š Crypto Market Snapshot ā June 1, 2025 š
š¹ Bitcoin (BTC): Trading at $105,243, showing strong support above $100K. Recent whale accumulation and ETF inflows suggest bullish momentum.
š¹ Ethereum (ETH): Currently at $2,537.88, after a brief dip below $2,500 due to whale exits. The market is stabilizing, with ETH reclaiming key support levels.
š¹ Solana (SOL): At $154.93, SOL is consolidating after a pullback from mid-April highs. Analysts remain bullish, eyeing potential for a breakout.
š¹ Avalanche (AVAX): Trading at $20.86, AVAX is maintaining stability amidst broader market fluctuations. Investors are watching for signs of renewed interest.
š” Market Outlook: Bitcoin's resilience above $100K and Ethereum's recovery after recent volatility indicate a positive short-term outlook. Solana and Avalanche are showing potential for growth, with Solana's correlation to Ethereum gaining attention.
Stay informed and trade wisely! š
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