Profit-Taking Slows Crypto Bull Run MomentumJuly 01, 2025 at 09:05 AM EDT
The cryptocurrency market is showing signs of recovery, though lingering economic concerns and profit-taking behavior are still holding back investor confidence. As of June 27, Bitcoin was trading at $106,600, marking a 1% drop in the last 24 hours. Other digital assets, including major altcoins, mirrored this trend, with the top 100 tokens by market value also declining around 1%. Industry players like Bit Digital Inc. (NASDAQ: BTBT) will be following any regulatory developments in Washington, D.C. as these could reshape the trajectory of the crypto industry in the U.S. and influence… About CryptoCurrencyWire CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge. To receive SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 888-902-4192 (U.S. Mobile Phones Only) For more information, please visit https://www.CryptoCurrencyWire.com Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://www.CryptoCurrencyWire.com/Disclaimer CryptoCurrencyWire CryptoCurrencyWire is powered by IBN More NewsView More
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