CryptoSpecto

recent report from venture capital firm Breed highlights the potential challenges facing Bitcoin (BTC) treasury companies. The report suggests that only a few of these companies will withstand the "death spiral" that threatens those trading close to their net asset value (NAV), which is calculated as a business entity's total assets minus its liabilities. The report emphasizes that the sustainability of Bitcoin treasury companies depends on their ability to maintain a multiple of their net asset value (MNAV). #GatePostAmbassadorTask#
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cryptocurrency market experienced liquidations totaling $172 million over the past 24 hours. Of this amount, short positions accounted for $132 million, while long positions saw liquidations of $40.167 million. #GatePostAmbassadorTask#
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Bitcoin spot ETFs experienced a total net inflow of $501 million on June 27, Eastern Time.
The Fidelity ETF FBTC led the inflows with a single-day net inflow of $166 million, bringing its historical total net inflow to $11.961 billion. Following closely, the Blackrock ETF IBIT recorded a net inflow of $153 million, with its historical total net inflow reaching $52.309 billion.
As of the time of reporting, the total net asset value of Bitcoin spot ETFs stands at $133.17 billion, with an ETF net asset ratio of 6.25% relative to Bitcoin's total market capitalisation. The cumulative historical net

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#Welcome Kevin Lee To Gate Square# Cryptocurrency Market Sees Mixed Performance with Notable Gains and Losses

the cryptocurrency market experienced varied movements on June 28, with several tokens showing significant gains and others facing declines. Leading the day's gains, token W is currently priced at $0.0683, marking a 7.82% increase. XRP follows with a price of $2.175, up by 3.69%. ZRO is reported at $1.75, showing a 1.63% rise, while CFX is at $0.0718, increasing by 1.60%. NEAR also saw a positive movement, priced at $2.12 with a 1.48% gain.# #Kevin Lee Joins Gate Square# #GatePostAmbassadorTask# and
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CryptoQuant analyst Oro Crypto reported that on June 25, Ethereum recorded 1,750,940 confirmed transactions. This marks the third-highest single-day transaction volume in the network's history.# #Kevin Lee Joins Gate Square# #GatePostAmbassadorTask# #Welcome Kevin Lee To Gate Square#

Bitcoin long-term holders have increased their holdings by 800,000 BTC over the past 30 days, marking the highest monthly increase on record. This significant accumulation has only occurred six times before, including in July 2021 and September 2024, both of which were followed by substantial price surges. The cost basis for long-term holders is concentrated between $95,000 and $107,000, while short-term holders have an average cost of $93,000.

The Wall Street Journal reports that Bhutan's Bitcoin reserves are currently valued at approximately $1.3 billion, making up nearly 40% of the country's GDP. Bhutan intends to hold these reserves for the long term. While the government does not plan to construct new mining facilities, it aims to upgrade existing ones. Bhutan began utilizing hydropower for Bitcoin mining in 2020 and now ranks third in government-held Bitcoin reserves.

Bitcoin(BTC) Drops Below 107,000 USDT with a 0.90% Decrease in 24 Hours

Bitcoin(BTC) Surpasses 108,000 USDT with a 1.45% Increase in 24 Hours

Bitcoin(BTC) Surpasses 106,000 USDT with a 5.23% Increase in 24 Hours

Bitcoin(BTC) Surpasses 102,000 USDT with a Narrowed 0.81% Decrease in 24 Hours

Altcoin Season Index is currently at 15, a decrease from its peak of 30 on June 11. This index reveals that over the past 90 days, 15 out of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin.
The CMC Altcoin Season Index is a real-time metric used to assess whether the cryptocurrency market is currently in a phase dominated by altcoins. It is based on the performance of the top 100 altcoins relative to Bitcoin over the last 90 days.

Bitcoin(BTC) Drops Below 103,000 USDT with a 0.30% Decrease in 24 Hours

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Crypto Market Trends Resemble 2017, Suggests Extended Cycle
the current cryptocurrency market is exhibiting patterns reminiscent of 2017, a year when Bitcoin experienced a steady rise before a dramatic surge in December. Raoul Pal, CEO of the crypto research platform Real Vision, highlighted these similarities in a recent video. Pal anticipates a prolonged crypto cycle this time, citing his macroeconomic model, the business cycle score, which remains below 50, indicating a gradual climb.
Bitcoin's performance in 2017 saw it start the year at approximately $1,044, reaching $2,187 by the end of

Ethereum has dropped below 2,400 USDT and is now trading at 2,399.419922 USDT, with a narrowed 4.00% decrease in 24 hours.

Bitcoin's volatility has decreased to 1.62%, marking a week of slight fluctuations.
Bitcoin's high volatility is often linked to speculative trading and retail investor FOMO (fear of missing out). A decline in volatility may indicate a reduction in short-term speculative activity, suggesting the market is entering a consolidation or "cooling-off" period.
Additionally, Bitcoin price fluctuations are frequently associated with macroeconomic events such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors stabilize, Bitcoin's volatility tends to d

TRX Surpasses DOGE in Cryptocurrency Market Capitalization
TRX has overtaken DOGE in terms of market capitalization. TRX's market value is approximately $26.05 billion, while DOGE's stands at around $25.46 billion. This shift places TRX in the eighth position in the cryptocurrency rankings.

Bitcoin(BTC) Drops Below 104,000 USDT with a 0.52% Decrease in 24 Hours