Current State of Bitcoin and Cryptocurrencies – June 6

What’s the latest with Bitcoin and popular altcoins? Will the uptrend continue? Key levels to watch for a price surge. Here’s the latest on Bitcoin (BTC), Ethereum (ETH), and popular altcoin prices!

Bitcoin (BTC): BTC/USDT pair has gained 0.17% in the last 24 hours and is currently trading at $71,000. BTC has significantly surpassed the resistance level of $70,520 and is now priced at $71,000. After reaching a peak of $71,760, the price dropped to $70,720. If BTC doesn’t find support at $70,500, the next support level to watch is $69,440.

• Resistance levels: First at $71,980, and then at $72,800.
• Support levels: First at $70,500, and below that at $69,440.

Ethereum (ETH): The ETH/USDT pair has risen by 1.34% in the last 24 hours and is currently trading at $3,860.

• Resistance levels: First at $3,900, and then at $3,980.
• Support levels: First at $3,830, and below that at $3,740.

Binance Coin (BNB): The BNB/USDT pair has dropped by 0.24% in the last 24 hours and is currently priced at $697.

• Resistance levels: First at $716, and then at $740.
• Support levels: First at $688, and below that at $670.

Metaplanet Buys Another $1.2M Worth of Bitcoin as Investment Strategy Progresses

1 July 2024

Japanese investment adviser Metaplanet has acquired more than 20.2 BTC, spending $1.2 million as part

Ant Group Boosts Blockchain Capital to $206 Million

As the Chinese conglomerate keeps up its blockchain drive, Ant Digital Technologies, the blockchain division

01
Jul

Bitcoin’s Weekend Trading Volume Hits Historic Low in 2024

One of the key traits ascribed to Bitcoin, namely the trading activity over the weekend,

01
Jul

NFT Sales Plummet 44% in Q2 Amid Memecoin Frenzy and Market Downturn

The memecoins and the fall in the crypto market combined to a 44% decline in

01
Jul

McGlone Explains What Will Happen to Bitcoin “If the Bubble Bursts”

Bloomberg’s commodity analyst Mike McGlone has assessed the potential impact of a market bubble bursting

01
Jul

Binance Faces Major Legal Setback in SEC Case

After a federal judge maintained most of the agency’s allegations against the business for possibly

01
Jul

Near Protocol (NEAR): The NEAR/USDT pair has slightly decreased by 0.08% in the last 24 hours and is now trading at $7.55.

• Resistance levels: First at $7.65, and then at $8.33.
• Support levels: First at $7.00, and below that at $6.60.

Arweave (AR): The AR/USDT pair has seen a significant decline of 4.52% in the last 24 hours and is currently priced at $43.43.

• Resistance levels: First at $43.65, and then at $46.50.
• Support levels: First at $42.20, and below that at $39.03.