Crypto Market Update: Bitcoin Sees Less Interest, Ethereum ETF Expected to Attract $5 Billion

The crypto market is experiencing a shift in interest, with Bitcoin seeing less action from both buyers and sellers. According to CryptoQuant, this lack of volatility is a sign that whales are accumulating Bitcoin, making it an ideal time to buy. On the other hand, Ethereum is gaining traction, with its ETF expected to attract a whopping $5 billion in inflows.

In other news, Ripple's escrow timelocks have expired, unlocking 1 billion XRP tokens. The altcoin is currently trading above $0.47, showing a slight increase in value. Bitcoin, on the other hand, is holding steady above $61,000, with its daily active addresses reaching a high not seen since mid-April.

Chainlink is also showing signs of a potential rally, with whales buying up the dips. According to on-chain data, whales have accumulated 2.08 million LINK in the past week. Meanwhile, seasonal data suggests that Bitcoin's price correction could end in July.

Overall, the crypto market is experiencing a mix of trends, with some coins showing signs of growth while others are experiencing a decline in interest. As always, it's important to do your own research and stay informed before making any investment decisions.

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