Today Cryptocurrency Price: All major crypto coins including Bitcoin, Ethereum and Solana continued to increase their gains for the third day in a row as the situation finally picked up pace. Cryptocurrency hasn’t had a good year so far, with the global crypto market eroding most of its 2021 gains and falling below the $1 trillion level after the market crash earlier this month. However, since three days, it is slowly moving upwards to regain that level. According to the data, on Saturday, June 25, the global cryptocurrency market is up 2.67 percent to $954.13 billion in the past 24 hours.
“The Indian crypto market continued to rise, rising 3.67 per cent in the 24 hours till 4 pm on Friday, data from the Crypto Rupee index, CRE8, shows. The index again outperformed global crypto markets. The total market capitalization has reached $988bn, up 3 percent over the past 24 hours. Layer 1 protocol tokens have seen bullish buying with ETH and SOL leading the pack in terms of price gains.” Partha Chaturvedi, Crypto Ecosystem Lead at CoinSwitch.
Bitcoin gained traction on the day above the $21,000 mark and remained at their rest. The price of bitcoin has risen nearly 4 percent in the past week. Data from CoinMarketCap shows that the price of bitcoin is trading up 1.40 percent today at $21,220.74 over the past 24 hours. Ethereum also raised the $1,200 level on the day. The price of Ether rose 6.29 percent today to $1,214.56 at the time of writing this article.
“From a macro perspective, Fed Chair Powell testified in Congress saying that reducing inflation remains the Fed’s primary concern, as several Fed representatives came out in July to support another 75 bps interest rate hike His comments were well digested by Asian markets and all were in the green with gains of 1 per cent. European indices rose sharply today, with the French CAC 40 leading the region with a gain of 2.2 per cent. The primary reason for the jump is a sharp fall in copper prices and commodity prices in general, indicating a slowdown in rising inflation rates. New US home sales data to be released Friday and seen by market observers Will go,” said Chaturvedi.
Here are the top 10 cryptocurrencies and their prices as of Saturday, June 25, 2022 (according to data from coinmarketcap.com)
Bitcoin is up $21,220.74, or 1.40 percent, in the last 24 hours
Ethereum up $1,214.56 or 6.29 percent in the last 24 hours
Tether is up $0.9994, or 0.01 percent, in the last 24 hours
USD coin loss of $1.00 or 0.00 percent in last 24 hours
BNB is up $238.57 or 3.13 percent in the last 24 hours
XRP is up $0.3683 or 0.50 percent in the last 24 hours
Binance USD up $1.00 or 0.10 percent in last 24 hours
Cardano up $0.5002 or 2.29 percent in the last 24 hours
Solana up $41.25, or 7.89 percent in the last 24 hours
Dogecoin is up $0.0673 or 3.68 percent in the last 24 hours
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