Crypto’s Comeback Around the Corner? Experts Believe So

Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌       [CoinMarketCap Spotlight Logo](~/AAQRxQA~/RgRoZRIiP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPXhkdnoxcG5tOXUzeVcDc3BjQgpmfSKNgmYRgnmhUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)   Is crypto ready for its comeback tour? The signs are pointing to yes. Let’s talk about the main player first: Solana. It’s been the real showstopper lately. This month, the coin enjoyed the launch of its new tech launch and sudden ETF popularity. It’s joining the big leagues as two firms filed for Solana ETFs last week. If approved, these ETFs could open the floodgates for non-crypto investors to get a piece of Solana without diving into the deep end of crypto trading. And now, let’s talk about Bitcoin. Sure, it's been playing second fiddle to Solana's solo act, but the OG crypto might have a few tricks left up its sleeve. Word on the street (aka Crypto Twitter) is that its recent price correction could be wrapping up. If true, we might be in for quite a show. So, let’s discuss these in detail and all the other big stories that happened in crypto in the past 24 hours. Here is a quick rundown of the top headlines: - Bitcoin bounces back, hitting $63K. But is it [going to dip](~/AAQRxQA~/RgRoZRIiP0SAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi12b2xhdGlsaXR5LXN1cmdlcy1hcy10cmFkZXJzLWJyYWNlLWZvci1wb3RlbnRpYWwtcHJpY2Utc3dpbmdzP2xpZD1sZGUyY2tyOHg2YXZXA3NwY0IKZn0ijYJmEYJ5oVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) to 60K again? - SEC is coming after Consensys now. How could [this impact](~/AAQRxQA~/RgRoZRIiP0SMaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvc2VjLXN1ZXMtZXRoZXJldW0tZGV2ZWxvcGVyLWNvbnNlbnN5cy1vdmVyLWFsbGVnZWQtdW5yZWdpc3RlcmVkLWJyb2tlci1hY3Rpdml0aWVzP2xpZD1nZGw1cWJ1bWp4eGdXA3NwY0IKZn0ijYJmEYJ5oVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) the crypto market in general? - Solana surges 9% while others stumble. [What's driving](~/AAQRxQA~/RgRoZRIiP0R_aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY29pbmJhc2Utc29sYW5hLW91dHBlcmZvcm1lZC1kdWUtdG8tdGVjaC1hZHZhbmNlbWVudHMtYW5kLWV0Zi1maWxpbmc_bGlkPTBkbnhzNmp4ZmhmbFcDc3BjQgpmfSKNgmYRgnmhUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Sol's sudden popularity apart from ETF? - Solana ETF race heats up. But [what are](~/AAQRxQA~/RgRoZRIiP0R7aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvMjFzaGFyZXMtZmlsZXMtZm9yLXNvbGFuYS1zcG90LWV0Zi1mb2xsb3dpbmctdmFuZWNrcy1hcHBsaWNhdGlvbj9saWQ9MjkzODN6cHdnaHgyVwNzcGNCCmZ9Io2CZhGCeaFSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) the chances of its approval? - Bitcoin's 'Runes' lose their luster. So the good days of Bitcoin mining [are over](~/AAQRxQA~/RgRoZRIiP0SGaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbnMtbmV3LXRva2VuLXN0YW5kYXJkLXJ1bmVzLWZhY2VzLXNpZ25pZmljYW50LWRlY2xpbmUtaW4tdHJhbnNhY3Rpb25zP2xpZD0yN2IwM2xxZ2pyNG9XA3NwY0IKZn0ijYJmEYJ5oVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)? Let’s dive in after the market overview! MARKET OVERVIEW GLOBAL MARKET CAP $2.31T ▲2.2% (24h) 24H MARKET VOLUME $53.03B ▲40.88% (24h) BITCOIN’S DOMINANCE 53.5% ▲0.03% (24h) FEAR & GREED INDEX 49 Neutral [Bitcoin] Bitcoin $62,808.61 ▲2.31% (24h) [Ethereum] Ethereum $3,464.94 ▲2.52% (24h) [BNB] BNB $579.12 ▲0.92% (24h) [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRoZRIiP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPXU4dDlmaTZjN25rYlcDc3BjQgpmfSKNgmYRgnmhUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRoZRIiP0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9eGkzZmlvbWN1NnZ3VwNzcGNCCmZ9Io2CZhGCeaFSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRoZRIiP0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD1idjU1Z3d5Z2Z4ajRXA3NwY0IKZn0ijYJmEYJ5oVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRoZRIiP0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPXl2azY1amlvZmJpcVcDc3BjQgpmfSKNgmYRgnmhUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Data as of: 01 Jul 2024 11:00 UTC TOP GAINERS 24H% [DOGO] [DOGO](~/AAQRxQA~/RgRoZRIiP0QqaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2RvZ28vVwNzcGNCCmZ9Io2CZhGCeaFSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲802.48% [Andrea Von Speed] [Andrea Von Speed](~/AAQRxQA~/RgRoZRIiP0Q2aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2FuZHJlYS12b24tc3BlZWQvVwNzcGNCCmZ9Io2CZhGCeaFSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲241.6% [TOAD] [TOAD](~/AAQRxQA~/RgRoZRIiP0QwaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3RvYWQtdG9rZW4vVwNzcGNCCmZ9Io2CZhGCeaFSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲231.64% TOP LOSERS 24H% [PEPE] [PEPE](~/AAQRxQA~/RgRoZRIiP0Q0aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3BlcGUtdHJ1bXAtc2JzL1cDc3BjQgpmfSKNgmYRgnmhUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼99.43% [BEG] [BEG](~/AAQRxQA~/RgRoZRIiP0QpaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2JlZy9XA3NwY0IKZn0ijYJmEYJ5oVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▼88.34% [Smidge] [Smidge](~/AAQRxQA~/RgRoZRIiP0QyaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3NtaWRnZS10b2tlbi9XA3NwY0IKZn0ijYJmEYJ5oVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▼87.32%   Bitcoin Price Correction Might Be Ending Soon Bitcoin's back keeping traders on their toes as we approach some big candle closes. We're talking weekly, monthly, and quarterly all at once - it's like the FIFA World Cup, UEFA Champions League, and Copa America of crypto charts rolled into one. BTC hit a high of $63,712 in the last 24 hours, bouncing back from its recent slump below $60,000. Now, here's where it gets interesting: CoinGlass has spotted a key level at $60,583. If Bitcoin decides to take a nosedive, that's where the buyers are waiting with open arms (and wallets). But is it going to dip to that level again? And what about the peak? Do we have any predictions related to that? [Read the full story](~/AAQRxQA~/RgRoZRIiP0SAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi12b2xhdGlsaXR5LXN1cmdlcy1hcy10cmFkZXJzLWJyYWNlLWZvci1wb3RlbnRpYWwtcHJpY2Utc3dpbmdzP2xpZD1vb2N1bGV5N2ViaXZXA3NwY0IKZn0ijYJmEYJ5oVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   SEC vs Consensys - Should We Be Worried? The SEC is at it again, this time aiming Consensys. The regulator's latest move? A lawsuit claiming Consensys has been playing fast and loose with securities laws since last January. They say Consensys has been offering unregistered securities through its staking programs and acting as an unregistered broker via MetaMask Staking. But Consensys saw this coming. They actually sued the SEC first back in April, claiming the agency had been secretly eyeing Ethereum as a security for over a year. How can this impact the crypto market in general? [Read the full story](~/AAQRxQA~/RgRoZRIiP0SMaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvc2VjLXN1ZXMtZXRoZXJldW0tZGV2ZWxvcGVyLWNvbnNlbnN5cy1vdmVyLWFsbGVnZWQtdW5yZWdpc3RlcmVkLWJyb2tlci1hY3Rpdml0aWVzP2xpZD1nMnl6anBodG10N2hXA3NwY0IKZn0ijYJmEYJ5oVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   [CMC Live: Weekly Crypto Forecast](~/AAQRxQA~/RgRoZRIiP0REaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jb21tdW5pdHkvcG9zdC8zMzczNjI2NTIvP2xpZD1ubGtjbzN1N3d5YnhXA3NwY0IKZn0ijYJmEYJ5oVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) Monday, 1 Jul on 3PM UTC CMC-Community Live: Weekly Crypto Forecast Join CMC's Research Lead, Alice, as she shares crucial insights for the upcoming week ahead. [Join Us Soon](~/AAQRxQA~/RgRoZRIiP0REaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jb21tdW5pdHkvcG9zdC8zMzczNjI2NTIvP2xpZD1yOXZ1ZzJpcnY0aGVXA3NwY0IKZn0ijYJmEYJ5oVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   Last Week Was All About Solana Solana's been on a roll lately with a 9% jump over the past week. Meanwhile, the crypto heavyweights have been suffering losses (mainly). So what's got SOL so fired up? Coinbase analysts David Duong and David Han have been doing some digging, and they've spotted a few key factors driving Solana's surge. First, we've got some fancy new tech. ZK Compression is the new buzzword, promising to slash costs on Solana, especially for big token distributions. But that's not all. Solana's also rolled out "blinks." These are Blockchain Links that let developers bake Solana actions right into any website. What else is pumping Solana’s price high? [Read the full story](~/AAQRxQA~/RgRoZRIiP0R_aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY29pbmJhc2Utc29sYW5hLW91dHBlcmZvcm1lZC1kdWUtdG8tdGVjaC1hZHZhbmNlbWVudHMtYW5kLWV0Zi1maWxpbmc_bGlkPW5jcjU5bjJoeHhnd1cDc3BjQgpmfSKNgmYRgnmhUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   Solana ETF Race Heats Up Talking about Solana, looks like its ETF race is getting crowded. 21Shares just filed for following VanEck's application. This sudden rush for Solana ETFs isn't coming out of nowhere. The SEC's already given the nod to spot Bitcoin and Ethereum ETFs this year. But as we all have seen it before, there's still some red tape to cut through. The CBOE, where these ETFs hope to set up shop, needs to get the SEC's blessing to change its rules. It's not quite "if you build it, they will come" territory yet. But what are the chances of its approval? [Read the full story](~/AAQRxQA~/RgRoZRIiP0R7aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvMjFzaGFyZXMtZmlsZXMtZm9yLXNvbGFuYS1zcG90LWV0Zi1mb2xsb3dpbmctdmFuZWNrcy1hcHBsaWNhdGlvbj9saWQ9YnlhenFocmtzNHVoVwNzcGNCCmZ9Io2CZhGCeaFSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)!   Get Immediate Updates on Market Moves with CMC Watchlist [CoinMarketCap Watchlist - Mobile](~/AAQRxQA~/RgRoZRIiP0SMaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS93YXRjaGxpc3QvP3V0bV9jYW1wYWlnbj11c2VyX3NpZ25fdXAmdXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NvbnRlbnQ9d2F0Y2hsaXN0JmxpZD1tN21icjl6anJnanBXA3NwY0IKZn0ijYJmEYJ5oVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) React instantly to market fluctuations with real-time notifications from your CoinMarketCap Watchlist. This tool is essential for anyone serious about crypto trading, providing immediate updates directly to your device. Stay informed and never miss a crucial market move again. [Create Watchlist](~/AAQRxQA~/RgRoZRIiP0SMaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS93YXRjaGxpc3QvP3V0bV9jYW1wYWlnbj11c2VyX3NpZ25fdXAmdXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NvbnRlbnQ9d2F0Y2hsaXN0JmxpZD12d3JkcTQzZHF1eHZXA3NwY0IKZn0ijYJmEYJ5oVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   Bitcoin's 'Runes' Craze: From Hot to Not The honeymoon period for Bitcoin's new token standard, Runes, seems to be over. Runes has seen its daily average transactions plummet by 88% from its peak in June. It’s a dive from 331,040 daily transactions in mid-June to a measly 37,820 by the end of the month. On June 24, Runes hit rock bottom with just 23,238 transactions. That's the lowest it's been since its grand debut during Bitcoin's fourth halving event on April 20. The problem is this Runes slump is hitting Bitcoin miners where it hurts: their wallets. In the last six days, Runes have only coughed up less than 2 Bitcoin in miner fees. Compare that to the 884 Bitcoin it generated on April 24. So the good days of Bitcoin mining are over? [Read the full story](~/AAQRxQA~/RgRoZRIiP0SGaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbnMtbmV3LXRva2VuLXN0YW5kYXJkLXJ1bmVzLWZhY2VzLXNpZ25pZmljYW50LWRlY2xpbmUtaW4tdHJhbnNhY3Rpb25zP2xpZD1xdm51aDl3cDZlbDZXA3NwY0IKZn0ijYJmEYJ5oVIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   And that’s a wrap. 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