Major cryptocurrencies experienced a slight tumble after a week of increased interest from traditional financial institutions. A new Bitcoin futures ETF called “2x Bitcoin Strategy ETF” is set to begin trading on the CBOE BZX Exchange, but it will not directly invest in Bitcoin. Despite a lack of movement in US stock futures, investors eagerly await to see if the market rally can continue in the final week of June. An analyst predicts a likely capitulation event with significant drops in Bitcoin and Ethereum targets.
AI Sentiment: Negative