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๐ Overall Market Sentiment
As of today, the global crypto market capitalization has reached $3.24 trillion, reflecting a 0.22% increase in the past 24 hours. This upward trend indicates steady investor confidence as June kicks off.
๐ (Source: Binance)
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๐ฐ Bitcoin (BTC) Performance
Bitcoin traded between $103,286 and $104,900 today. As of 9:30 AM UTC, its price was around $104,021, marking a 0.51% gain over the last day.
๐ This suggests stability near the $104k level with cautious optimism in the market.
๐ (Source: Binance Square)
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๐ Ethereum (ETH) Volatility
Ethereum briefly dropped below the $2,500 level, sparking speculation about whale exits and large-scale sell-offs. However, it later bounced back above key support.
๐ (Source: CoinDesk)
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๐ถ Shiba Inu (SHIB) Growth Potential
SHIB is currently priced at $0.00001252. Analysts predict that if the price hits $0.000626 or $0.001252, a $10,000 investment could turn into $500,000 or even $1,000,000.
๐ก Long-term holding and community momentum remain key drivers.
๐ (Source: The Crypto Basic)
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๐ Geopolitical Tensions Impact
Rising tensions between China and the United States have created uncertainty in global markets, including crypto. Traders are watching closely for potential volatility spikes.
๐ (Source: Blockchain.News)
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๐๏ธ Institutional Activity
Michael Saylor, chairman of MicroStrategy, announced more Bitcoin purchases, reaffirming institutional interest and strengthening bullish sentiment.
๐ (Source: Blockchain.News)
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๐ฎ June Forecasts
Bitcoin recently hit an all-time high of $111,814 in May. While prices have slightly pulled back, long-term momentum remains positive, according to leading analysts.
๐ (Source: CCN)
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โ Summary
The crypto market is entering June with cautious optimism.
Bitcoin shows stability, while Ethereum remains volatile.
SHIB holds high potential for speculative investors.
Institutional moves and geopolitical news are key watchpoints.
๐ Investors should stay alert and follow market updates closely.
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