🚨 Crypto Market Update – June 8, 2025 🚀
I’m tracking the crypto markets today, and here’s what you need to know:
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🔝 Top Movers & Market Stats
Bitcoin ($BTC) is holding strong above $105 K, currently up around 0.5%.
Ethereum ($ETH) trades near $2,520, stable but watch a whale move we’ll discuss below.
Ravencoin ($RVN) surged nearly 16%, fueled by excitement around its Upbit listing.
Total market capitalization is roughly $3.28 T, with daily volume near $18 B for BTC and $7.8 B for ETH.
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🐋 Whale & On‑Chain Watch
A $1.91 M transfer to CEX may signal pre-trade positioning—could impact BTC/ETH soon.
A whale moved 10,708 ETH (~$27 M) from Lido to OKX—watch for short-term ETH volatility.
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🌟 What to Watch
1. **$BTC**: Consolidating above $105K—strong support remains. A trend continuation toward $108–112K is possible if whales stay out of the selling zone.
2. **$ETH**: Despite the whale movement, ETH holds key zones near $2,500. A breakout if bulls return could push it toward $2.7–3K.
3. **$RVN**: Recently rallied after its Upbit listing. Watch whether volume sustains this momentum or primes for a pullback.
Altcoins like Cardano ($ADA), Pepe ($PEPE), and Quant ($QNT) are also seeing whale accumulation heading into June.
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Coins: $BTC , $ETH , $RVN , $ADA, $PEPE, $QNT
Hashtags: #CryptoUpdate #bitcoin #Ethereum✅ #Ravencoin #Altcoins #WhaleWatch #CryptoTrading #BinanceSquare #DeFi
