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#Bitcoin (BTC) fell below $70,000 after reaching $71,000, prompting investor selloffs.

#Ethereum (ETH), #Dogecoin (DOGE), #Ripple (XRP), #Solana (SOL), #Litecoin (LTC) also dipped.

#Bittensor (TAO) gained 7%; #dogwifhat (WIF) lost 16%.

Global crypto market cap: $2.58 trillion, down 3.70%.
Top #Cryptonews in Past 12 Hours

1️⃣Jerome Powell was pleased with
#inflation progress but needed more assurance before rate cuts.

2️⃣Fabi, CEO of Web3 Foundation supporting
#Polkadot, advocated for community-voted on-chain treasury spending.

3️⃣The Tao Community Discord admin reported TAO Foundation investigated recent attacks on
#Bittensor wallets.

4️⃣Nate Geraci, president of The
#ETF Store, forecasted the #Ethereum spot ETF launch for mid-July (July15)

5️⃣
#Genesis Digital Assets, a Bitcoin mining firm, considered a U.S. IPO, backed by Alameda's $1 billion investment

6️⃣K33 analyst anticipated the upcoming ETF as a strong catalyst for
$ETH's performance, foreseeing potential price boosts.

7️⃣On July 2,
#Bitcoin spot ETFs experienced a net outflow of $13.6167 million, reversing five days of net inflows.