June 13 Market Report: BTC Experiences Intraday Volatility and Decline, Altcoins Lack Market Catalysts
Market Report for June 13: The total cryptocurrency market capitalization stands at $3.24 trillion, down 4.24% from the previous day. BTC experienced intraday volatility and declined, currently priced at $103,942.39, marking a 3.68% drop over the past 24 hours. BTC spot ETFs saw a total net inflow of $79 million yesterday, maintaining four consecutive days of net inflows. ETH plunged sharply during the day, with the current price at $2,501.30, down 9.77% in 24 hours. Ethereum spot ETFs recorded a total net inflow of $112 million yesterday, marking 19 consecutive days of net inflows. Altcoins showed mixed performance, with the market lacking a unified narrative. The Fear and Greed Index is currently at 54, down from yesterday and in the neutral range. The overall long-short ratio is 0.9, indicating bearish sentiment is dominant. Investors are advised to closely monitor subsequent capital flows and sentiment changes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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