BTC consolidated in a very narrow range on Wednesday, with altcoins showing some strength after days of choppy trading. This comes as Bitcoin exchange reserves reach a three-year low, which means there could be a supply shock on the cards with the unprecedented demand for Bitcoin ETFs.
In altcoins, the rally was led by AI tokens FET (20%) and AGIX (20%) as the biggest merger of crypto tokens to date of FET, AGIX, and OCEAN, has been postponed to July. This comes as Nvidia became the world’s largest company by market cap.
