Global #price drop

Bitcoin miners seem to be in a strange situation. While recent reports, like one from Jefferies, indicate that mining profitability increased in June, the price of Bitcoin itself has been dropping.

Fears of a major Bitcoin price drop due to the upcoming Mt. Gox exchange repayment plan might be overblown, according to a recent report by Galaxy Digital. The cryptocurrency investment firm believes the market is anticipating a much larger sell-off than what is likely to occur.

Bitcoin (BTC), the world's leading cryptocurrency, has recently experienced a significant drop in price, reaching its lowest point in a month. This has led many investors and traders to question the future of Bitcoin and seek potential support levels to anticipate a possible rebound.

The cryptocurrency market has been experiencing a period of volatility recently, with many tokens experiencing significant price swings. One token that has been particularly hard hit is Ethena (ENA), which has lost over 30% of its value in the past week.

Worldcoin (WLD), a cryptocurrency aiming to achieve universal digital identity, is facing a critical test of its viability after a staggering 67% plunge from its all-time high. This dramatic price drop has rattled investors and raised questions about the project's future.

The meme coin craze, which has resurged in recent weeks, experienced a significant downturn after a live stream by Keith Gill, also known as "Roaring Kitty." Gill, famous for his role in the 2021 GameStop short squeeze, hosted his first live stream in three years, attracting over 600,000 viewers eager for his insights.