Greed

Bitcoin

ORDI

Change

Grayscale Bitcoin Trust

<ul>
 <li>Bitcoin hits $71,000 amidst a US labor market cooldown and rising crypto market optimism. </li>
 <li>Fidelity's Bitcoin fund tops with $378.7 million net inflows, marking the second-highest day for U.S. spot Bitcoin ETFs. </li>
</ul>
<h3 id="span-span-data-font-font-size-style-font-size-18px-major-events-to-watch-span-span">Major Events To Watch</h3>
<h3 id="span-span-class-f-img-wrap-img-src-https-lh7-us-googleusercontent-com-docsz-ad_4nxeyqv5yjekpicskbqqskzpoexfflhod24umzferyzlgpagpevgewccry6jyl7ukvdxmyj1by4wcro5og6y3x7g0vbvnuymlopv5dd-o1hpl1skcmzplizimd7sk9fcugrxr1keysxlzdk28klclgdv-rqim-key-wyxavdvxkfwbrpky1wvqjq-width-413-height-418-style-margin-0px-alt-forex-factory-title-forex-factory-span-span"><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeYqV5YJEKpIcsKbQqSKzPoExFFLHOd24UmZfEryZLgPAGpEVgewCCRy6Jyl7ukVdXMyJ1by4wCRo5oG6y3x7G0vbvNUYMlOPv5dd-o1hpL1skcMzpLIziMd7Sk9FcUGRXR1keysXlzdK28kLClgDv-RQiM?key=WyXAvdVXKFWbRPkY1wvqJQ" width="413" height="418" style="margin: 0px;" alt="forex factory" title="forex factory"> </h3>
<h4>Crypto Fear and Greed Index:</h4>
<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfDcMiSsL8NNts7jsz7Silk076Z4cakIDuz_2TpaGf2q45WTHc-zseBEuPYiOJgeAVbANlPOGss8NcztvtN8XDoA330-oznqQIF4mjMtwCyfZ86NFyZVTSK5TU2AaCuIurs7tBbrzm0_dFnmbxxK15Udwo8?key=WyXAvdVXKFWbRPkY1wvqJQ" width="545" height="224" style="margin: 0px;" alt="fear and greed index" title="fear and greed index"> 
The Crypto Fear and Greed Indicator shows a current market sentiment of 75 (Greed), up from 73 yesterday and last week.
<h4>Crypto market sees notable surge in the last 24 hours</h4>
TOP 5 Gainers Coins
<table class="table border text-center table-bordered data-table">
 <thead>
 <tr>
 <th class="border-0">Indices</th>
 <th class="border-0">LTP</th>
 <th class="border-0">Change (%)</th>
 </tr>
 </thead>
 <tbody>
 <tr>
 <td>Floki</td>
 <td class="text-black">$0.0003273</td>
 <td class="text-success">23.47%</td>
 </tr>
 <tr>
 <td>Uniswap</td>
 <td class="text-black">$11.14</td>
 <td class="text-success">17.35%</td>
 </tr>
 <tr>
 <td>ORDI</td>
 <td class="text-black">$54.66</td>
 <td class="text-success">15.66%</td>
 </tr>
 <tr>
 <td>Stacks</td>
 <td class="text-black">$2.22</td>
 <td class="text-success">12.46%</td>
 </tr>
 <tr>
 <td>Toncoin</td>
 <td class="text-black">$7.51</td>
 <td class="text-success">11.44%</td>
 </tr>
 </tbody>
</table>
<h4>Latest Market Update:&nbsp;</h4>
<ul>
 <li>#Bitcoin reaches $70,000 amid a cooling US job market and bullish sentiment in futures, boosting cryptocurrency market optimism. </li>
 <li>Altcoins like #Uniswap ($UNI), #Ordi ($ORDI), #Toncoin ($TON), #<a href="https://www.coingabbar.com/en/price-prediction/shiba-inu-prediction-is-another-epic-rally-on-the-horizon" title="Shiba Inu" class="f-link" rel="noopener noreferrer nofollow">Shiba Inu</a> ($SHIB), and #BNB ($BNB) all register gains. </li>
 <li>#<a href="https://www.coingabbar.com/en/price-prediction/floki-inu-price-prediction-will-rally-continue-to-dollar000050" title="Floki" class="f-link" rel="noopener noreferrer nofollow">Floki</a> ($FLOKI) token records the largest gain, surging over 23.34% in 24 hours. </li>
 <li>Conversely, #Wormhole ($W) experiences the most significant loss, dropping by over 6.55% in the same period. </li>
 <li>Total crypto market volume in the last 24 hours: $88.91B, marking an 8.43% increase. </li>
 <li>DeFi volume stands at $6.68B, accounting for 7.51% of the total crypto market's 24-hour volume. </li>
 <li>Stablecoin volume reaches $83.34B, comprising 93.73% of the total crypto market's 24-hour volume. </li>
 <li>Bitcoin's dominance currently sits at 53.26%, up by 0.10% from the previous day.</li>
</ul>
<h4>Major Worldwide News Update: <strike></strike> <strike> </strike></h4>
<ul>
 <li>The latest JOLTS report shows declining job openings, hitting a three-year low at 8.06 million in April, below expectations. The U.S. job-to-worker ratio fell to 1.2, its lowest since June 2021. Despite stable quits rates and layoffs dropping to 1.52 million, analysts suggest slowing hiring. The Fed may consider rate cuts if demand moderates, pending further inflation signals. </li>
 <li>DMM Bitcoin plans to raise ¥50 billion ($320 million) to compensate customers affected by its recent hacking incident, aiming to buy back 4,503 BTC. Japan's FSA mandates a detailed breach report, while the government pledges measures to prevent future breaches. Mt. Gox trustee continues repayment efforts. </li>
 <li>US spot Bitcoin ETFs record second-best net inflow day at $886.6 million, led by Fidelity Wise Origin Bitcoin Fund ($378.7M). ARK 21Shares Bitcoin ETF and iShares Bitcoin Trust follow. Grayscale Bitcoin Trust sees rare inflow at $28.2 million. Bitcoin ETFs defy critics as Bitcoin hits $71,000. </li>
 <li>All eyes await SEC's Ethereum ETF decision. K33 Research predicts Ethereum supply shock, potential $4 billion inflows. CME's ETH futures grab 35% share of BTC's, indicating strong institutional demand. If approved, Ethereum may outperform Bitcoin, as seen post-BTC ETF approval. K33 sees staking removal not affecting ETF inflows. </li>
 <li>BlackRock's iShares Bitcoin Trust breaks US ETF record, surpassing $20 billion. Fastest to hit milestone, achieving it in 144 days. Bitcoin's diverse utility and inflation hedge contribute to its growing popularity. Market analysts predict Bitcoin ETFs may outpace Gold ETFs in the long term. </li>
 <li>FTX, the bankrupt crypto exchange, tentatively settled a $24 billion tax dispute with the IRS, proposing $200 million upfront and $685 million later. While disputing tax calculations, FTX aims to reduce litigation risks. They also proposed a reorganization plan to compensate creditors fully, awaiting court approval.</li>
</ul>
COIN GABBAR Views: Will Bitcoin reach $100k and form a new all-time high post-breakout? What's BTC's next move? Will buyers prevail? Does US data relief suggest a September rate cut? To get latest news Stay tuned us at <a href="https://www.coingabbar.com" title="coingabbar" class="f-link" rel="noopener noreferrer nofollow">coingabbar</a>
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
Also Read: <a href="https://www.coingabbar.com/en/price-prediction/bitgert-price-prediction-is-it-a-scam-or-a-hidden-gem" title="Bitgert Price Prediction: Is It a Scam or a Hidden Gem" class="f-link" rel="noopener noreferrer nofollow">Bitgert Price Prediction: Is It a Scam or a Hidden Gem</a>

Crypto News Today: BTC Hits $71k Amid Unexpected Jobs Report

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