Pepe Price Forecast | June 21, 2023

#Pepe, has witnessed a notable growth of over 15% amidst a sudden rebound in the broader crypto market. The digital coin, which soared from a low of $0.00000091 to reach a high of $0.00000111, was trading at $0.00000107 at the time of writing, marking a 15% increase in the last 24 hours and a 16% hike over the past week. Its trading volume has surged by 140%, a likely outcome of traders seeking to capitalize on the recent market volatility.

This resurgence in the crypto market is believed to be largely driven by heightened trader optimism, triggered by potential filings for U.S. Bitcoin ETFs by entities such as #BlackRock, iShares, Bitwise, WisdomTree, and Invesco. It is anticipated that successful #ETF applications could catalyze substantial inflows into #Bitcoin and stimulate further market upswings. Moreover, the total market capitalization of crypto has expanded by 5.94% in the past 24 hours, reaching $1.13 trillion. Lastly, the launch of a new crypto exchange, EDX, backed by industry giants Citadel Securities, Fidelity Investments, and Charles Schwab, adds further positive momentum to the crypto industry. EDX, a non-custodial exchange, will provide a platform for firms to negotiate and execute coin and dollar trades. #Crypto #News #MarketUpdate