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The total market capitalization of cryptocurrencies has dropped by 6.2% in the past 24 hours, with altcoins facing even larger losses.

5 hours ago

June 18 — Based on HTX market data, the market has exhibited signs of risk-off sentiment due to worries that the US might interfere in the Iran-Israel conflict. The total cryptocurrency market capitalization has decreased by 6.2% over the past 24 hours and currently stands at $3.341 trillion. The losses in altcoins have intensified, as follows: RESOLV is currently at $0.2229, with a 24-hour decline of 17.86%; VIRTUAL is currently at $1.67, with a 24-hour decline of 14.7%; NEIRO is currently at $0.00035, with a 24-hour decline of 15.09%; WIF is currently at $0.756, with a 24-hour decline of 14.5%; IMX is currently at $0.41, with a 24-hour decline of 14.94%.
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Bitcoin rises above $105,000

On June 18th, based on HTX market data, Bitcoin experienced a rebound and managed to break through $105,000. The 24-hour decline was narrowed down to 3.35%.

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U.S. stock Eyenovia surged over 153.56%, with its market value rising to $21.36 million.

BlockBeats has reported that on June 18th, the US stock Eyenovia saw a surging increase of over 153.56%, and its market capitalization rose to $21.36 million. Previously, Eyenovia announced the launch of its HYPE Treasury Reserve Strategy, with the intention of investing $50 million.

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GMGN and some crypto KOLs' X accounts have now been unbanned.

On June 18th, according to market sources, the previously banned GMGN platform and some crypto KOLs' X accounts have now been unblocked. As was previously reported by BlockBeats, on June 12th, the X platform suddenly carried out a large-scale account suspension targeting Crypto users. Accounts such as Eliza, the official GMGN Twitter account, and several MEME KOL accounts were banned. This included @Wolfy_XBT (Kill the Wolf), @brc20niubi (Wang Xiaoer), @0xCryptoWizard (Wizard), @Ga__ke (Gake), the official GMGN account @gmgnai, and the GMGN founder's account @haze0x. The specific reason for these suspensions remains unknown.

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Ethereum rebounds and breaks through $2500

On June 18th, based on HTX market data, Ethereum witnessed a rebound and broke through $2500. The 24-hour decline narrowed to 5.59%.

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Biotech company Eyenovia initiates the HYPE treasury reserve strategy, planning to invest $50 million

On June 18th, as per market information, the clinical-stage ophthalmic biopharmaceutical company Eyenovia announced a $50 million investment to initiate the Hyperliquid (HYPE) treasury reserve strategy.

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JPMorgan to Pilot Issuance of Deposit Tokens on the Base Network

On June 18th, based on market information, JPMorgan is set to conduct a pilot issuance of deposit tokens on the blockchain that is related to Coinbase (Base Network).

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