While price pressure continued in the cryptocurrency market, two different headlines came to the fore. Strategy re-emphasized that it maintains its long-term Bitcoin accumulation approach despite weak market conditions. On the Ripple side, Ripple CTO David Schwartz shared his vision for XRP Ledger to take on a broader role in tokenized financial assets.
Strategy’s Bitcoin approach
Strategy, one of the largest Bitcoin holding companies on a corporate scale, has not backed down from its goal of increasing its BTC reserves. The company’s CEO, Phong Le, rejected expectations that its accumulation policy would change, stating that their goal is to increase both net Bitcoin holdings and Bitcoin exposure per share over time.
Phong Le explained that there is no change in the company’s approach, and that Strategy aims to increase its Bitcoin holdings and Bitcoin per share ratio in the long term.
As of June 7, 2026, Strategy holds 843,706 BTC. The company gathered these assets at an average cost of $75,701. Considering the current valuation, the total size of the reserves is approximately 52.2 billion dollars.
Michael Saylor, the company’s chairman of the board, followed a similar line in his last post. Referring to the Bitcoin purchase chart, Saylor said that it was time to add more points, which was interpreted as meaning that purchases could continue despite market fluctuations.
Technical outlook on Bitcoin
Bitcoin was trading around $63,690 at press time, and the daily increase remained below 1 percent. Technical indicators are far from giving a clear direction, but the general picture points to slight downward pressure. The TradingView summary included 14 sell, 9 neutral and 3 buy signals.
Weakness seems more evident on the moving averages side. The 10-day EMA is at $65,818 and the 10-day SMA is at $66,203. Medium-term averages range from $69,000 to $75,600, with longer-term averages ranging up to $79,762. These levels are watched as possible resistance zones.
On the other hand, some momentum indicators suggest that the selling pressure may slow down. The RSI fell to the 28 level, approaching the oversold zone. However, since the MACD remains at approximately minus 3.978, it seems premature to say that the downward momentum is completely over.
| Indicator | Bitcoin |
|---|---|
| Price | $63,690 |
| RSI | 28 |
| 10-day EMA | $65,818 |
| Main resistance zone | around $80,000 |
Tokenization emphasis for XRP Ledger
While the focus on the Bitcoin side is institutional accumulation, on the XRP front the agenda is increasingly shifting to financial infrastructure and tokenization of real-world assets. David Schwartz, Ripple’s director of technology, said that the XRP Ledger ecosystem is moving towards supporting areas such as tokenized securities, money market funds, shares, repo transactions and credit markets.
Mini dictionary: Repo is a financing transaction in which securities are sold with a short-term repurchase commitment. Tokenization means creating a digital representation of shares, funds or similar assets on the blockchain.
David Schwartz stated that the future will be shaped around tokenized securities, money market funds, shares, repo transactions and loans, and XRP Ledger aims to play a role in this structure.
According to Schwartz, corporate adoption has already begun, while broader individual use may come as the technology matures. This approach also coincides with recent steps such as the EVM-compatible sidechain, stablecoin RLUSD integration, and expansion in credit functions.
Cautious picture in XRP price
However, XRP’s price outlook remains weak. While the asset was traded at approximately $1.16, the daily increase was 0.5 percent. TradingView data highlighted 15 sell, 10 neutral and 1 buy signals.
The RSI is at 32.8 and although it is approaching the oversold zone, it is not yet producing a strong reversal signal. The stochastic indicator is at 27 and CCI is at minus 98.78. The fact that the MACD remains at minus 0.067 and the ADX is 35.55 indicates that the current trend still has a certain strength. In the short term, $ 1,214 and $ 1,097 are watched as support, and $ 1,499, 1,667 and $ 1,952 levels are watched as resistance.
