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currency Price Update (8,June): BTC Starts above $31,000, Cardano

08-Jun-2022 By: Rohit Tripathi
currency Price Updat


Cryptocurrency Price Update (8,June): Bitcoin Starts above $31,000,

 Cardano Rise About 7%

Bounce from its Support zone and closed its day candle above $31,000. The global crypto market-cap is tight ground for both Bulls and Bears. According to Coingabbar , the crypto market cap was $1.29 trillion at the time of writing, rise 1.5 percent from the previous day.

Bitcoin dominance as top crypto asset is currently at 44.6% .In the last seven days, the price of Bitcoin has rise by 2.88 percent. Cryptocurrency prices yesterday bounce with BTC, as it again reach $31,000. We've also seen Bitcoin's dominance rise in recent weeks. In negative markets, alts typically underperform Bitcoin because they have a higher risk profile. The risk-off strategy suggests that investors will avoid high-risk ventures for the time being.

Meanwhile, the price of Bitcoin (BTC) has hold the $29,400 support, reverse itself from $31,600. It starts the day at $31,118 and get pulled downside.

Over the last 24 hours, the entire cryptocurrency market volume rise by 24.3 percent to $100.35 billion. The overall volume in DeFi was rise by 26.2% to $8.83. The 24-hour volume of stable coins was $68.12 billion, accounting for 67.88 percent of the total crypto market volume.

Bitcoin’s dominance as top crypto asset is currently at 44.6% and Ethereum dominance as 2nd top crypto asset at 16.7%. In the last seven days, the price of Bitcoin has fall by 5.02 percent. Cryptocurrency prices today bleed with BTC below $31,000. BTC fall by 2.78%, worth $30,236 at the time of writing.

BTC is currently trading at a discount of more than 56% to its all-time high. Bitcoin miners are dumping their shares as mining has become less economical in recent years, resulting in the current decline. For a few more days, the market may be volatile.

Top Crypto Rates

Ethereum (ETH): Ethereum price fall by 1.4% to $1787 in the last 24 hours. In the last 7 days, ETH price has fall by 8.07%. Ranked 2nd as market capitalization at Coingabbar .

Binance (BNB): Binance Chain coin’s price fall by 0.96% to $287 in the last 24 hours. In the last 7 days, BNB price has fall by 10.33%. Ranked 5th as market capitalization at Coingabbar .

XRP : XRP coin’s price fall by 2.23 to $0.3985 in the last 24 hours. In the last 7 days, XRP price has fall by 5.8%. Ranked 7th as market capitalization at Coingabbar .

Solana (SOL): Solana price fall by 1.09% to $38.91  in the last 24 hours. In the last 7 days, SOL price has decreased by 14.41%. Ranked 9th as market capitalization at Coingabbar .

Cardano (ADA): Cardano token’s price rise by 4.04% to $0.6390 In the last 24 hours. In the last 7 days, ADA price has rise by 2.51%. Ranked 6th as market capitalization at Coingabbar .

Popular memecoin Dogecoin (DOGE) price fall by 0.53% in the last 24 hours. Ranked 10th as market capitalization at Coingabbar

Prices of Polkadot (DOT) fall by 1.84% to $9.06 while  Avalanche (AVAX) fall by 1.79% to $24.12. Ranked 11th and 15th as market capitalization at CoinGabbar.

Polygon (Matic) price fall by 0.32% to $0.615 in the last 24 hours. Ranked 21th as market capitalization at Coingabbar .


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