- Bitcoin price is likely to rally higher and lure investors in for a potential long squeeze.
- Ethereum price looks ready for a quick run-up from a technical perspective.
- Ripple price consolidates in a deep-discount mode, hinting at a minor uptrend.
Bitcoin price has been ranging since June 18, but rumors of insolvency have been spreading on multiple popular platforms in the industry. KuCoin, the fifth-largest cryptocurrency exchange in the world is at the center of bankruptcy rumors.
A popular Twitter user with the screen name “Otteroooo” urged users to withdraw their funds from KuCoin.
WITHDRAW FROM KUCOIN RIGHT NOW
Not a drill
no time for thread
like and retweet to spread the message
otter hardly wrong in such matters
— otteroooo (@otteroooo) July 2, 2022