Bitcoin Holds Steady as Altcoins Struggle and US Supply Drops

Bitcoin remains steady while altcoins such as Chainlink, Cosmos, and NEAR Protocol continue to underperform. Binance.US has agreed to ensure only local employees can access customer funds as part of a temporary agreement with the SEC. The release of the Hinman papers in the SEC's case against Ripple is likely to trigger a move to more decentralization in the crypto market, according to JPMorgan. U.S. markets are closed today for Juneteenth.