📉 Currency Prices Today – June 2: Bitcoin Drops to 103K, and Ethereum Holds Above 2500
Market Overview:
• Bitcoin (BTC): Dropped to $103,200 amid institutional selling pressure and continued caution from investors after a strong rally.
• Ethereum (ETH): Bounced back from support at $2,500 after a sharp correction, supported by positives on the network such as staking activity and institutional interest.
• Solana (SOL): Fell by 3.4% to $160.
• XRP: Stabilized around $0.62 after a week of volatility.
Analysis:
The market is experiencing volatility after reaching historical levels in May. Investors are waiting for new signals from ETFs and the Federal Reserve's stance on interest rates.
#Bitcoin #Ethereum #CryptoMarket #BTC #ETH
