Crypto news

Current situation of Bitcoin Hello, here's the most important news for this morning: 💸 The price of BTC has dropped below $59,000. As BTC lost a crucial support at the $60,000 level, the next support is around $57,000. 💥 The decline in price occurred due to the closure of leveraged long positions worth millions of dollars. Additionally, over the last three hours, one of the major BTC whales deposited an additional 1,800 BTC ($106 million) into Binance. 💥 Yesterday, net outflows from BTC spot ETFs amounted to -$20.5 million, while the day before saw outflows of -$13.7 million. ⚡️Bitwise has filed an updated S-1 application for an ETH ETF a few days before the deadline set for July 8, potentially launching the product on the market as early as next week, according to BBG analysts. Crypto news

📉 Bitcoin continued its decline - overnight, at one point, the cryptocurrency's price dropped below $58,000. Over the past day, traders' positions worth $262 million have been liquidated. 🪓🩸 👀 But here's the interesting part. On June 24, when Bitcoin last dropped below $60,000 (and did not fall below $58,000 at that time), the Fear & Greed Index plummeted to 30, an extremely low value. Currently, the index stands at 44, still in the fear zone, but the market is now more confident, which is somewhat surprising, especially considering the massive movements of Bitcoin, possibly indicating rapid compensation payments to victims of the Mt.Gox hack. 🤔 Crypto news

📊 Market Overview: BTC : $60952 ETH : $3387.77 BNB : $571.48 SOL : $142.01 ⚡ Dominance : BTC : 50.51 % ETH : 17.11 % Stables : 6.09 % 📈 Market Cap : Total : 2.38T DeFi : 85.85B 24hr Vol : 61.23B Crypto airdrop

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