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trend line signifies the overall uptrend of the pattern, targeting $1, supported by strong moving averages, MACD, and RSI.📈
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$BTC is forming a descending triangle pattern, with strong support around $104K. The price remains in a tight consolidation range.🔥 $107K is the next resistance level to watch. If the sentiment surges near the resistance, Bitcoin could rise further. #BTC110KSoon?
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🚨 What’s hot in crypto today? 🔥 Crypto News ✦ The SEC has approved Trump’s submitted S-3 registration statement. ✦ Grayscale, VanEck, and other $SOL ETF issuers have submitted updated S-1 filings. ✦ BlackRock now holds 3% of the total Bitcoin supply, becoming one of the largest institutional holders. ✦ A former blockchain executive appointed as Director of Trading and Markets at the SEC. ✦ SEC, Ripple file motion to release $125M in escrow as case winds down. ✦ Michael Saylor claims Bitcoin could help address Apple’s stock buyback strategy. ✦ LayerZero is set to initiate its second protocol fee toggle vote on June 20. ✦ Sonic has teamed up with RedotPay to enable $S token payments across 130 million Visa-supported merchants. ✦ The White House has rejected crypto conflict-of-interest provisions included in the CLARITY Act. ✦Trump’s presidential financial disclosure reveals $57M in earnings from a family-owned crypto company. On-Chain Updates 💹 ✦ Over the past 24 hours, total liquidations across the crypto market reached $259M, with a breakdown of both long and short positions. ✦ USDC’s circulating supply has dropped by approximately $100M over the past week. ✦ Yesterday, U.S. Bitcoin spot ETFs saw a net inflow of $301M, with BlackRock’s IBIT contributing $239M. Meanwhile, U.S. Ethereum spot ETFs recorded a net outflow of $2.10M. ✦ A Hyperliquid wallet shorted a basket of tokens, earning $2.28M in funding fees over 3 days.
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Just In: 📢 The global crypto market drops 7.61% to $3.31 trillion in the past 24 hours amid Middle East conflict escalation and macroeconomic uncertainty. 🩸 $BTC fell below $105K (-3.21%) and $ETH below $2500 (-9%). 📉 HODL strong! ✊ #IsraelIranConflict
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🚨 BREAKING: Apple App Store greenlights #Bitcoin -powered game SaruTobi to use in-app payments! 💥
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Just In:🔥 #injective blockchain's TVL hits $31 million, a 22.16% increase in the past week. 🚀 Injective has now outperformed major blockchains including Abstract, Swellchain, and Metis in total value locked. #blockchain
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