๐ Market Overview
Total Market Cap: Approximately $3.26 trillion, marking a 0.67% increase over the past 24 hours .
Trading Volume: 24-hour trading volume stands at $50.15 billion, reflecting an 8.35% decrease .
๐ Notable Developments
Bitcoin ETF Outflows: Bitcoin ETFs experienced a net outflow of $131.6 million this week, indicating potential profit-taking or market caution .
Ethereum ETF Activity: Fidelity's Ethereum ETF recorded zero inflows on June 7, suggesting a pause in institutional investment .
XRP Sentiment: Google search interest for XRP has hit a record low in 2025, possibly reflecting waning retail interest .
๐ Technical Insights
Bitcoin (BTC): After a recent dip, BTC found support near $97,663 and is attempting to reclaim the 20-EMA around $104,180 .
Ethereum (ETH): ETH faces resistance around $2,745, with support in the $2,420โ$2,450 range, indicating a critical juncture for price action .
๐ฎ Outlook
The cryptocurrency market shows signs of stabilization, with major assets like BTC and ETH holding key support levels. However, decreased ETF inflows and reduced retail interest in assets like XRP suggest a cautious investor sentiment. Upcoming macroeconomic events, such as the U.S.-China trade talks on June 9, could further influence market dynamics .#BTC #ETH #bnb