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Cryptocurrencies Face Volatility Amid Market and Regulatory Shifts

Bitcoin, Ethereum and others fluctuate with government sales and ETF developments as key economic data looms.

Overview

  • Bitcoin and Ethereum prices fluctuate around $61,000 and $3,400 respectively, influenced by U.S. government Bitcoin sales.
  • VanEck files for Solana ETF, while Ethereum ETFs await potential SEC approval by July 4.
  • Market sentiment remains cautious ahead of U.S. GDP data and presidential debate.
  • Large-scale liquidations and mixed trading activity mark recent cryptocurrency market trends.
  • Institutional interest grows with BlackRock's Bitcoin purchases and Marathon Digital's diversification into multicoin mining.