Latest Situation in Bitcoin and Cryptocurrencies – June 5

What’s the Latest on Bitcoin and Popular Altcoins? Will the Uptrend Continue? Key Levels to Watch for Price Increases!

Bitcoin (BTC): Bitcoin (BTC) has surged from the $68,670 support level to $71,290 within hours with significant volume. Currently, it is trading at $70,900. For the uptrend to continue, BTC needs to break the resistance at $71,980. If it fails to break this resistance, the $70,500 level will serve as support.

Ethereum (ETH): Ethereum (ETH) has gained 0.92% in the last 24 hours, trading at $3,810. To sustain its upward movement, ETH must first surpass the $3,830 resistance, followed by $3,970. If it declines, it can find support at $3,730, and below that, at $3,650.

Chiliz (CHZ): Chiliz (CHZ) has seen a 1.29% increase in the past 24 hours, currently trading at $0.14522. CHZ needs to brea through the initial resistance at $0.14650 and then target $0.15340. Support levels are found at $0.14040, and below that, at $0.13202.

Table of Contents

Toggle

Bitcoin ETFs Face $13.62M Daily Net Outflows After Consecutive Inflows

After five straight days of inflows, the 11 U.S. spot bitcoin exchange-traded funds (ETFs) saw

03
Jul

Genesis Digital Eyes U.S. IPO Amid Market Surge

Bloomberg reports that Genesis Digital Assets, a bitcoin mining company, is considering choices for a

READ:  Coinbase CFO Believes Ethereum (ETH) Likely Won't Be Classified as a Security

03
Jul

Chainlink Partners with Fidelity, Sygnum on NAV Project

Today, Decentralized Computing Platform Chainlink revealed a partnership on a project aiming to deliver net

03
Jul

Astar Network to Burn 5% of Supply, Boosting Token Value and Staker Rewards

In a surprising move, the Astar Network community has voted to burn a significant portion

03
Jul

Blast Unveils Phase 2 Rewards: 10B Tokens Allocated

Details of the phase 2 rewards for users have been revealed by Blast, an Ethereum

03
Jul

Latest on Bitcoin and Cryptocurrencies – July 3

What is the current status of Bitcoin and popular altcoins? Will the upward trend continue?

03
Jul

Toncoin (TON): Toncoin (TON) has experienced a significant surge of 12.86% over the past 24 hours and is now trading at $7.53. TON must overcome the initial resistance at $7.87, with a further target of $9.05. On the downside, support levels are at $7.24 and $6.95.

Mina Protocol (MINA): Mina Protocol (MINA) has dropped by 1.77% in the last 24 hours, currently trading at $0.854. To reverse the downtrend, MINA needs to break through the $0.861 resistance, followed by $0.881. If it continues to fall, support levels are at $0.844 and $0.831.

Stay tuned for the latest updates and analysis on Bitcoin, Ethereum, and other popular altcoins!