An address marked as the German government has transferred 7,828 bitcoins since June 19; PolkaWorld: Polkadot should not spend money on ineffective advertising and exposure.

The past month has indeed been a heavy loss for Bitcoin investors, with the price of the currency continuing to decline from a high of nearly 72,000 at the beginning of last month. In terms of options, implied volatility is still declining, and BTC continues to break recent historical lows.

The market continued to fluctuate, with BTC fluctuating in a narrow range of US$62,500 to US$63,500. There was a certain wealth effect in the market.

In the past June, most indicators of the cryptocurrency market continued to fall.

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SPX, Nasdaq, Nikkei and gold prices led the way, with the dollar also remaining near its highest level in the past 30 years. On the crypto side, Friday ended a very disappointing quarter, with BTC down 13% in the second quarter.

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Bloomberg analysts: It is expected that the approval of the Ethereum spot ETF will be postponed until after July 8; JPMorgan Chase: If Trump is elected, it will lead to a surge in US inflation, and the market is not yet ready.

The ASI (AGIX+OCEAN+FET) token merger plan will be implemented on July 1st.

Over the past week, the prices of Bitcoin and Ethereum experienced wide fluctuations after the decline, while the volatility and trading volume of these two cryptocurrencies reached the highest level during the decline on June 24. The open interest of Bitcoin and Ethereum increased slightly. In addition, the implied volatility of Bitcoin increased slightly, while the implied volatility of Ethereum decreased slightly. The funding rate of Bitcoin remained at a low level, which may reflect the continued low leverage sentiment of market participants towards Bitcoin. The market breadth indicator shows that most cryptocurrencies continue to fall, indicating that the overall market has maintained a weak trend over the past week.

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