Cryptocurrency rate today: On Saturday, June 18, the global cryptocurrency market continued to slide further into the burrow as a pioneer encryption Coins don’t seem to be recovering as investors refuse to invest anymore. The crypto market The cap has now fallen below the $900 billion mark, and stood at $853.11 billion at the time of writing, according to data from CoinMarketCap. This has decreased by 5.41 percent over the past day. Investors remain in a zone of extreme fear, and we entered bear markets at a time when the US Federal Reserve raised interest rates sharply by 75 basis points.
“The total cryptocurrency market capitalization is down below $900 billion, a marginal drop from the previous day. The total cryptocurrency market volume is down more than 14 percent to 64,” said Tarusha Mittal, COO and Co-Founder, Unifarm, a crowd-sourcing platform. billion, which clearly shows the bearish sentiment in the market.” At the time of writing this article, the cryptocurrency market volume has fallen to $59.01 billion in the past 24 hours, down 22.90 percent, according to CoinMarketCap data.
Mittal also said that sellers will take a break if Bitcoin grabs the $20,000 support level. However, on the day, Bitcoin dropped below the $20,000 level, missing the support level. The price of Bitcoin today was standing at $1,9292.81 at the time of writing, down 8.61 percent in the past 24 hours. Meanwhile, Ether is down 9.65 percent today, standing at $1,004.94 at the time of writing.
“If we look at the weekly performance of the two largest crypto assets, bitcoin and ether are down about 35 percent and 40 percent, respectively. Investors are shifting away from riskier crypto assets and placing their money in stablecoins like USDT. Tether has been trading at a premium price. Since the beginning of this month in the P2P market indicating strong demand Cryptocurrencies such as Solana and XRP are up nearly 3 percent due to the overall rise of cryptocurrencies in the altcoin space Markets are expected to remain volatile in the coming weeks as central banks continue All over the world are taking drastic measures to tame inflation,” Mittal noted.
Here are the top 10 cryptocurrencies and their prices on June 18, 2022 (according to data from coinmarketcap.com)
Bitcoin $19,292.81 or 8.61% loss in the past 24 hours
Ethereum $1,004.94 or a loss of 9.65 percent in the past 24 hours
Limit 0.9988 USD or 0.00 percent loss in the last 24 hours
USD Coin 1.00 USD or 0.04 percent loss in the last 24 hours
BNB $201.46 or 8.97 percent loss in the last 24 hours
Binance $1.00 or 0.02% loss in the last 24 hours
Cardano $0.4597, or a 7.72 percent loss in the past 24 hours
XRP $0.31 or 7.26 percent loss over the past 24 hours
Solana $28.85, or 7.62 percent loss over the past 24 hours
Dogecoin $0.05399 or a loss of 5.14 percent in the past 24 hours