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Bitcoin’s price slid below the $61,000 mark, despite equity indices hitting record highs.The S&P 500 reached an all-time high, increasing by 0.6% to 5,509.This comes as Federal Reserve Chair Jerome Powell stated that progress has been made on inflation.
Bitcoin’s price is falling toward $60K again but some altcoins are standing tall.
Shiba Inu’s burn rate exploded by 8,500%, but SHIB’s price remains in the red.
Exchange-traded fund experts remain hopeful that mid-July will see a spot Ethereum ETF launched, but that has not been reflected in the underlying asset’s price which has fallen back again.
Institutional Crypto Research Written by Experts
XRP is among the few leading cryptocurrencies in the green today (July 3).