📌 Daily Summary
● LIVE TRACKINGBitcoin experienced its worst monthly performance in four years, prompting analysts to warn that the bearish trend may persist further. This comes alongside Citigroup's downward revision of its 12-month price forecasts for both Bitcoin and Ethereum, citing unfavorable market conditions. In contrast, British banking giant Standard Chartered issued a bullish prediction for a promising altcoin, resulting in a noticeable price jump. A notorious figure in the cryptocurrency sphere has warned that investors are making widespread mistakes regarding Bitcoin and altcoins, specifically mentioning two altcoins as noteworthy examples. Meanwhile, historical data indicates that July often favors Bitcoin, although analysts remain skeptical about the upcoming months.
14:05
A well-known figure argued that Bitcoin is not technology but a better currency, and described all altcoins as scams.
13:02
Standard Chartered predicts that the price of MORPHO, the token of its DeFi lending protocol Morpho, could reach $60 by the end of 2030.
12:08
Does Bitcoin (BTC) like July? How has it performed in previous Julys? Here's the historical data...
11:05
According to the analyst, the Marubozu pattern in Bitcoin is generally seen as a signal that a strong downtrend will continue.
10:05
US-based investment bank Citigroup (Citi) has significantly revised its 12-month price forecasts for Bitcoin and Ethereum downwards.
