#PCEMarketWatch Crypto Market Update – June 1, 2025
🚀 A fresh month kicks off with mixed momentum across the crypto markets.
🔹 Bitcoin (BTC) is holding steady around $68,400, showing slight consolidation after last week's strong rally. Traders are eyeing the $70K resistance as ETF inflows remain strong.
🔹 Ethereum (ETH) is trading near $3,850, gaining modest traction as buzz builds around the upcoming Pectra upgrade, expected to improve scalability.
🔹 Solana (SOL) leads Layer 1 gains today, up 4.2%, trading around $192, driven by growing interest in its DePIN and gaming ecosystem.
🔹 Altcoins are a mixed bag:
• Chainlink (LINK) and Render (RNDR) are both seeing strong volume surges.
• Pepe (PEPE) and other meme coins are cooling off after last month’s explosive runs.
📉 Market Sentiment: Slightly bullish with a Fear & Greed Index reading of 72 (Greed). Investors are cautiously optimistic heading into June.
📊 Key Themes to Watch This Week:
• BTC ETF inflow reports
• ETH staking dynamics
• Regulatory updates from the EU and US
• AI + crypto narrative plays
💬 What are you watching this week? Are we gearing up for a summer breakout or just consolidating for the next leg?#PCEMarketWatch $BTC