Crypto Price Analysis 6-2: BITCOIN: BTC, ETHEREUM: ETH, Solana: SOL, DOGECOIN: DOGE, ALGORAND: ALGO, BITTENSOR: TAO
The post Crypto Price Analysis 6-2: BITCOIN: BTC, ETHEREUM: ETH, Solana: SOL, DOGECOIN: DOGE, ALGORAND: ALGO, BITTENSOR: TAO appeared on BitcoinEthereumNews.com. The crypto market cap has started the week with a marginal increase despite most cryptocurrencies trading in the red. Bitcoin (BTC) slumped to a low of $103,892 over the weekend before recovering to cross $105,000 early in today’s session. However, it could not stay at this level and fell to its current level, with the price only marginally up in the past 24 hours. Meanwhile, Ethereum (ETH) continued its downward trajectory and has dipped below $2,500. The price is down over 1%, trading around $2,496. Ripple (XRP) is marginally up, trading around $2.17, while Solana (SOL) is marginally down, trading around $155. Dogecoin (DOGE), Cardano (ADA), Chainlink (LINK), and Litecoin (LTC) are marginally up, while Stellar (XLM), Hedera (HBAR), and Polkadot (DOT) have registered notable declines. South Korean Crypto Industry Wins Irrespective Of Election Results South Korea’s crypto industry will have an advantage irrespective of the country’s presidential election results, as both candidates have campaigned on a pro-crypto platform and have pledged to ease regulations and crypto access. South Korea goes to polls on June 3 in a snap election to replace Yoon Suk-yeol, who was impeached and removed from office after attempting to declare martial law in December 2024. Lee Jae-myung from the center-left Democratic Party is leading the polls. Lee has proposed legalizing spot crypto ETFs and wants South Korea’s $884 billion national pension fund to invest in cryptocurrency. He has also advocated for stablecoins backed by the South Korean won to modernize the South Korean financial system. “We need to establish a won-backed stablecoin market to prevent national wealth from leaking overseas. I will create a safe investment environment so people can build assets and plan for the future.” Lee Jae-myung is up against conservative and People Power Party nominee Kim Moon-soo. Kim also supports legalizing spot…
The post Crypto Price Analysis 6-2: BITCOIN: BTC, ETHEREUM: ETH, Solana: SOL, DOGECOIN: DOGE, ALGORAND: ALGO, BITTENSOR: TAO appeared on BitcoinEthereumNews.com.
The crypto market cap has started the week with a marginal increase despite most cryptocurrencies trading in the red. Bitcoin (BTC) slumped to a low of $103,892 over the weekend before recovering to cross $105,000 early in today’s session. However, it could not stay at this level and fell to its current level, with the price only marginally up in the past 24 hours. Meanwhile, Ethereum (ETH) continued its downward trajectory and has dipped below $2,500. The price is down over 1%, trading around $2,496. Ripple (XRP) is marginally up, trading around $2.17, while Solana (SOL) is marginally down, trading around $155. Dogecoin (DOGE), Cardano (ADA), Chainlink (LINK), and Litecoin (LTC) are marginally up, while Stellar (XLM), Hedera (HBAR), and Polkadot (DOT) have registered notable declines. South Korean Crypto Industry Wins Irrespective Of Election Results South Korea’s crypto industry will have an advantage irrespective of the country’s presidential election results, as both candidates have campaigned on a pro-crypto platform and have pledged to ease regulations and crypto access. South Korea goes to polls on June 3 in a snap election to replace Yoon Suk-yeol, who was impeached and removed from office after attempting to declare martial law in December 2024. Lee Jae-myung from the center-left Democratic Party is leading the polls. Lee has proposed legalizing spot crypto ETFs and wants South Korea’s $884 billion national pension fund to invest in cryptocurrency. He has also advocated for stablecoins backed by the South Korean won to modernize the South Korean financial system. “We need to establish a won-backed stablecoin market to prevent national wealth from leaking overseas. I will create a safe investment environment so people can build assets and plan for the future.” Lee Jae-myung is up against conservative and People Power Party nominee Kim Moon-soo. Kim also supports legalizing spot…
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