drops to 30-day low after four-day decline
#
Ethena's ENA token dropped to its lowest price in a month on May 29, completing a four-day slide.
#
The token fell 13.4% over the four days, dropping from $0.10005 on May 25 to close at $0.086628.
#
The decline occurred on elevated daily trading volume of $52.1 million, showing strong selling pressure.
Ethena drops to 30-day low after four-day decline
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