As we step into June, the crypto market is showing renewed momentum following a volatile May. Bitcoin (BTC) has reclaimed the $70,000 level, up 4.3% week-over-week, while Ethereum (ETH) continues to gain strength, hovering near $3,800 amid growing institutional interest ahead of the Ethereum ETF launch rumors.
Altcoins are also seeing a resurgence, with Solana (SOL) and Avalanche (AVAX) leading the charge, up 12% and 9% respectively in the past seven days. Notably, AI-related tokens like FET and AGIX are gaining traction again, driven by growing excitement around decentralized AI infrastructure.
On the macro side, declining inflation data in the U.S. and speculation around a potential Fed rate pause are boosting investor confidence. Meanwhile, Binance continues to see record trading volumes and new listings in the DeFi and GameFi sectors, reflecting strong user interest.
Keep an eye on key economic reports this week and developments from global regulators, which could influence short-term price action. As always, stay informed, manage your risk, and explore opportunities wisely.
Follow this space for more real-time updates and insights as the market evolves.#Binance $BTC