Token Unlocks To Watch Out As Bitcoin Triggers Fresh Bottom Formation

Token Unlock: With Bitcoin experiencing a fresh bottom formation, it is crucial to pay attention to the various token unlocks in the cryptocurrency market. Starting the second week of July on a positive note, Bitcoin found strong support at $55,000, which led to a 6.4% increase, bringing its price to $58,600. This increase has not only benefited Bitcoin but has also sparked a relief rally in the altcoin market. It is essential to closely monitor token unlocks as they have the potential to impact the overall market dynamics.