Bitcoin
Bitcoin closed lower yesterday, ending a five-day winning streak.
The market recovered from below $60,000 on April 19 to hit a local peak above $67,000. However, the upward momentum around this area seems to have slowed down.
Bitcoin is down slightly by 0.6% on the day and is currently priced at around $66,600.
Altcoin market mixed
The RWA industry witnessed a watershed moment when London-based exchange, broker and custodian Archax launched a tokenized marketplace fund BlackRock ICS MMF on the Hedera blockchain. Following the news, HBAR prices surged by more than 80%.
Meanwhile, Akash Network (AKT) also led the market with a growth of over 35% when it was listed on Upbit.
Major memecoins such as Bonk (BONK), dogwifhat (WIF), Pepe (PEPE), and Floki (FLOKI) also saw profits exceeding 10%.
On the other hand, Ethena (ENA) was the worst performer on the day, losing more than 10% in value.
Other projects such as Nervos Network (CKB), Wormhole (W), Beam (BEAM), Neo (NEO), Bittensor (TAO), Worldcoin (WLD), Mantle (MNT), Stacks (STX), Aptos (APT), Sui (SUI), Core (CORE), Sei (SEI), Pendle (PENDLE), The Graph (GRT), Toncoin (TON)... evaporated 5-8%.
Ethereum (ETH) continues to struggle to hold above $3,200 after recovering from its recovery since April 19.
It continues to grow slightly by 0.6% and is currently trading around $3,230.
(Personal opinion, not a recommendation)
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