Bitcoin stable at $21,000, Ether remaining at $1,200; See the list



Cryptocurrency price today: On Monday, June 27, the global cryptocurrency market remained largely flat after rebounding over the weekend and gradually approaching reclaiming the $1 trillion mark. The International Monetary Fund expects the US economy to avoid a recession “hardly” this year and next, after the US Federal Reserve raised interest rates, which revived investors’ hopes. The cryptocurrency market, which mimics the stock markets, rebounded on this note. On Monday, the global cryptocurrency market reached $961.84 billion, down slightly by 0.29 percent over the past 24 hours.

“Crypto has been trending in the green since Bitcoin and Ethereum made big recoveries over the weekend. Leading cryptocurrencies and meme coins made a massive recovery, with some achieving double-digit gains. Bitcoin is now trading above the $21,000 mark, and maintains its strength The International Monetary Fund expects the US economy to “severely avoid” a recession this year and the next, after introducing the US Federal Reserve’s tough policies to curb inflation. CoinDCX Research Team.

Data from CoinMarketCap showed that the price of Bitcoin today has risen slightly by 0.19 percent in the past 24 hours to trade at $21,449.30 at the time of writing this article.

Bitcoin has remained somewhat neutral throughout the past week, jumping between $20,000 and $22,000 and closing up about 3%. Weekly volume saw more buyers enter the market at the current price level. Market sentiment has improved significantly, but remains in “extreme fear” territory as small investors continue to accumulate bitcoin,” according to WazirX Trade Desk. It added that immediate resistance is expected at $32,300 and the key price is expected to reach to 14 thousand dollars.

Meanwhile, Ethereum, the world’s second largest cryptocurrency, remains comfortably at the $1,200-a-day mark. However, today Ether is down slightly by 0.53 percent, standing at $1,232.92 as this article was written, according to data from CoinMarketCap.

“Ethereum versus Bitcoin has been closed in the green for two weeks in a row. Last week saw ETH-BTC gain nearly 4% with the Bitcoin index dropping to dominance to 43%. ETH-BTC monthly chart formed an ascending triangle formation, making higher lows. The daily RSI is moving near the neutral level. The next major support for ETH-BTC is expected at 0.046 and the next resistance is expected at 0.076,” WazirX Trade Desk added.

Here are the top 10 cryptocurrencies and their prices on June 27, 2022, Monday (according to data from coinmarketcap.com)

Bitcoin $21,449.30 or 0.19% gain in the past 24 hours

Ethereum $1322.92 or 0.53 percent loss in the last 24 hours

Limit 0.9994 USD or 0.00 percent loss in the last 24 hours

USD Coin 1.00 USD or 0.03% loss in the last 24 hours

$240.03 BNB or 0.49 percent in the last 24 hours

XRP 0.3647 USD, or 0.46 percent loss over the past 24 hours

Binance $1.00 or 0.16% loss in the last 24 hours

Cardano $0.5076, or 1.35 percent loss over the past 24 hours

Solana $40.94 or 0.45 percent in the last 24 hours

Dogecoin $0.07799 or 1134 percent gains in the past 24 hours

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