BTC crashed to a new three-month low of under $58k before a mini recovery back to just under $60k. While the local low of BTC stands at $56.7k, anything lower would take us to a five-month low in BTC prices. If not recovered again, $60k may now become a resistance.
Separately, asset management firm Bitwise has amended its S-1 registration with the US SEC expected to give the final approval for Ether ETFs as early as July. However, this news could not stop ETH from sliding by more than 3% yesterday.
