1. Grayscale said the Fed's rate cut will weaken the dollar and support Bitcoin
The total market value of cryptocurrencies increased by $51.1 billion in the past 24 hours, BTC rose by 1.62%, with an amplitude of 4.6%, and the market sentiment was greedy.
2. News review:
🔔Grayscale: The Fed's rate cut will weaken the dollar and support Bitcoin;
🔔The US CPI data in May recorded 3.3%, lower than expected;
🔔The Fed will maintain interest rates at 5.25%-5.5% Coin: Cryptocurrency (COINOTAG).