Crypto news and review

— Crypto market capitalization: $1.214 trillion (-65 billion)
- Dominance: BTC: 46.3%, ETH: 17.5%
- Index of fear and greed - 15 (extreme fear) against 13 the day before.

Dynamics of coins from the TOP - 10 for the last 24 hours:

- Bitcoin (BTC): $29,514 (-5.28%);
- Ethereum (ETH): $1,753 (-6.53%);
- Binance Coin (BNB): $280.00 (-9.26%);
- Cardano (ADA): $0.5820 (-6.38%);
- Solana (SOL): $39.05 (-6.30%);
- Dogecoin (DOGE): $0.0792 (-4.60%)

Crypto world news

- The SEC launched an investigation into the BNB token to determine if it was a security at the time of the initial sale in 2017 - Bloomberg.
Hong Kong wants to classify NFTs as regulated securities.
Chainlink launches price feeds on Solana for DeFi developers.
— Tinkoff launches a platform for operations with digital financial assets. The new system will allow large and medium-sized businesses to raise funding from investors using blockchain technology.
- Long-term bitcoin holders are beginning to suffer losses comparable to previous bear markets. Glassnode believes that the pain can continue and even get worse.

Notes for crypto traders, [6/7/2022 9:46 AM]
Bitcoin: on Monday, June 6, at the end of the day, Bitcoin rose by 4.86%, to $31,371. During the American session, the price rose to $31,765. Buyers once again failed to pass the $31,700 resistance. The decline in US stock indices forced them to close longs. Then came the news from Bloomberg that the SEC opened an investigation against Binance in relation to the BNB token. The regulator wants to find out whether the exchange violated securities law in the process of selling the token in 2017 or not. In addition, the SEC is looking into possible abuse by Binance insiders, as well as looking into the activities of market makers associated with CZ.

The BNB pair fell 11% to $276.5. If we look at intraday charts of cryptocurrencies with an overlaid S&P500 future, the news of the investigation had a limited impact on the market. Investors are more afraid that the sell-off in the US markets will intensify and are preparing for its collapse by selling what they can still save.

The BTC/USDt pair fell 6.8% to $29,218 in three hours. Support has not changed. It is between the $28,700-29,000 levels. Index futures are colored red.

Biden declared a state of emergency due to a shortage of electrical capacity. If only the hash rate did not sink due to unexpected shutdowns of miners in the States. Cloudy weather will continue in the market until there is motivation to buy cryptocurrencies and stocks.

5 minute chart - futures on SP500, BNB and BTC.
The screen was made to show you that the fall of the sipishka began before the crypt. The crypt later flopped the crypt. The cue ball even ignored the fall of the indices. I wanted to sit out his fall. Now people are again thinking whether to move up or down.