June 13 Market Report: BTC Experiences Intraday Volatility and Decline, Altcoins Lack Market Catalysts
Market Report for June 13: The total cryptocurrency market capitalization stands at $3.24 trillion, down 4.24% from the previous day. BTC experienced intraday volatility and declined, currently priced at $103,942.39, marking a 3.68% drop over the past 24 hours. BTC spot ETFs saw a total net inflow of $79 million yesterday, maintaining four consecutive days of net inflows. ETH plunged sharply during the day, with the current price at $2,501.30, down 9.77% in 24 hours. Ethereum spot ETFs recorded a total net inflow of $112 million yesterday, marking 19 consecutive days of net inflows. Altcoins showed mixed performance, with the market lacking a unified narrative. The Fear and Greed Index is currently at 54, down from yesterday and in the neutral range. The overall long-short ratio is 0.9, indicating bearish sentiment is dominant. Investors are advised to closely monitor subsequent capital flows and sentiment changes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitwise BSOL Solana ETF increased its holdings by 93,167 SOL in the past hour
CoinMarketCap launches MACD dashboard, supporting comparison of momentum indicators for multiple cryptocurrencies
Data: Suspected BitMine address increases holdings by 20,532 ETH
