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Trading Recommendations for the Cryptocurrency Market on June 11
Bitcoin and Ethereum saw slight increases
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Bitcoin and Ethereum saw slight increases yesterday following the US inflation data. However, Bitcoin is still trading below $63,000, while Ethereum cannot seem to establish itself above $1,650.Meanwhile, outflows from spot Bitcoin ETFs continue for the seventeenth consecutive day — a drop of $77.4 million yesterday and a decrease of $40.9 million from Ethereum ETFs. Among altcoins, only XRP (+$7.4 million) and SOL (+$749,000) showed any slight movement; everything else is at zero. Total outflows since mid-May have already exceeded
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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