Crypto Crash Newest Information 6/22: How Main Cryptocurrency Costs Modified Right now

Crypto Crash Newest Information 6/22: How Main Cryptocurrency Costs Modified Right now

Newest Crypto Crash Information (June 22): Following the features within the US inventory markets, most cryptocurrency costs elevated within the final 24 hours. Nevertheless, the crypto markets have failed to take care of their momentum. Up to now 24 hours, the worldwide cryptocurrency market capitalization has declined by greater than 1 p.c to $903 billion over the previous day, in keeping with knowledge from CoinMarketCap on the time of writing (11:05 a.m. ET). India). The costs of just about all main cryptocurrencies are within the purple as soon as once more.

The worldwide crypto market quantity was $71 billion, down nearly 2 p.c within the final 24 hours. Bitcoin dominance has dropped to 43 p.c, in keeping with knowledge from CoinMarketCap, which tracks 19,957 cryptos and 530 exchanges.

The value of Bitcoin (BTC) has fallen round 3 p.c within the final 7 days, declining 1.28 p.c within the final 24 hours. On the time of writing, BTC was buying and selling at $20,516.

“Bitcoin prolonged its progress after rebounding from the $20,000 mark on Tuesday. We’re more likely to see BTC touching the following essential degree above $22,000 if the shopping for quantity picks up within the coming days. Most cryptocurrencies are up within the final 24 hours, following features in US inventory markets,” stated Edul Patel, co-founder and CEO of crypto funding platform Mudrex.

Crypto Rupe Index Change

CoinSwitch’s Crypto Rupee Index (CRE8) is down over 3 p.c within the final 24 hours to Rs 2,238 on the time of writing. CRE8 tracks the efficiency of the crypto market in INR.

Will Bitcoin return up?

Bitcoin buying and selling chart. Supply: WazirX

“Bitcoin remained just under the $21K degree after recovering from a drop beneath the $18K mark. Apparently, this minor restoration has piqued folks’s curiosity in Bitcoin once more, because the variety of searches for the token hit a 12-month excessive,” WazirX Commerce Desk analysts shared in a word.

“Bitcoin’s each day development continues to traverse a descending channel sample seemingly bouncing off help ranges. The following key help for Bitcoin is anticipated to be at $14,000. The each day RSI rebounded above the 25 degree, nonetheless remaining within the oversold zone,” they added.

The perfect cryptocurrency costs on June 22

Ethereum (ETH) – Ethereum worth decreased greater than 3 p.c to $1102 within the final 24 hours. Within the final 7 days, the worth of ETH has decreased by round 2 p.c. It at the moment ranks because the second largest crypto asset when it comes to market capitalization.

Binance (BNB) – The value of the Binance Chain coin decreased by round 2 p.c to $217 within the final 24 hours. Within the final 7 days, the worth of BNB has elevated by 2.49 p.c. It’s at the moment ranked because the fifth largest crypto asset when it comes to market cap.

XRP – The value of the XRP coin decreased by 0.23 p.c to $0.3248 within the final 24 hours. Within the final 7 days, the worth of XRP has elevated by 7 p.c. It’s at the moment ranked because the eighth largest cryptocurrency when it comes to market capitalization.

Solana (SOL) – The value of Solana decreased by round 2 p.c to $35.04 within the final 24 hours. Within the final 7 days, the SOL worth has elevated by 24 p.c. It’s at the moment ranked because the ninth largest crypto asset when it comes to market cap.

Cardano (ADA) – The Cardano token worth fell round 5 p.c to $0.4714 within the final 24 hours. Within the final 7 days, the worth of ADA has elevated by 3 p.c. It’s at the moment ranked because the seventh largest crypto asset when it comes to market cap.

Dogecoin (DOGE) worth elevated round 5 p.c within the final 7 DAYS. DOGE is at the moment ranked tenth when it comes to market capitalization. The DOGE worth on the time of this report was $0.06399.

Polkadot (DOT) worth decreased 12 p.c to $7.59 whereas Avalanche (AVAX) worth additionally fell 4.13 p.c to $16.53 within the final 24 hours. Each DOT and AVAX are at the moment ranked tenth and seventeenth respectively on CoinMarketCap. Polygon (Matic) worth decreased round 2 p.c to $0.4108 within the final 24 hours. It’s at the moment ranked twenty first on CoinMarketCap.

In the meantime, the worth of Tron (TRX) has elevated round 4 p.c within the final 24 hours to $0.06544. It’s at the moment ranked thirteenth on CoinMarketCap.

(Cryptocurrencies and different digital digital belongings will not be regulated in India. They’re thought-about extraordinarily dangerous for funding. Please seek the advice of your monetary advisor earlier than making any funding selections)

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