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<ul class="news-points"> 
 <li>Bitcoin drops to $61,000 amid imminent US government sale.</li> 
 <li>ONDO Finance shows bullish signs despite an 18% price drop.</li> 
 <li>Sui partners with Copper for enhanced custody infrastructure.</li> 
</ul> 
Crypto market reporter Cody Buffinton <a href="https://www.youtube.com/watch?v=Ooqzd2jizVk" target="_blank" rel="nofollow">provided updates</a> on recent developments, including Bitcoin, ONDO, and Near protocol’s market outlook. On Wednesday, Bitcoin’s price dropped to $61,000 amid news of an imminent sale by the US government. 
Arkham Intelligence data revealed a US government-linked address transferred 3,940 BTC, worth $240 million, maintaining a wallet balance of 23,500 BTC ($1.3 billion). Recently, Germany also sold 900 BTC from its total transfer of 6,500 BTC. Market commentators, such as Reflexivity Research’s Will Clemente, suggest that Bitcoin’s recent large-scale outflows could be attributed to anticipated government actions. 
Meanwhile, altcoins like ONDO Finance, Blast, and Near Protocol are generating positive attention. Although ONDO experienced an 18% price drop after reaching $148 on June 3, on-chain data indicates a potential bullish trend. ONDO’s realized cap, currently at $1.15 billion, indicates a support level, while its market cap of $1.7 billio…
The post <a href="https://coinedition.com/bitcoin-takes-a-hit-but-these-3-altcoins-are-defying-the-trend/">Bitcoin Takes a Hit, but These 3 Altcoins Are Defying the Trend</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin Takes a Hit, but These 3 Altcoins Are Defying the Trend

Coin Edition

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