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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-surges-toward-71000" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Surges Toward $71,000</a><br></p>
<p style="text-align: justify">Cryptocurrency prices witnessed considerable volatility today, with Bitcoin (BTC) spearheading the gains. BTC experienced a significant upward momentum, edging close to the $71,000 mark. This positive trend was mirrored by other major altcoins such as Ethereum (ETH), Solana (SOL), and XRP. Among the top performers, Toncoin (TON) stood out with substantial gains.</p>
<h2 id="why-did-floki-see-a-rise">Why Did FLOKI See a Rise?</h2>
<p style="text-align: justify">The <a href="https://en.bitcoinhaber.net/crypto-market-predictions-a-glimpse-into-the-future-of-bitcoin-doge-shiba-bonk-and-pepe-coins" data-wpel-link="internal" rel="noopener noreferrer nofollow">meme token</a> sector also saw a remarkable recovery, with Floki Inu (FLOKI) emerging as one of the top gainers. Despite some fluctuations, the overall cryptocurrency market value displayed resilience, increasing by 1.63% to reach $2.61 trillion. However, the total trading volume in the crypto market decreased by 2.26%, amounting to $82.13 billion.</p>
<p style="text-align: justify">Bitcoin’s price saw a notable increase of 2.27% in the last 24 hours, currently sitting at $70,822.92. The leading cryptocurrency’s daily low and high were recorded at $68,564.64 and $71,247.57, respectively. This surge is attributed to an inflow of over $600 million into Bitcoin ETFs as reported on June 4th. Despite the recent approval of a BTC ETF in Thailand, Bitcoin has yet to maintain a position above $71,000, causing some investor speculation.</p>
<h2 id="what-is-the-current-status-of-major-cryptos">What is the Current Status of Major Cryptos?</h2>
<p style="text-align: justify">Ethereum (ETH), the second-largest cryptocurrency by market value, saw a rise of 0.89% in the last 24 hours, reaching $3,808.51. Its 24-hour low and high were $3,743.29 and $3,839.72, respectively. Ethereum’s market capitalization stands at $457.45 billion. Solana (SOL) also registered an increase of 4.52%, with its price settling at $173.46.</p>
<p style="text-align: justify">The 24-hour low and high for SOL were $164.52 and $174.78, respectively. XRP gained 1.07% yesterday, with its price currently at $0.5263. The token’s 24-hour low and high were $0.5185 and $0.53, respectively, with $0.53 acting as a significant resistance level.</p>
<h2 id="key-insights-for-investors">Key Insights for Investors</h2>
<p style="text-align: justify">– Bitcoin remains a strong performer, nearing the $71,000 mark.<br> – Ethereum continues to grow, maintaining its status as the leading smart contract platform.<br> – Solana exhibits strong upward momentum, showing a 4.52% increase.<br> – Ripple’s XRP faces significant resistance at $0.53.<br> – Floki Inu leads the meme token recovery with notable gains.</p>
<p style="text-align: justify">The recent trends underscore the volatile nature of the cryptocurrency market, highlighting opportunities and risks for <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a>. While Bitcoin and other major cryptocurrencies are showing strong performance, investors should remain cautious and monitor market developments closely.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/bitcoin-surges-toward-71000" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Surges Toward $71,000</a></h5>

Bitcoin Surges Toward $71,000

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