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📊 What to Expect in Bitcoin in June? Expert Analysts Share Their Predictions Bitcoin enters June with bullish expectations, supported by institutional investor interest and strong ETF inflows. In May, the balance between both macroeconomic uncertainty and crypto adoption was tipped in favor of Bitcoin by blockchain-based institutional moves. BTC closed the month up nearly 10%, posting its second consecutive monthly gain. This performance was largely driven by Bitcoin ETF inflows totaling $5.6 billion and corporate treasuries purchasing Bitcoin. According to Bitcoin Treasuries data, the amount of Bitcoin held by public companies increased by 4% in May, reaching a total of $85.6 billion. This trend is expected to continue in June. Experts say that uncertainties, especially regarding customs duties brought back to the agenda by US President Donald Trump, may pose a short-term risk for Bitcoin, but this situation may increase interest in cryptocurrencies in the long term. “The ability to make sudden policy changes on things like customs duties makes short-term pricing very difficult,” said Chris Rhine, head of liquid assets strategies at Galaxy Digital. Rhine also said that such uncertainties could cause a slowdown in economic activity, which could increase the likelihood of monetary support such as rate cuts. In May, Bitcoin’s tendency to diverge from stocks also drew attention. It was observed that Bitcoin gained value both in periods when risk appetite increased and in times when the search for safe havens in the markets came to the fore. 21Shares USA President Federico Brokate stated that “The macro situation is still very important” and that whether this divergence is sustainable will be more clearly understood in June. Bitcoin hit an all-time high of $111,999 on May 22 before falling to $104,000 amid Trump’s comments about a trade war with China. The president has taken to social media to suggest that China is violating the existing trade agreement. #BTC #Bitcoin
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🚀 What Whales Are Buying For Potential Gains in June In the last week of May, the cryptocurrency market experienced a slowdown in trading activity as participants took profits following recent rallies. Despite this brief lull, several altcoins have caught the attention of large investors, commonly known as whales. 🔸 Dogecoin (#DOGE ) The leading meme coin, DOGE, is among the assets crypto whales are accumulating for potential gains in June. This trend is reflected in the recent surge in DOGE accumulation among whale wallets holding between 1 million and 10 million tokens. According to Santiment, this group of DOGE whales added 30 million tokens to their wallets over the past week. Such buying activity by whales often serves as a strong signal to retail traders. Seeing large investors confidently increase their positions can encourage retail participation. This could drive up DOGE’s value as buying momentum builds across the market. If buying pressure subsists, the token could resume its rally and climb to $0.206. However, if whale accumulation stalls and selloffs strengthen, DOGE’s value could fall to $0.175. 🔸 Avalanche (#AVAX ) Layer-1 (L1) coin AVAX is another asset crypto whales are holding for gains in June. This is reflected by the 474% uptick in the coin’s large holders’ netflow in the past seven days. Large holders are whale addresses that hold more than 0.1% of an asset’s circulating supply. Their netflow tracks the difference between the coins they buy and the amount they sell over a specific period. When an asset’s large holders’ netflow increases, more of its tokens are flowing into the wallets of these major investors than are flowing out. This trend indicates that AVAX whales are accumulating the asset, signaling confidence in its future value. AVAX could witness a rebound and surge to $24.28 if whale accumulation continues. On the other hand, the altcoin’s price could extend its decline to $14.66 if the whales begin to sell for profit.
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🔵 Cardano Dips to $0.666: What's Next for $ADA ? Cryptocurrencies began the weekend in the red, with Cardano (ADA), the 10th-largest cryptocurrency by market capitalization, marking significant losses. At the time of writing, #ADA was down 4.08% in the last 24 hours to $0.677 following an earlier drop to $0.666, with intraday lows of $0.6567. Cardano has declined since May 26 and will mark the fifth day of losses if today closes in the red. The drop caused ADA to drop below the 50-day SMA at $0.714, a key level that will determine whether ADA will extend its consolidation or fall further. If the ADA price remains below the 50-day SMA, it indicates that the bulls may be racing to the exit. ADA might fall to $0.60, where buyers are likely to come in. A bounce off $0.60 could indicate potential range trading in the short term. To show strength, bulls might need to push and sustain the ADA price over $0.74. ADA could rise to the overhead resistance of $0.826, which coincides with the 200-day SMA and is a crucial level to monitor. A break and close over $0.826 and then $0.86 could send ADA to $1.01. 🔸 #Cardano hits fresh milestones Cardano has reached a significant milestone, now supporting a total of 2,002 projects building on its network. Bitcoin Ordinals have been bridged to Cardano for the first time using BitVMX, marking a new interoperability milestone. According to the most recent development report by Input Output, the number of delegated wallets held steady at 1.33 million, reflecting a slight weekly increase of 0.02% and indicating continued user engagement. On the asset side, 10.81 million native tokens have been issued through 215,713 token policies. Development activity is increasing, with 134,286 Plutus scripts and 6,817 Aiken scripts deployed. Governance engagement has also increased, with 1,331 delegated representatives (DReps), including 963 active DReps, a 1.14% rise from the previous week. Developer contributions remain significant, with 305 GitHub commits, representing a 23.73% increase in weekly activity.
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😡 Trump Threatens Steel Tariffs Again President Trump said he was “honored” to raise steel and aluminum tariffs from 25% to 50% starting June 4. The White House also confirmed that steel tariffs would increase from 25% to 50% starting next week. Trump has made dozens of announcements regarding tariffs in recent days, but they have yet to take effect. 📉 Meanwhile, Bitcoin fell below $104,000 and has seen a -6.2% drop over the past week. Investors are slowly locking in profits. 🔽 More than $1 billion has been liquidated in the past 24 hours. Most of the liquidated positions were Long trades. 😈 Donald Trump's new coin WLFI is set to launch next month with a market cap of $1.5 billion, according to World Liberty Financial. The Trump family is clearly looking to make a few more millions in cryptocurrency. #BTC #bitcoin #Trump
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🔽 $550 million Liquidations Overnight After Bitcoin fell below $105,000, it led to liquidations in the crypto market that have exceeded $550 million in the last 24 hours. 👋 Yesterday Trump met with the head of the Federal Reserve. Trump personally told Jerome Powell that the Fed is making a mistake on interest rates. 🇨🇳 Finance Minister Bessent said trade talks with China had "reached a dead end". 🏠 The SEC says staking cryptocurrencies on PoS networks is not securities related. #BTC #Bitcoin #Sec #Crypto
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