From Yahoo Finance: 2025-06-05 23:31:00

Major cryptocurrencies are dipping as traders await a phone call between President Trump and China’s President Xi Jinping. Bitcoin down 1%, Ethereum down 1.4%, Solana down 2.9%, XRP down 2.5%, Dogecoin down 3.5%, and Shiba Inu down 2%. IntoTheBlock data shows decreases in large transaction volume and daily active addresses for Bitcoin and Ethereum. Coinglass data shows liquidations of $229.60 million in the past 24 hours. SoSoValue data shows net inflows into spot Bitcoin and Ethereum ETFs.

Crypto trader Jelle notes Bitcoin consolidating and expects more sideways movement before an upward breakout. Michael van de Poppe predicts a liquidity sweep could push Bitcoin below recent lows before a strong upward move. More Crypto Online states Solana is in a corrective phase, needing a confirmed 5-wave impulse to turn bullish. Kong Trading finds Ethereum attractive with consistent ETH ETF inflows. Trader Tardigrade highlights a historical pattern in Dogecoin signaling a potential pump.

Read more: Bitcoin, Ethereum, XRP, Dogecoin Dip, But Trader Says Everything’s Going According to Plan