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In May, the NFT market experienced a sharp decline, with overall sales dropping by 54%. Despite this, digital collectibles on the Bitcoin blockchain saw a surge in sales, reaching a new high of over $4 billion in total sales volume on June 4th, as per data from NFT tracker CryptoSlam.

In the past month, cryptocurrency investment products attracted $2 billion in investments, pushing year-to-date inflows over $15 billion. The recent week alone saw $185 million invested.

On Tuesday, Bitcoin surged to $71,200, nearing its all-time high of $73,700 set in March, as per TradingView data. This rally coincided with significant investments in US spot Bitcoin exchange-traded funds (ETFs).

Be on the lookout, Dogecoin and Shiba Inu, because a fresh contender called WienerAI ($WAI) is entering the scene, ready to become the new top dog of meme coins with its AI trading bot concept.

In today's market retracement, PEPE has slightly increased and there are indications of possible whale inflows.

The SEC's Salt Lake City office is scheduled to close. The office gained notoriety in the cryptocurrency industry for its unsuccessful lawsuit against DEBT Box.