The total cryptocurrency market, excluding the Top 10 advantage, shows a current advantage of 10.34%, down from the annualized early 2024 peak of 13.38%. In 2024/6/1, the figure was 11.38%, which was a one-month peak.
Bitcoin's price is currently at $60,769.45, showing a 30-day drop of 12.4%, a 7-day drop of 7.5%, and a 24-hour drop of 3.1%. Solana's price is currently at $133.88, indicating a 30-day drop of 19.0%, a 7-day drop of 2.1% and a 24-hour rise of 6.55%. The chain #link price is at $13.84, a 30-day decline of 24.4%, a 7-day increase of 1.0%, and a 24-hour increase of 6.1%. WIF prices are at 11.83, a 30-day decline of 40.1%, a 7-day decline of 11.8%, and a 24-hour decline of 15.8%.
In conclusion, while #bitcoin continues to rise, the short-term outlook for #altcoins remains uncertain. Crypto traders and investors should be prepared for a potential drop in altcoin prices, even if the long-term outlook is positive.
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