📢Odaily Planet Daily broke the news! JPMorgan Chase's latest research report shows that the total market value of cryptocurrencies fell 8% to around $2.25 trillion in June, recovering most of the gains in May. 😲Analyst Kenneth Worthington pointed out that the market value of tokens, DeFi and NFTs all retreated in June, and daily spot crypto trading volume fell 18% compared with the previous month.

🔍JPMorgan Chase further pointed out that this trend is in stark contrast to traditional markets, with the S&P 500 index rising 4% and the tech-heavy Nasdaq index rising 6% that month. 📈

🎉However, stablecoins outperformed other crypto sectors in June, mainly driven by USDT. At the same time, the total market value of listed Bitcoin mining companies also increased by 19%, and these companies benefited from the gains brought by "electricity use cases related to artificial intelligence." 💰

😔However, the spot Bitcoin ETF had the second worst month of traffic since its launch, with 10 US spot ETFs expected to have sales of $662 million this month. Despite this, we remain optimistic about the prospects for Bitcoin! 🚀