$BTC South Korea has a government that supports cryptocurrency

On June 8, the White House emphasized its stance on tightening the legal framework for companies related to cryptocurrency, causing stocks in this sector, such as COIN (Coinbase), to drop 2.1% to $240.15 at 11:00 AM UTC. At the same time, S&P 500 futures fell 0.5% to 5,320 points, creating a general cautious sentiment that pulled the prices of Bitcoin and Ethereum sideways or slightly down in the morning

• Impact from Ethereum's Pectra upgrade

The Pectra upgrade has just been implemented, improving interoperability and reducing transaction fees, while also boosting DeFi activity on the network. As a result, the price of ETH increased by about 4% during the day, along with a trading volume increase of 12% compared to yesterday.