Cryptocurrency price today: After a week of choppy sessions that pushed it to a world record low Cryptocurrency The market partially recovered on Monday, June 18, based on mixed global signals. Cryptocurrency markets rebounded after several choppy sessions that wiped out all the gains made over the past several years, but it was still below the $900 billion mark as stock markets remained volatile. On Monday, however, Major CryptocurrenciesExcluding stablecoins, it rebounded sharply, bringing the global cryptocurrency market cap to $878.60 billion, which is an 8.51 percent increase over the past 24 hours. Meanwhile, the total volume of cryptocurrency trading decreased to $78.79 billion, down 14.86 percent over the past 24 hours, according to the data.
BitcoinThe world’s largest cryptocurrency is back at the $20,000 mark after hitting a historic low over the weekend, but it has barely settled on that position. Bitcoin price today was standing at $2,016.07 at the time of writing, having jumped as much as 9.98 percent in the past 24 hours.
“Bitcoin and cryptocurrency markets have plummeted to new lows in recent years with global markets in general plummeting. BTC is down more than 20 percent in the last week alone, dropping below $18,000, a new low in more than 1.5 years ago. To recover marginally.Bitcoin monthly chart is moving within a bullish channel pattern, but is on the verge of breaking out of the support levels.The monthly RSI continued to decline after hitting an all-time low, a few days ago.BTC trend broke the previous resistance of high $19,000 and could reach between $15,000 and $18,000. The next support for Bitcoin is expected at $14,000,” said WazirX Trade Desk.
Meanwhile, the price of Ether today is up 13.62 percent, standing at $1,083.87 at the time of writing, according to data from CoinMarketCap. Dogecoin, Solana, and Cardano prices rose by as much as 13 percent each, contributing to a comeback in the cryptocurrency market that day.
Ethereum broke below $900 in the past week while dropping more than 20 percent in that period. However, ETH versus Bitcoin has gained nearly 2 percent in the past week as the Bitcoin dominance index has fallen to nearly 44 percent. ETH-BTC weekly chart has broken below the ascending triangle pattern. The next major support for ETH-BTC is expected at the 0.046 level and the next resistance is expected at 0.076,” WazirX Trade Desk noted.
Here are the top 10 cryptocurrencies and their prices on June 20, 2022, on Monday (according to data from coinmarketcap.com)
Bitcoin $20,116.07 or 9.98% Gain in the Last 24 Hours
Ethereum $1,083.87 or 9.65 percent up in the last 24 hours
Tie $0.9987 or 0.01 percent loss in the last 24 hours
USD 1.00 or 0.02% loss in the last 24 hours
BNB $208.91 or 8.98 percent gain in the last 24 hours
Binance gains $1.00 or 0.02 percent over the past 24 hours
Cardano $0.4688, or 6.47 percent, over the past 24 hours
XRP gained 0.3173 USD or 5.47% in the last 24 hours
Solana has earned $32.30 or 10.38 percent in the last 24 hours
Dogecoin $0.0583 or 13.06 percent over the past 24 hours