Cryptocurrency Price Update (9,June): Bitcoin Starts above $30,000,
Cryptocurrency Price Update (9, June): Bitcoin
Slipped from $31,000 but manage to get support from 21 Moving Averages. The global crypto market cap is tight ground for both Bulls and Bears. According to Coingabbar , the crypto market cap was $1.30 trillion at the time of writing, rise 0.65 percent from the previous day.
Bitcoin dominance as top crypto asset is currently at 44.55% .In the last seven days, the price of Bitcoin has rise by 1.3 per cent. Cryptocurrency prices yesterday red with BTC, as it slipped from $31,000. In recent weeks, we've also seen Bitcoin's dominance rise. Alts often underperform Bitcoin in bear markets due to their higher risk profile. For the time being, the risk-off strategy predicts that investors will shun high-risk businesses.
Meanwhile, the price of Bitcoin (BTC) has hold the $30,000 support, reverse itself from $31,600. It starts the day at $30,192 and get stand on tight support.
Over the last 24 hours, the entire cryptocurrency market volume fall by 37.1 percent to $63.72 billion. The overall volume in DeFi was fall by 12.3% to $7.81. The 24-hour volume of stable coins was $41.32 billion, accounting for 64.84 percent of the total crypto market volume.
Bitcoin’s dominance as top crypto asset is currently at 44.55% and Ethereum dominance as 2nd top crypto asset at 16.8%. In the last seven days, the
price of Bitcoin has rise by 2.04 percent. Cryptocurrency prices today green with BTC above $30,000. BTC rise by 0.58%, worth $30,373 at the time of writing.
Bitcoin is currently trading at a 57 percent discount to its all-time high. Miners are selling their bitcoins as mining has been less profitable in recent years, resulting in the present drop. The market may remain turbulent for a few more days.
Top Crypto Rates
Ethereum (ETH): Ethereum price rise by 0.72% to $1803 in the last 24 hours. In the last 7 days, ETH price has fall by 0.81%. Ranked 2nd as market capitalization at Coingabbar .
Binance (BNB): Binance Chain coin’s price fall by 0.03% to $288 in the last 24 hours. In the last 7 days, bnb price has fall by 3.8%. Ranked 5th as market capitalization at Coingabbar.
XRP : XRP coin’s price rise by 0.27 to $0.4016 in the last 24 hours. In the last 7 days, XRP price has rise by 5.81%. Ranked 7th as market capitalization at Coingabbar .
Solana (SOL): Solana price rise by 0.86% to $39.13 in the last 24 hours. In the last 7 days, SOL price has decreased by 2.69%. Ranked 9th as market capitalization at Coingabbar.
Cardano (ADA): Cardano token’s price rise by 0.91% to $0.6361 In the last 24 hours. In the last 7 days, ADA price has rise by 16.2%. Ranked 6th as market capitalization at Coingabbar .
Popular memecoin Dogecoin (DOGE) price rise by 1.35% in the last 24 hours. Ranked 10th as market capitalization at Coingabbar .
Prices of Polkadot (DOT) rise by 1.00% to $9.11 while Avalanche (AVAX) fall by 0.9% to $24.26. Ranked 11th and 15th as market capitalization at Coingabbar.
Polygon (Matic) price rise by 2.15% to $0.619 in the last 24 hours. Ranked 21th as market capitalization at Coingabbar.
