Today Cryptocurrency Price: On Monday, June 27, the global cryptocurrency market remained largely flat after rallying over the weekend and moved closer to achieving the $1 trillion mark label. The International Monetary Fund expects the US economy to “narrowly escape” a recession this year and next year after US Federal Reserve rate hikes have rekindled investor hopes. The crypto market, which mimics the stock markets, has hit back on this note. On Monday, the global cryptocurrency market was at $961.84 billion, down a modest 0.29 percent over the past 24 hours.
“Crypto has been trending in the greens ever since Bitcoin and Ethereum made major recoveries over the weekend. Major cryptocurrencies and meme coins made unprecedented recovery, some posting double-digit percentage gains. Now the US$21K mark Bitcoin is strong as the International Monetary Fund expects the US economy to “narrowly escape” a recession this year and next, following aggressive policies from the US Federal Reserve to curb inflation. After the rollout,” said. CoinDCX research team.
Data from CoinMarketCap shows that the price of bitcoin is trading up 0.19 percent today at $21,449.30 over the past 24 hours.
“Bitcoin remained fairly neutral over the past week, jumping between $20K and $22K and closing about 3% higher. Weekly volume saw more buyers enter the market at current price levels. Market sentiment has improved significantly, But “extreme fear” remains in the zone as smaller investors continue to hoard bitcoin,” said the WazirX Trade Desk. It said that immediate resistance is expected at the $32,300 level and a key one at $14,000.
Meanwhile, Ethereum, the world’s second largest crypto coin, also comfortably held on to the $1,200 mark that day. According to data from CoinMarketCap, the price of Ether was down 0.53 percent today at $1,232.92.
“Ethereum has closed in the green for 2 weeks in a row against bitcoin. ETH-BTC is up close to 4% in the past week, and the dominance index of bitcoin is down by 43%. The monthly chart of ETH-BTC shows a An ascending triangle pattern is formed, which is forming higher lows. Daily RSI is moving closer to neutral level. The next major support for ETH-BTC is expected at 0.046 level and next resistance is expected at 0.076 level.” WazirX Trade Desk said.
Here are the top 10 cryptocurrencies and their prices as of Monday, June 27, 2022 (according to data from coinmarketcap.com)
Bitcoin is up $21,449.30, or 0.19 percent, in the last 24 hours
Ethereum lost $1,232.92 or 0.53 percent in the last 24 hours
Tether $0.99994 or 0.00 percent loss in the last 24 hours
USD coin loss of $1.00 or 0.03 percent in last 24 hours
BNB is up $240.03 or 0.49 percent in the last 24 hours
XRP lost $0.3647 or 0.46 percent in the last 24 hours
Binance USD lost $1.00 or 0.16 percent in the last 24 hours
Cardano has lost $0.5076 or 1.35 percent in the last 24 hours
Solana $40.94 or 0.45 percent increase in last 24 hours
Dogecoin up $0.07799 or 11,34 percent in last 24 hours
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