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Cryptocurrency Price Update 28June: Market Cap Again Below $1 trillion

28-Jun-2022 By: Rohit Tripathi
Cryptocurrency Price

Cryptocurrency Price Update (28,June): Market Cap Again 

Below $1 trillion, BTC, ETH are in Red.

The global crypto market cap down 2.45% in the last 24 hours . At the time of writing, global crypto market cap was $974 billion, as per data on CoinGabbar. Bitcoin price has also breached the $21,000 barrier again, reaching $20,850 at the time of writing.

The global cryptocurrency market volume over the last 24 hours decreased by 2.6% to $75.09 billion. The total volume in DeFi was $5.88 billion, which is 7.8% of the total crypto market 24-hour volume. Stable coins volume was $54.45 billion, which is 72.3% of the total crypto market 24-hour volume. 

Bitcoin price down by 1.15 percent in the last 24 hours. Meanwhile, Bitcoin’s dominance as top crypto asset increased by 0.56% to 40.57% over the day. Overall Bitcoin price has rise by 1.17% in the last 7 days. 

Even though Bitcoin and several other big altcoins have recovered some of their lost value in the last day, experts believe that the crypto markets will not rebound quickly.

Over the past week, Bitcoin has been largely stable, fluctuating between $20K and $22K and ending the week approximately 3% higher. At the current price, more buyers were entering the market, as evidenced by the weekly volume. Even if the market sentiment has greatly improved, it is still considered to be "very fearful" since small investors kept buying up Bitcoin.

A falling channel pattern has emerged in the daily Bitcoin trend. The RSI returned to the 30 level as well. Key support is anticipated at $14,000, while immediate opposition is anticipated at the level of $32,300.

Top Crypto Rates

Ethereum (ETH): Ethereum price increased by 0.77% to $1191 in the last 24 hours. In the last 7 days, ETH price has rise by 6.1%. Ranked 2th according to CoinGabbar.

Binance (BNB): Binance coin’s price increased by 0.01% to $234 in the last 24 hours. In the last 7 days, BNB price has rise by 8.79%. Ranked 5th according to CoinGabbar.

XRP: XRP coin’s price rise by 1.81% to $0.3527 in the last 24 hours. In the last 7 days, XRP price has rise by 8.07%. Ranked 7th according to CoinGabbar.

Solana (SOL): Solana price fall by 2.23% to $38.5 in the last 24 hours. In the week, SOL price has increased by 12.68%. Ranked 9th  according to CoinGabbar.

Cardano (ADA): Cardano token’s price increased by 1.1% to $0.4837 In the last 24 hours. In the last 7 days, ADA price has decreased by 0.13%. Ranked 8th according to CoinGabbar.

Popular memecoin Dogecoin’s (DOGE) price dropped by 2.01% in the last 24 hours. Ranke10th according to CoinGabbar.

Meanwhile, prices of Polkadot (DOT) and Avalanche (AVAX) fall 1.1 and 1.37 per cent in the last 24 hours respectively. Ranked 11th and 15th according to CoinGabbar. 

Polygon (Matic) price fall by 5.37% to 0.528 in the last 24 hours. Ranked 19th according to CoinGabbar.

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