BITPRISMIA
The US Ether ETFs generated over $420 million worth of selling pressure for the world's second-largest cryptocurrency.
The supply of ETH has been gradually increasing since mid-April with the Dencun upgrade decreasing competition for block space on the mainnet.
As of 1 June, USDT reached a significant milestone where its market cap surpassed its previous all-time-high of $83 billion. Furthermore, Tether also announced its plans to start mining BTC.