Cryptocurrencies Face Volatility Amid Market and Regulatory Shifts
Bitcoin, Ethereum and others fluctuate with government sales and ETF developments as key economic data looms.
- 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.