With major institutional players submitting spot Bitcoin ETF applications amidst a surge in Bitcoin, several altcoins have been outperforming the top cryptocurrency in June.
Bitcoin has experienced a 15% decline from its highest value in 2023, but it could be approaching $40,000 sooner than expected due to various significant factors.
Cryptory.net - After filing for bankruptcy in July 2022, crypto hedge fund Three Arrows Capital seems to have returned to the crypto market under the new name “3AC Ventures”.
Cryptory.net - As the crypto market struggles to recover from the recent weeks of downturn, Bitcoin whales have been actively accumulating BTC while its price is still low.