Crypto Market Overview June 29: Bithumb and Ethereum Buying

Fresh crypto market overview for the morning of June 29: South Korean Kiwoom Securities is discussing an equity entry into Bithumb, Loopring is shutting down its decentralized exchange, and Sharplink is once again actively buying Ethereum after a long pause.

“Trades Closed From +40% Profit”

“+1,300$/Month in Profit”

“Stable 500$–600$ Withdrawals”

Major Coins Start the Day Without Sharp Moves

Bitcoin, according to TradingView, started the morning in a sideways range. At 07:41 Moscow time, the cryptocurrency was trading around $59,791, which is approximately ₽4,715,256 per coin. Over the past 24 hours, the minimum was recorded at $58,856, and the maximum at $60,432.

The US dollar remains the base unit for most market quotes, but for local investors, the ruble price is also important: it helps to quickly assess the value of a position and the overall size of the portfolio.

Bitcoin price chart.

Ethereum, the second largest cryptocurrency by market capitalization, also did not show a strong impulse at the start of the day. At the time of writing, the coin was priced at $1,577, or about ₽124,328 per token.

Ethereum price chart.