Cryptocurrencies Price Prediction: Pepe, Bitcoin & Arbitrum — Asian Wrap 07 June

Pepe price erasing the entire May 5 dump in 24 hours could be a bull trap

Pepe (PEPE) price has recorded a stunning rally over the previous day, restoring all the ground lost during the Monday trading session. While a first looker may see this as a bull market signal for the sensational meme coin, other fundamentals indicate that the rally will not sustain.

Bitcoin price recovers to $27,000 even as SEC files to freeze Binance.US assets

Bitcoin price, the leader of cryptocurrencies, first took the market down with itself when it crashed less than 48 hours ago. Not so soon later, BTC is back to the same place where it was a day ago and is also pulling the crypto market back up. However, SEC does not seem interested in taking a break from pursuing an end to Binance.

Arbitrum community to vote for AIP budget proposal as ARB hints 10% gains

The Arbitrum (ARB) community is on course with preparations for the AIP voting, an Administrative Budget Wallet to help promote the growth and development of the Arbitrum ecosystem.