Binance Research: The scale of tokenized RWA has increased by approximately 589% since the beginning of 2025, and crypto card transaction volume has increased by 48.6% year-to-date.

CoinFeed reported on June 9th that Binance Research's June Market Insights report indicated that the May crypto market correction was driven by macroeconomic factors. Bitcoin tested the 200-day moving average and short-term holders' support level but failed to hold. ETF outflows reflected short-term pressure, while the tightening trend of on-chain supply remained unchanged. The market focused on the dot plot of new Federal Reserve Chairman Warsh, the progress of the Clarity Act, and AI sentiment repricing. In May, funds shifted to a specific narrative, with quantum-resistant computing transitioning from a tail risk to a portfolio necessity, outperforming Bitcoin by approximately 59.3% (month-over-month). The correlation between BTC and ETH ETF fund flows and equities has structurally decoupled, while fund flow behavior is increasingly converging with corporate and government bonds.