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Bitcoin has fallen through a key price support that could signal an 8%-12% correction, potentially leading the price to decline towards $60,000, CryptoQuant analysts said.Traders closing their basis arbitrage trades have led to a significant decline in futures market activity and increased downside pressure for bitcoin, an analyst added.

Strategic collaborations have been at the forefront of TRON’s achievements


Ethereum ETPs have been outperforming their Bitcoin counterparts over the past week as anticipation builds ahead of potential spot Ethereum ETF launches in July.Bitwise CIO Matt Hougan outlined three reasons investors may want to add spot Ethereum ETFs to their portfolio upon launch and another to remain Bitcoin-only.


