🔥Market News on July 1st

- Bitcoin has bounced back to $63K, pulling several altcoins up with it, including ENS, ZRO, BNX, ZK...

- Sony has made a significant move into the cryptocurrency space by acquiring the trading platform Amber Japan

- July 8th is the deadline for institutions issuing Ether Spot ETFs to amend their S-1 forms and resubmit them to the SEC

⏰ Macro Schedule:

- 02/07 20:30: Fed Chairman Powell will speak at the European Central Bank Forum.

- 05/07 19:30: The US will release Non-farm Payroll data.

+ Unemployment Rate: Forecast = 4.0%, Previous = 4.0%

+ Jobs Created: Forecast = 189K, Previous = 272K

📈 24-Hour Price Movements:

- Bitcoin: Rebounded from $61K to $63K after a period of stagnation.

- Altcoins: Strong recovery with a green market, improving market sentiment.

- Stablecoin Netflow: Over $162 million withdrawn from exchanges in the past 24 hours.

#GemxCrypto #news #BTC☀️ #Altcoinseason2024