Bitcoin
After hitting a local peak around $72,000, Bitcoin quickly made a small correction to the $70,000 area.
After a strong rise of nearly 8% on May 20, the leading asset has now cooled down and gradually stabilized around the $70,000 mark.
Cryptocurrencies such as bitcoin and ether rose on Tuesday after the U.S. Securities and Exchange Commission asked companies filing spot ether ETFs to update regulatory filings.
Bitcoin reached as high as $71,957 and Ethereum reached $3,841, its highest levels in more than a month.
Altcoins
Large memecoin projects such as Pepe (PEPE) and Floki (FLOKI) continue to lead the short-term growth momentum, rebounding 29% and 15% respectively.
Other major projects such as Ronin (RON), Dogecoin (DOGE), Bonk (BONK), Kaspa (KAS), Lido DAO (LDO), Bittensor (TAO), Pendle (PENDLE), Gala (GALA), Mantle (MNT), Shiba Inu (SHIB), Uniswap (UNI), Fetch.ai (FET), BNB (BNB), SingularityNET (AGIX), Arbitrum (ARB), Ethena (ENA), Avalanche (AVAX), dogwifhat (WIF)… increased by 3-7%.
Ethereum (ETH) is hovering around $3,800 after establishing a local top at $3,841, up 3.4% on the day.
The market remained active following a rally of more than 19% the day before, with analysts predicting a spot Ether ETF will be approved this week.
(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!
