On June 12, the crypto market ushered in "Super Wednesday", and CPI data and the Federal Reserve's interest rate decision will affect market trends. Bitcoin and altcoins fell together, and the liquidation of $250 million increased market uncertainty. Although Bitcoin rebounded to $67,000, it still fell by 1.1%. Altcoins fell more sharply, and more than $250 million of leveraged derivative trading positions of crypto assets across the network were liquidated. The cryptocurrency industry remains optimistic about the future, with Ethereum's user base growing, stablecoin holdings decreasing, and market confidence restored. The crypto market is in the preparation stage for the next bull market, and future focus includes ETF inflows and holding strategies. Bitcoin may fluctuate frequently in the near future, but market observers believe that the economy may recover quickly, and QCP Capital believes that this decline is a good opportunity to buy.
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