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Gutsul Crypto News
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Market Data 06/02/2024: 🟦 Current Bitcoin price — $67,716 (+0.09%) 🟨 Current Ethereum price — $3,791 (-0.29%) ❇️ BTC.D Dominance Index — 54.17% ❇️ S&P 500 Index — $5285 ❇️ Fear and Greed Index — 73 (Greed) 🌐 Total Market Capitalization — $2.463 trillion 🌐 Altcoin Market Capitalization — $1.129 trillion 📈 Top-100 Crypto Gainers: 1. NOT — $0.0197 (+62%) 2. BRETT — $0.112 (+22.4%) 3. W — $0.660 (+12.5%) 📉 Top-100 Crypto Losers: 1. BGB — $1.35 (-7.9%) 2. LDO — $2.40 (-7.6%) 3. PEPE — $0.0000146 (-7%)

Market Data 06/02/2024:

🟦 Current Bitcoin price — $67,716 (+0.09%)

🟨 Current Ethereum price — $3,791 (-0.29%)

❇️ BTC.D Dominance Index — 54.17%

❇️ S&P 500 Index — $5285

❇️ Fear and Greed Index — 73 (Greed)

🌐 Total Market Capitalization — $2.463 trillion

🌐 Altcoin Market Capitalization — $1.129 trillion

📈 Top-100 Crypto Gainers:

1. NOT — $0.0197 (+62%)

2. BRETT — $0.112 (+22.4%)

3. W — $0.660 (+12.5%)

📉 Top-100 Crypto Losers:

1. BGB — $1.35 (-7.9%)

2. LDO — $2.40 (-7.6%)

3. PEPE — $0.0000146 (-7%)

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📈 An interesting week! BNB and TON are reaching new all-time highs, ahead of the anticipated altcoin season at the end of the year. Today, I want to talk about something specific! CPI - Consumer Price Index. You often refer to various American meetings, like Parent Index No. 1, No. 2, Black Lives Matter Index, Mexican Drivers Index transporting illegals across the border, etc. The only real correlation is with the CPI - Consumer Price Index (inflation) and the Personal Consumption Expenditures (PCE) price index included in it. The correlation is as follows. When a higher percentage is expected, the Consumer Price Index is bearish for cryptocurrency, while a lower-than-expected Consumer Price Index is bullish. Let’s clarify this with numbers. When a low percentage is forecasted, for example, 3.3% or below, and the meeting is scheduled for June 12, it's likely to expect a price increase until the 12th. If the forecast for the upcoming July is, for instance, 3.5% or higher, the month is expected to be bearish. ETF traders closely monitor these indices, and their purchases are directly correlated with these indices. That’s the gist of it! #Bitcoin #ETF #CPI
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🇻🇦 Cryptocurrencies with growth potential in June 👇 According to Santiment analysts, there is a gradual increase in social activity around the Synth Ai startup. 🇻🇨 There are also calls for regulators to support projects that have issued FET, OCEAN, AGIX, and TAO tokens. These spikes in public interest often signal price increases. The chart shows the growth of social activity around AI-related cryptocurrencies.
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The Five Largest Bitcoin Holders 1️⃣ Satoshi Nakamoto: 1.1 million bitcoins 2️⃣ Winklevoss Twins: 70,000 bitcoins 3️⃣ Tim Draper: 29,500 bitcoins 4️⃣ Michael Saylor: 17,732 bitcoins 5️⃣ CZ Binance: 15,000 bitcoins
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🇪🇺 CEO of Tether is concerned about the future of stablecoins in the European Union. He believes that the requirements may not only make the operation of stablecoin issuers extremely difficult but also render EU-licensed stablecoins extremely vulnerable and riskier to operate.
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🟠Monday! Fresh juice! Guys, hello! What's important to know today? The total market capitalization hasn't changed much and remains at $2.68 trillion. However, #Bitcoin prices started rising during the Asian trading session this morning, adding 2.5% and reaching $69,120 at the time of writing this article. Trading is in a narrow range as at the end of May it failed again to surpass the $70,000 mark. Realized profits of short-term holders dropped by 32%, signaling a lack of desire to take profits at current levels, essentially expecting further growth. New investors entered at $66k-$68k, forming a support plateau. #Ethereum recovered minor losses and returned to $3,832, while altcoins remained almost unchanged, except Toncoin, which gained 10% over the past 24 hours, and OM MANTRA, which we held with you, grew significantly over the weekend. Binance is delisting its trading pairs, namely: OMG/USDT WAVES/BTC WAVES/ETH WAVES/TRY WAVES/USDT WNXM/USDT XEM/USDT Also, analysts' wet fantasies predict BTC price at $150k in early autumn. There is an opinion that monitoring US financial reports is useful for accurate price forecasting. Editorial opinion. From a high tower on their reports, the most influential are the CPI inflation reports, especially for short-termers. That's all. Are you cypherpunks or what? Wishing everyone a great week! Patience! Universal cash flow to everyone!
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