🔊Weekly Market Highlights #53: June 26 - July 2 ✨The crypto market ended June 2023 with unpredictable fluctuations, from the SEC's legal action to suppress crypto, MicroStrategy continuing to buy Bitcoin, to a series of Bitcoin ETF proposals by large institutions from Wall Street to revive BTC. ✨Over the past week, the crypto market increased by ~$31B (from ~$1,178B to ~$1,209B) of its total capitalization. ✨BTC Above $30K ✅BTC went on a tear last week when it jumped from $26,5K to over $31K to register a new multi-month high. The bears tried to intervene but only managed to halt BTC's price surge, and the asset remained stuck in a range between $30K and $31K ✅That all changed on Friday following reports that the SEC could reject the most recent Bitcoin Spot ETF applications filed by BlackRock, Fidelity, and others as they supposedly lacked critical information. ✅BTC reacted with an immediate nosedive that took it from over $31K to a 10-day low of $29,5K. However, the bulls stepped up and pushed the cryptocurrency north shortly after, recovering to $30,5K from Saturday to now. ✨Altcoins started chasing ✅The altcoins also experienced impressive price increases over the past few weeks, with some standing out, the BCH, which exploded by over 100% weekly at one point and registered a 14-month high above $320 earlier this week. ✅BSCS is trading at $0,009525, +10,65% from its 7-day low of $0,008608. ✅The case with LTC was similar yesterday, with a new 14-month peak at over $110. However, the landscape is less volatile now, with DOGE, ETH, TRX, DOT, and SHIB charting minor losses. ✅In contrast, XRP is up by almost 3% but still stands under $0.5, and SOL jumped by roughly 5% to over $19. ✨Bitcoin Fear and Greed Index is 62 - Greed, higher than at the beginning of the week (55) ✨ Dominance: ✅BTC: 49.4% ✅ETH: 19.4% 📣Stay tuned! The market's highlights will be updated by BSCStation 😎 ⭐️ BSCStation Official Media Channels: Website | Telegram | Substack | Twitter | Discussion | Youtube