Cryptohopper blog
Crypto Market Experiences Short-Term "Shakeout" Amidst Traders Optimism
The crypto market experienced a notable selloff on June 7th, triggered by unexpectedly strong U.S. employment data. Bitcoin and Ethereum saw declines of nearly 2% and over 3%, respectively. Despite the dip, traders view it as a temporary "shakeout" rather than a trend reversal, maintaining optimism for a continued broader uptrend.
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The crypto market experienced a notable selloff on June 7th, triggered by unexpectedly strong U.S. employment data. Bitcoin and Ethereum saw declines of nearly 2% and over 3%, respectively. Despite the dip, traders view i…
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