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Hello everyone!
Today the market is down, most altcoins are red. BTC is currently trading around $62,670. ETH is around $1,670.
⭕Fear/Greed Index: 17 - extreme fear
A few news updates:
• Due to the blockade of the Strait of Hormuz in the Gulf, 1,200 ships and $125 billion are stranded. Insurers call this a real catastrophe.
• Andreessen Horowitz (a16z) bought 25,560 ETH for $42.6 million.
• Vitalik Buterin cut the Ethereum Foundation's budget by 40% and laid off 20% of the staff.
• A hearing on the CLARITY Act bill is scheduled for July 17.
• Trump instructed the US Department of Justice to investigate price gouging by major oil companies.
TO THE PROFIT! 🤝