The crypto market is going through turbulent times! 🌪️
- In June, market capitalization fell by 11.4% due to the sale of BTC by the German government.
- On June 26, the US conducted large BTC transactions, and on July 5, payments to Mt. creditors began. Gox, which added 140,000 BTC to the market.
- Binance Research notes structural weaknesses in the market and a slowdown in new capital inflows.
- Positive catalysts expected: lower inflation and possible approvals of Ethereum ETF.
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