> For the complete documentation index, see [llms.txt](https://tokenlon.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://tokenlon.gitbook.io/docs/docs.en/blog/whatsnew/market-update/2023/0621.md).

# 06/21 Market overview: BTC & ETH rise 7%, 4.2%

BlackRock (BLK.US), the world’s largest asset management company submitted an application to the US for its first spot Bitcoin ETF last week. It moved the sentiment in the markets since. According to The Block, the daily trading volume of Grayscale’s GBTC has increase from $16.1m to nearly $80m - almost a 400% increase. The entries of these 5 major institutions: BlackRock, WisdomTree, Charles Schwab, Fidelity Digital Assets, and Castle Securities, has started a market rally.<br>

EDX Markets, a digital asset market backed by Citadel Securities, Fidelity Investments, and Charles Schwab, has officially launched its trading services along with a new round of financing. Investors include Miami International Holdings、DV Crypto、GTS、GSR Markets LTD and HRT Technology. The assets tradable on EDX include BTC, ETH, LTC, and BCH. EDX will launch EDX Clearing later this year to clear trades on EDX Markets.<br>

Based on CoinGecko statistics, BTC rose to a high of $28,891.06, and ETH to $1816.28. BTC & ETH now are at $28,774.78 & $1806.84, a rise of 7% and 4.2% respectively.

Use [Tokenlon's Limit Orders](https://tokenlon.im/limit-order) to keep up with price changes. Limit Orders allows users to set the expected transaction price in advance. When the market price reaches the preset value, the trade will be automatically completed, saving time spent on watching the market, 0 gas fees, 0 transaction fees. Alternatively, you can also use [Tokenlon's Instant Swap ](https://tokenlon.im/instant)to quickly respond to market changes.<br>

<figure><img src="https://lh4.googleusercontent.com/vx-ItBQ62pj4sOWgRfv0WkgiUeDUowNfce0CFRdAQx53Qy3u6h-HJ9U-I9lZhC70-de4LS1PQtkHvTKio3OHj0s4BKSofrFcBu4f7hCYY6R_qSDFLnkCVUC2NMVdq_kA8s1z-oN71TvPGUoU6JAGju0" alt=""><figcaption></figcaption></figure>

#### Note

Digital assets are highly volatile and unpredictable, do your research before trading.

#### Tutorial

[How to use Tokenlon instant swap](https://support.tokenlon.im/hc/en-us/articles/360037732371)

[How to use limit order on Tokenlon](https://support.tokenlon.im/hc/en-us/articles/7463636612116)

<br>


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