Nexo|Jul 06, 2026 12:21
Top five stats:
▪️ ¥162/$: The yen hit its weakest level since 1986, even as Bitcoin's correlation with it hit -0.90, the tightest since 2022 – a setup that could now favor Bitcoin if the yen rebounds.
▪️ $570: Benchmark reiterated its $570 price target on Strategy after the company unveiled a framework to buy back shares and sell up to $1.25 billion of its 847,363 BTC if needed.
▪️ 5.70 million ETH: Bitmine added 27,084 ETH last week, reaching 94% of its target of owning 5% of Ethereum's supply and joined the Russell 1000 index.
▪️ 72%: XRP's daily active addresses jumped to nearly 39,500 in two weeks, while open interest hit its lowest since July 2025 – a cleaner setup for the next move.
▪️ $222M: Bitcoin ETFs drew in $222M last week, discontinuing 10-day losing streak.(Nexo)
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