Will Bitcoin and altcoins rise in June, or is a new crypto winter coming?
Bitcoin and most altcoins showed mixed performance in the first five months of the year, with Bitcoin reaching a record high twice.
Bitcoin (BTC) initially jumped to a record high of $109,300 in January and set a new one at $111,900 in May.
Other meme coins initially surged in January following the launch of Official Trump (TRUMP), but retreated over the first quarter. Most staged a strong recovery in April, with some soaring more than 200% from their lowest levels this year.
The question is whether Bitcoin and other altcoins will continue rising in June, or if a new crypto winter is about to start.
Historically, June is usually one of the worst months in the crypto market. Most cryptocurrencies drop during…
