Upsides of Social Media MarketingNew Web Hosting Pioneer Emerges, Offering Affordable Hosting Solutions Coupled with…Crypto market capitalisation rose 0.8% over the past 24 hours to 2.2 trillion, but growth exceeded 2% for most of the period. However, it dipped at the start of active European trading, temporarily returning to levels of a day ago.
Bitcoin reversed on Monday on its approach to the $63.0K level, just below the pivot area on Friday, continuing a series of lower local highs. This time, it was at a significant distance from the 50-day moving average. Trading volumes fell to $8bn last week, down from an average of $17bn in April. Low engagement by US regulators with issuers’ applications for spot Ethereum-ETFs has increased speculation that ETF approval is not imminent, reflected in outflows from Ethereum, CoinShares noted.
Bitcoin’s bull cycle is just beginning, and BTC will be worth at least $117,000 in August 2025, Pantera Capital expects.