Crypto Crash Latest News (June 22): Tracking positive factors within the US fairness markets, many of the crypto costs elevated up to now 24 hours. However, crypto markets have failed to take care of their momentum. In the final 24 hours, the worldwide cryptocurrency market cap decreased by greater than 1 % to $903 billion over the past day, in accordance with CoinMarketCap information on the time of writing (11.05 am, India time). The costs of just about all prime cryptocurrencies are within the pink as soon as once more.
The international crypto market quantity was $71 billion, down practically 2 % within the final 24 hours. Bitcoin dominance has dropped to 43 %, in accordance with information on CoinMarketCap, which tracks 19957 cryptos and 530 exchanges.
Bitcoin (BTC) value has fallen by round 3 % within the final 7 days, lowering by 1.28 % within the final 24 hours. At the time of writing, BTC was buying and selling at $20,516.
“Bitcoin extended its growth after bouncing back from the US$20,000 mark on Tuesday. It is likely that we may see BTC touching the next crucial level above US$22,000 if the buying volume increases within the next few days. Most cryptocurrencies rose in the past 24 hours, tracking the gains in the US equity markets,” Edul Patel, Co-Founder and CEO of crypto investing platform Mudrex stated.
Crypto Rupe Index Change
Crypto Rupee Index (CRE8) by CoinSwitch decreased over 3 % within the final 24 hours to Rs 2238 on the time of writing. CRE8 tracks crypto market efficiency in INR.
Will Bitcoin rise once more?
“Bitcoin remained just under the $21K level after recovering back from a dip below the $18K mark. Interestingly, this minor recovery has sparked the interest of people in Bitcoin again as the number of searches for the token reached a 12-month high,” analysts at WazirX Trade Desk shared in a notice.
“The daily trend for Bitcoin continues to traverse within a descending channel pattern seemingly bouncing-off the support levels. The next key support for Bitcoin is expected at $14,000. The daily RSI recovered back above the 25 level, still remaining in the oversold zone,” they added.
Top Crypto Prices on June 22
Ethereum (ETH): Ethereum value decreased by over 3 % to $1102 within the final 24 hours. In the final 7 days, ETH value has decreased by round 2 %. It is presently ranked second largest crypto asset by way of market capitalisation.
Binance (BNB): Binance Chain coin’s value decreased by round 2 % to $217 within the final 24 hours. In the final 7 days, BNB value has elevated by 2.49 %. It is presently ranked as fifth greatest crypto asset by way of market capitalisation.
XRP: XRP coin’s value decreased by 0.23 % to $0.3248 within the final 24 hours. In the final 7 days, XRP value has elevated by 7 %. It is presently ranked as eighth greatest crypto by way of market capitalisation.
Solana (SOL): Solana value decreased by round 2 % to $35.04 within the final 24 hours. In the final 7 days, SOL value has elevated by 24 %. It is presently ranked as ninth greatest crypto asset by way of market capitalisation.
Cardano (ADA): Cardano token’s value fell by round 5 % to $0.4714 within the final 24 hours. In the final 7 days, ADA value has elevated by 3 %. It is presently ranked as seventh greatest crypto asset by way of market capitalisation.
Dogecoin’s (DOGE) value elevated by over 20 % within the final 7 DAYS. DOGE is presently ranked tenth by way of market capitalisation. The value of DOGE on the time of this report was $0.06399.
Price of Polkadot (DOT) decreased by 12 % to $7.59 whereas Avalanche (AVAX) value additionally fell by 4.13 % to $16.53 within the final 24 hours. Both DOT and AVAX are presently ranked tenth and seventeenth respectively on CoinMarketCap. Polygon (Matic) value decreased by round by 2 % to $0.4108 within the final 24 hours. It is presently ranked twenty first on CoinMarketCap.
Meanwhile, Tron (TRX) value has elevated by round 4 % within the final 24 hours days to $0.06544. It is presently ranked thirteenth on CoinMarketCap.
(Cryptos and different digital digital belongings are unregulated in India. They are thought-about extraordinarily dangerous for funding. Please seek the advice of your monetary advisor earlier than making any funding resolution)
Source: www.financialexpress.com”