Today Cryptocurrency Price: Global Cryptocurrency Markets on Saturday, June 18th, Burr in Major as the Head Continues to Move Downward crypto The coins did not recover as investors refused to invest any more. crypto market According to data from CoinMarketCap, the cap has now dropped below $900 billion, and stood at $853.11 billion at the time of writing this article. This was 5.41 percent lower than the previous day. Investors are still in extreme fear territory, and we have entered bear markets at a time when the US Federal Reserve has sharply raised interest rates by 75 basis points.
“Total crypto market cap fell below $900bn, a slight decline from the previous day. Total crypto market volume fell more than 14 percent to $64bn, clearly reflecting the bearish sentiment in the market,” Tarusha Mittal, COO and cofounder, Uniform, a group staking platform, said that at the time of writing this article, crypto market volume fell to $59.01 billion, a decline of 22.90 percent, said CoinMarketCap data at the time of writing this article.
Mittal also added that sellers will take a break if bitcoin catches the $20,000 support level. However, bitcoin fell below the $20,000 mark on the day, missing the support level. Bitcoin was priced at $19,292.81 today at the time of writing this article, which is down 8.61 percent over the past 24 hours. Meanwhile, at the time of writing this article, the price of Ether was down 9.65 percent today at $1,004.94.
“If we look at the weekly performance of the two largest crypto assets, bitcoin and ether are down by about 35 percent and 40 percent respectively. Investors are moving away from riskier crypto assets and park their funds in stablecoins like USDT. Tether has been trading at a premium rate in the P2P market since the beginning of this month, indicating strong demand. Altcoins such as Solana and XRP gained around 3%, as part of the overall mini crypto rally in the altcoin space. Reason. The market is expected to remain volatile in the coming weeks as central banks across the world are taking tough measures to contain inflation,” Mittal said.
Here are the top 10 cryptocurrencies and their prices as of June 18, 2022 (according to data from coinmarketcap.com)
Bitcoin lost $19,292.81 or 8.61 percent in the last 24 hours
Ethereum lost $1,004.94, or 9.65 percent in the last 24 hours
Tether lost $0.9988, or 0.00 percent, in the last 24 hours
USD coin loss of $1.00 or 0.04 percent in last 24 hours
BNB lost $201.46 or 8.97 percent in the last 24 hours
Binance USD lost $1.00 or 0.02 percent in the last 24 hours
Cardano lost $0.4597 or 7.72 percent in the last 24 hours
XRP Lost $0.31 or 7.26 percent in the last 24 hours
Solana lost $ 28.85 or 7.62 percent in the last 24 hours
Dogecoin $0.05399 or 5.14 percent loss in the last 24 hours
read all breaking news , today’s fresh news watch top videos And live TV Here.