Cryptocurrency Price Update (15 June): Bitcoin, Ethereum, Dogecoin
Cryptocurrency Price Update (15 June): Bitcoin,
Ethereum, Dogecoin in green; Polkadot biggest gainer
Cryptocurrency prices regained Monday after plummeting in recent sessions, bringing the cryptocurrency's market value below $1 trillion for the first time since January 2021. The global crypto market cap gained 2.70% to $963.39 billion on June 15, with major cryptocurrencies trading in the green. The global crypto market volume, on the other hand, dipped by 47% to $103.41 billion over the last 24 hours.
The overall volume of all stable coins was $157.28 billion, accounting for 34.36% of the total 24-hour volume of the crypto market. The total volume in DeFi was $41.20 billion, a 26.34% decline from the previous day.
With a market share of 43%, Bitcoin price fluctuated at $20,564. According to Coingabbar data, this represents a 1% drop from the previous day.
Other cryptocurrencies’ performance today improved as Stellar, Uniswap, XRP, Tether, Solana, Polkadot, Avalanche, Polygon, Chainlink, Terra Luna Classic, Cardano, and Litecoin values rose 4-17 percent in the last 24 hours, while Tron and Binance USD plunged.
The cryptocurrency market has been shaken by severe instability as investors sold risky assets on concerns that rising inflation readings will push the U. S. Federal Reserve to become more active in raising interest rates, leading the country into a recession.
In recent weeks, crypto markets have tumbled as rising interest rates and inflation drove investors to leave riskier assets across financial markets.
The crash of the TerraUSD and luna tokens in May, followed by Tether, the world's largest stablecoin, briefly losing its 1:1 peg with the dollar, has worried crypto investors.
Top cryptocurrency price Updates
Ethereum (ETH): Ethereum price decreased by 9.2% to $1125 in the last 24 hours. In the last 7 days, ETH price has fallen by 37.50%. Ranked 2nd as market capitalization at Coingabbar.
Binance (BNB): Binance Chain coin’s price decreased by 7.55% to $212 in the last 24 hours. In the last 7 days, BNB price has fallen by 26.4%. Ranked 5th as market capitalization at Coingabbar.
Cardano (ADA): Cardano token’s price decreased by 10.50% to $0.46 in the last 24 hours. In the last 7 days, ADA price has fallen by 24.10%. Ranked 7th as market capitalization at Coingabbar.
XRP: XRP coin’s price decreased by 4.20% to $0.31 in the last 24 hours. In the last 7 days, XRP price has fallen by 24.6%. Ranked 8th as market capitalization at Coingabbar.
Solana (SOL): Solana’s price decreased by 9.15% to $28.10 in the last 24 hours. In the last 7 days, SOL price has decreased by 28%. Ranked 9th as market capitalization at Coingabbar.
Polkadot (DOT): The price of Polkadot (DOT) decreased by 4.77% to $7.15 in the last 24 hours. In the last 7 days, DOT has fallen by 21.45%. Ranked 10th in market capitalization at Coingabbar.
Popular meme coin Dogecoin (DOGE) price decreased by 9.05% in the last 24 hours. In the last 7 days, the DOGE coin has fallen by 34.57%. Ranked 11th in market capitalization at Coingabbar.
Avalanche (AVAX): Avax’s price decreased by 10.95% to $15.25 in the last 24 hours. In the last 7 days, AVAX has fallen by 37.10%. Ranked 18th in market capitalization at Coingabbar.
Polygon (Matic) price decreased by 13.90% to $0.39 in the last 24 hours. In the last 7 days, Matic has fallen by 39.50%. Ranked 25th in market capitalization at Coingabbar.
