Overview of cryptocurrency market events from June 16 to June 22

Last week, the cryptocurrency market experienced a significant decline, including a sharp drop in Bitcoin's value below $100,000. Tron announced plans to conduct an IPO through a reverse takeover, which may impact its future development. The appearance of DeFi applications in the Telegram messenger is expected, which could strengthen its position in financial technologies.

Comment:

The drop of Bitcoin below the $100,000 mark indicates high volatility in the cryptocurrency market, requiring investors to pay increased attention to changes. Tron's decision to conduct an IPO through a reverse takeover may provide new momentum for the project's capitalization. The implementation of DeFi applications in Telegram could significantly expand the messenger's ecosystem and make it more appealing to users interested in decentralized finance.