Crypto continues its retreat

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Women engineers at ABB contribute to a culture of safety and…Revolutionizing the Digital Landscape: Our CEO’s Vision for Unlimited Web Hosting…In 24 hours, crypto capitalisation fell 2.2% to $2.36 trillion. Bitcoin’s relatively moderate 1% decline contrasts with a much deeper dive in altcoins. Ethereum fell 3.3%, Solana plunged 7.8%, and Dogecoin dropped 9.2%.

Bitcoin was down to $64.5K this morning, its lowest since 15 May. It has been declining for the past twelve days. It’s also attempting to gain ground below the 50-day moving average and the 76.4% retracement from the January-March rise. The Australian Securities Exchange will start trading the first spot bitcoin-ETF on 20 June. A product from VanEck has gained admission to trading, while applications from other issuers are still being reviewed.

 

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