Gate.io’s Daily Market Trends (June 7 th)Bitcoin May Become El Salvador's Legal Tender, Cryptocurrency Returns to Steady State

As of 12:00 Beijing time, Bitcoin’ price was US$36,407.96 and Ether’s price was US$2,769.07. After the storm of Weibo's Big V title dissipated, Bitcoin’ price returned to the sideways stage. On the one-hour time-frame， Bitcoin’ price entered a sideways adjustment phase after 14:00 on June 6. Bitcoin has two key price points today, the upward pressure point is $37,000, and the downward weak support point is $35,500. From the MACD indicator, Bitcoin’ price on the 7th showed a weak buy signal, but the signal impact was not strong.

click to read more：Gate.io’s Daily Market Trends (June 7 th)Bitcoin May Become El Salvador's Legal Tender, Cryptocurrency Returns to Steady State

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June 7，2021

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