Bitcoin (BTC) is currently trading at ~104,759 USD, down by about 2.3% in today's session, with a range between 103,597 and 107,645 USD.
Ethereum (ETH) is at ~2,522 USD, down ~2.4%, ranging between 2,461 and 2,613 USD.
๐งญ The main influencing factors
1. Geopolitical Disorder
Renewed tensions between Israel and Iran have cast a shadow over the market, leading to a "risk-off" bout that pushed BTC towards 104.7 K and ETH towards $2,520โ2,540. Market confidence was boosted by inflows: 10 BTC ETF funds recorded a net inflow of +4,052 BTC (~$427 million ), and 9 ETH ETF funds injected +11,243 ETH (~$29 million ) on June 17, led by iShares from BlackRock.
Nevertheless, Ark ETF experienced an outflow of about 191 million dollars, which put some pressure on BTC. Confusing technical indicators.
BTC is centered within a narrow range between 103.6โ107.6 K, with resistance immediately near 107โ108 K.
ETH is oscillating between support at ~$2,510โ$2,520 and resistance at ~$2,585โ$2,600, with indicators like Bollinger suggesting a potential strong movement is imminent.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#GT #BTC #XRP #ETH #DOGE ๐จ๐ธ๐๐ง ๐ฏ๐๐ช
๐ Current price status
Bitcoin (BTC) is currently trading at ~104,759 USD, down by about 2.3% in today's session, with a range between 103,597 and 107,645 USD.
Ethereum (ETH) is at ~2,522 USD, down ~2.4%, ranging between 2,461 and 2,613 USD.
๐งญ The main influencing factors
1. Geopolitical Disorder
Renewed tensions between Israel and Iran have cast a shadow over the market, leading to a "risk-off" bout that pushed BTC towards 104.7 K and ETH towards $2,520โ2,540.
Market confidence was boosted by inflows: 10 BTC ETF funds recorded a net inflow of +4,052 BTC (~$427 million ), and 9 ETH ETF funds injected +11,243 ETH (~$29 million ) on June 17, led by iShares from BlackRock.
Nevertheless, Ark ETF experienced an outflow of about 191 million dollars, which put some pressure on BTC. Confusing technical indicators.
BTC is centered within a narrow range between 103.6โ107.6 K, with resistance immediately near 107โ108 K.
ETH is oscillating between support at ~$2,510โ$2,520 and resistance at ~$2,585โ$2,600, with indicators like Bollinger suggesting a potential strong movement is imminent.