98% of altcoins, including ETH, have entered a bear market. In the cryptocurrency market, only BTC and a few cryptocurrencies are still in a bull run, showing severe differentiation. This is due to the lack of funds and decreasing liquidity. The market is dragged down by junk coins with disorderly expansion. It is still believed that ETH at 4000 points is the peak in the next decade, with a high probability of seeing ETH in the three digits in the future. Altcoins continue in a downward trend mode, while BTC remains cautiously optimistic.

‍ #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617