Today, the cryptocurrency market is experiencing a downturn with most alternative coins showing losses. Bitcoin is currently priced at approximately $66,090 while Ethereum trades around $3,550.

⭕ Market Sentiment: The Fear/Greed Index stands at 71, indicating greed among investors.

📉 Key News Highlights:

• The SEC is now seeking a $102.6 million fine from Ripple in the ongoing XRP lawsuit.

• VanEck is set to launch its Bitcoin Exchange Traded Fund (ETF) in Australia on June 20.

• Gemini has agreed to settle with the New York Attorney General for $50 million.

• Bitcoin holders are increasing selling activity amidst market uncertainty.

• Interest in Central Bank Digital Currencies (CBDCs) has been steadily rising over the past five years, according to Google Trends data.

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