$BTC

Weekly Summary of News for June 4–10

The cryptocurrency market showed strong bullish trends last week, particularly for Bitcoin, which crossed over $70,000 and reached an intraday high of $71,031 before a minor decline. Bitcoin remained optimistic and predicted possible new highs in spite of this decline. Ethereum had strong purchasing activity despite encountering crucial barrier at $3,900. Significant gains were made by meme currencies, with notcoin (NOT) reaching 214% in the lead. In the meantime, South Korea's high demand for Bitcoin led to an increase in its premium. With predictions that Bitcoin will hit $100K by the end of the year and $150K if favorable political conditions hold, analysts are still upbeat.