BTC sees only 13 days above $70K mark, new market potential looms.

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	Forwarded this email? Subscribe here for more Huge short Bitcoin positions above $71k suggest potential for rapid market movements BTC sees only 13 days above $70K mark, new market potential looms. Jun 5   READ IN APP   Happy Wednesday! The global crypto market cap is $2.65 trillion, with a 24-hour volume of $90.56 billion. The price of Bitcoin is $71,474.10, and BTC market dominance is 53.3%. The price of Ethereum is $3,811.25, and ETH market dominance is 17.3%. The best-performing sector is Bitcoin Ecosystem, which gained 12%. The Crypto Fear & Greed Index is currently Greed (75). 📰 Top News Huge short Bitcoin positions above $71k suggest potential for rapid market movements BTC sees only 13 days above $70K mark, new market potential looms. 👀 Metric of The Day The spot US Bitcoin ETFs now hold approximately 868,000 Bitcoin, having experienced their second-best day on record, with a total inflow of $887 million on June 4. Bitcoin halving slashes miners’ production in May by over 40% The miners highlighted that their hashrate has continued to rise despite the falling BTC production. House Appropriation bill targets SEC’s controversial SAB 121 amid budget talks Meanwhile, SEC Commissioner Mark Uyeda has called for SAB 121 to be withdrawn. Bitwise CIO says market undervaluing Washington’s shifting attitude toward crypto Hougan said the US political landscape regarding crypto has changed significantly toward a more positive stance in recent weeks. 📈 Latest Insights Bitcoin’s realized price surpasses $30,000 Bitcoin short-term holders increased holdings by over 1 million BTC in six months Bitcoin ETFs record best day with no outflows netting $887 million 🗞️ More News Google publishes new policy paper emphasizing privacy in AI development Avail secures $43 million to enhance Web3 with modular unification technology Spain extends Worldcoin ban until 2024-end Aave tops $20 billion in deposits amid record revenue and fee switch discussions FTX settles $24 billion IRS claim for fraction to prioritize customer repayments Lawmakers plea for President Biden’s swift action as US Binance exec fights for life in Nigerian prison Trump owns over 50% of TROG memecoin amid illiquid $32M crypto holdings 📖 Latest Market Report How BlackRock’s Bitcoin ETF shapes the crypto market CryptoSlate's latest market report dives deep into the meteoric rise of BlackRock's Bitcoin ETF to understand how it positioned itself at the forefront of the crypto market. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2024 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe