June 5 #Crypto_Market_Analysis
The overall crypto market has been volatile recently. After a period of fluctuations, the price of Bitcoin is currently around $105,435. It has been on an upward trend in the past 24 hours, but it once dropped to $103,700, hitting a recent low. Ethereum is highly active, and its volatility is greater than that of Bitcoin. The overall daily level is volatile and bearish, and the long-short game is fierce. It is still in a box-shaped oscillation in the 4-hour period.
From the perspective of capital flows, Binance has performed outstandingly in stablecoin reserves, with USDT and USDC holdings of $31 billion, accounting for 59% of the total stablecoin reserves of all centralized exchanges. Since 2025, Binance has attracted a total of $180 billion in stablecoin inflows. In terms of the cumulative inflow of cryptocurrencies, Binance ranks first with $335 billion, and the average Bitcoin deposit volume also ranks first, showing Binance's strong ability to absorb market funds.
