Bitcoin

Bitcoin continues to record a second consecutive day of decline.

After a strong rally on May 20 on the hype surrounding the approval of an Ethereum spot ETF, the recovery appears to have stalled around the $72,000 area.

It fell 1.4% yesterday, moving back below the $70,000 mark, and is currently trading around $69,500.

Major altcoins are down after strong recovery

Projects like Core (CORE), Lido DAO (LDO), Floki (FLOKI), dYdX (DYDX), ORDI (ORDI), Optimism (OP), Pendle (PENDLE), Render (RNDR), Ethena (ENA), Bitcoin SV (BSV), Tron (TRX), Shiba Inu (SHIB), Chainlink (LINK), Mina (MINA), Starknet (STRK)… have lost 3-7% of their value in the past 24 hours.

Ethereum (ETH) fell after a strong 2-day rally amid speculation of an ETH spot ETF approval.

After hitting a local high of 3,841 yuan, the exchange rate bottomed out near 3,653 yuan and has now rebounded to around 3,762 yuan.

(Personal opinion, not a recommendation)

In the crypto industry, if you want to seize the next bull market opportunity, you need to have a high-quality circle and maintain insight. If you are alone, looking around and finding no one, it is actually very difficult to persist in this industry. Follow the homepage~

If you like it, please follow us for more articles.

Thanks for reading! See you next time!