Wealthy crypto investors are continuing to cluster around Bitcoin (BTC) and Ethereum (ETH), underscoring a defensive, 'core-asset' stance as market volatility persists. At the same time, a handful of smaller-cap tokens are flashing 'extreme oversold' readings, with Relative Strength Index (RSI) values dropping into the 0% range—levels that typically spark debate around a potential short-term bottom.

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Cardano founder Charles Hoskinson has argued that the blockchain has the potential to become the foundational operating system for the entire globe.

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On Wednesday, June 10, the US inflation reading is either a floor or a trapdoor for Bitcoin and gold investors.

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Bitmine, the world's largest Ethereum treasury, has ramped up its ETH buying during the latest crypto market correction, making the company's largest purchase of 2026 to date. Related Reading: Analyst Charts Ethereum Long-Term Roadmap To $16,000 – There's No Need To Panic Bitmine Doubles Down On Ethereum On Monday, Bitmine Immersion Technologies announced it had bought over 126,971 ETH, worth roughly $214 million, during last week's dip, marking the treasury's largest purchase so far this year.