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In the past 24 hours, Bitcoin fell below the $65,000 support level in the short term, and several mainstream altcoins fell by more than 10%. At the same time, the SEC ended its investigation into ETH 2.0, leading to a rebound in all ETH ecosystem currencies.

In the past 24 hours, the overall crypto market has fallen, altcoins have fallen sharply, BTC contract rates have turned negative, market liquidity has been extremely poor, and the wealth effect has been poor.

The market fell slightly, altcoins performed poorly, and ETH ecosystem blue-chip tokens rose against the trend in the past week. ZKsync and LayerZero's airdrops were the hottest social media topics this weekend. ZKsync will be available for trading today, and LayerZero announced the airdrop rules and released a picture with the words "6.20" to hint at the upcoming TGE.

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Two important data were released in the market yesterday. The Federal Reserve FOMC meeting released the dot plot, which showed a reduction in the expectation of interest rate cuts this year, and the crypto market experienced large fluctuations.

The overall market is waiting for the US FOMC meeting and CPI inflation data tonight, and the market is generally cautious.

The market is paying attention to the FOMC meeting and CPI data on the 12th. The market's short-term risk aversion sentiment has intensified. The BTC price surged and then fell back to the current level of around US$68,000. The overall wealth-creating effect of the market is average.

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The US PMI data weakened, and the US economy may enter an early recession. The US dollar index fell, and BTC briefly broke through $70,000. The overall wealth-creating effect of the market is good.

Bitcoin's trend was relatively flat over the weekend, with prices basically remaining in the range of US$67,000-69,000. MEME coins on the TON public chain collectively rose by more than 50%.

The holding statistics time of BWB Launchpad is from 11:00 on June 1 to 11:00 on June 4.

This article will introduce Bitget Wallet products, ecology and BWB token economics, and briefly discuss its market competitiveness and future development potential.

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Influenced by Mt.Gox's successive actions, the market experienced a small correction, with BTC briefly falling below $68,000 in the early morning. Individual sectors had a certain wealth-creating effect.