Cryptocurrency prices on June 4: Bitcoin holds above $68K; Shiba Inu, Avalanche tank up to 5%
Cryptocurrency markets, led by Bitcoin, Ethereum and Shiba Inu, traded lower today. Bitcoin touched $70,230 on positive US inflation data, fueling speculation of a potential interest rate cut by the US Fed. The global market cap fell by 0.7% to $2.55 trillion, with stablecoins totaling $76.21 billion.