+

Prominent crypto analyst Capo remains bullish on Bitcoin (CRYPTO: BTC), arguing that current market conditions resemble an accumulation phase rather than the start of a deeper collapse. "This Is Not Time To Sell, But To Buy" In a June 11 market update, Capo acknowledged that his bullish thesis has not played out yet but maintained that his broader outlook remains unchanged.

+

Following a 31% price crunch last week, Cardano's native ADA token shows early rebound signs.

-

The market sentiment was dampened just as the important $60,000 support level was being tested. Just one month ago, the projected daily return for 1 terahash per second of hashing power was $0.039.

 

CryptoQuant warned that the realized price of Bitcoin, which is approximately $53,600, should not be seen as a verified cycle low. At the time of writing, BTC is trading at $63,106, up 3.24% in the last 24 hours as per data from CMC.