Bitcoin Holds $20,000 Level, Ether, Solana Crash; Full List

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Cryp­tocur­ren­cy Price Today: The glob­al cryp­tocur­ren­cy mar­ket on Wednes­day, June 22, remained volatile as investors did not see any fresh trig­gers to boost their con­fi­dence. After a day of ral­ly, the cryp­to mar­ket cap saw a slight dip in its val­ue as traders sought to prof­it book­ing rather than think­ing on a long-term basis amid the pre­vail­ing sell­off. The glob­al cryp­tocur­ren­cy mar­ket cap on Wednes­day fell by 3.69 per cent over the past 24 hours to stand at $890.70 bil­lion at the time of writ­ing this arti­cle, as per data.

“The cur­rent ral­ly may not bring the bulls back into the mar­ket due to the reces­sion fears loom­ing over the finan­cial mar­kets. Investor inter­est in tech stocks and tech-based cryp­to assets has with­ered away as the macro­eco­nom­ic con­di­tions remain unfa­vor­able. The hawk­ish stance tak­en by Fed will keep the investors on their toes in the com­ing weeks,” said Tarusha Mit­tal, COO and Cofounder of Uni­farm, a group stak­ing platform.

Bit­coin prices remained at the $20,000 lev­els on Wednes­day. Bit­coin price today was stand­ing at $20,108.32 at the time of writ­ing this arti­cle, down by 4.70 per cent in the last 24 hours. Mean­while, Ether price today was down by 6.20 per cent, to stand at $1,076.72 at the time of writ­ing this article.

“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. 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,” said the WazirX trade desk.

“The cryp­to mar­ket had a promis­ing start to the week as most of the cryp­to assets were trad­ing in green. The over­all cryp­to mar­ket cap is inch­ing towards $1 tril­lion and is cur­rent­ly at $930 bil­lion. Ether jumped by over 4% and is hov­er­ing around the $1200 mark. The meme coin space too wit­nessed a sharp uptrend as $DOGE and $SHIB surged by 14% and 40% respec­tive­ly,” added Mittal.

Here are the top 10 cryp­tocur­ren­cies and their prices on June 22, 2022 ( Accord­ing to data from coinmarketcap.com)

Bit­coin $20,108.32 or 4.70 per cent loss in the last 24 hours

Ethereum $1,076.72 or 6.20 per cent loss in the last 24 hours

Teth­er $0.9989 or 0.01 per cent loss in the last 24 hours

USD Coin $1.00 or 0.03 per cent loss in the last 24 hours

BNB $212.74 or 4.62 per cent loss in the last 24 hours

Binance USD $1.00 or 0.010 per cent gain in the last 24 hours

Car­dano $0.4619 or 6.15 per cent loss in the last 24 hours

XRP $0.3201 or 2.21 per cent loss in the last 24 hours

Solana $34.02 or 7.90 per cent loss in the last 24 hours

Doge­coin $0.06168 or 0.54 per cent gain in the last 24 hours

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