📉 Bitcoin struggles to maintain $29,000 as summer trading slump continues! Ether also faces a decline, while altcoins like SOL, DOGE, and MATIC experience significant drops. However, Fundstrat's Tom Lee predicts a potential five-fold increase in BTC price if a spot bitcoin ETF is approved. What are your thoughts on the current market situation? Share your insights in the comments below! 👇

- Bitcoin's price hovers just above $29,000, down 1.3% from a day ago

- Ether loses 0.8% over the last 24 hours, trading at around $1,820

- Major altcoins like SOL, DOGE, and MATIC see declines between 5% and 7%

- Ripple's XRP drops below 60 cents, down 4.7% in 24 hours and 19% in a month

- Low volatility, leverage, and speculative activity mark the current market trend