Yesterday's Top Crypto News (June 11th, 2024)

1. Bitcoin Pullback and Market Jitters:

News:#Bitcoin dipped below $68,000 triggering liquidations as traders awaited key economic data releases (#bitcoin, #BTC, #cryptocrash , #FOMC, #CPI)

2. Institutional Activity:

News: Despite the pullback, Bitcoin saw significant inflows ($2 billion) while Ethereum had its highest institutional buying since March. (#cryptoadoption, #institutionalinvesting, #Ethereum, #ETH)

3. Meme Coin Sell-Off:

News: Meme coins like Dogecoin and Shiba Inu saw a sharp decline, extending losses for GameStop stock. (#memecoins, #DOGE, #SHIB, #GME)

4. Meta Discloses Bitcoin Purchase:

News: Metaplanet, a metaverse project, saw its shares jump after disclosing a $1.6 million Bitcoin purchase. (#metaverse, #Metaplanet, #bitcoinadoption)

5. Ethereum Staking Update:

News: The amount of staked Ethereum (ETH) on the Beacon Chain reached a new high, indicating growing confidence in Ethereum 2.0. (#Ethereum , #ETH , #staking )