Looking back at May, the crypto market was overall in a stage of bottoming and rising. Bitcoin was fluctuating at a high level, and although there was continuous inflow of ETF funds, it also faced selling pressure, with price fluctuations being intense, repeatedly testing around 100,000 USD. Other sub-mainstream cryptocurrencies, like SOL and Ripple, mostly followed Bitcoin's trend and showed unstable performance. The crypto market in June may emerge with a new pattern. If there are no significant changes in the macroeconomic situation, Bitcoin may reach new highs; however, if there is major positive news, such as more countries clarifying and adopting friendly regulatory policies for cryptocurrencies, or if new large institutional investors enter the market, the price of Bitcoin will embark on a new round of increases. For other cryptocurrencies, their trends are likely still closely related to Bitcoin. However, some projects with unique technological innovations and real-world applications may develop independent market movements.
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#BTC行情分析 June crypto world market trend outlook
Looking back at May, the crypto market was overall in a stage of bottoming and rising. Bitcoin was fluctuating at a high level, and although there was continuous inflow of ETF funds, it also faced selling pressure, with price fluctuations being intense, repeatedly testing around 100,000 USD. Other sub-mainstream cryptocurrencies, like SOL and Ripple, mostly followed Bitcoin's trend and showed unstable performance.
The crypto market in June may emerge with a new pattern.
If there are no significant changes in the macroeconomic situation, Bitcoin may reach new highs; however, if there is major positive news, such as more countries clarifying and adopting friendly regulatory policies for cryptocurrencies, or if new large institutional investors enter the market, the price of Bitcoin will embark on a new round of increases.
For other cryptocurrencies, their trends are likely still closely related to Bitcoin. However, some projects with unique technological innovations and real-world applications may develop independent market movements.