The Cryptos News | Daily Bitcoin News
  • Home
  • News
  • Market Cap
  • Top Cryptos
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
    • Cardano (ADA)
    • Solana (SOL)
    • Tether (USDT)
    • XRP (XRP)
    • Polkadot (DOT)
    • Dogecoin (DOGE)
    • USD Coin (USDC)
  • Prices
  • Wallet
  • Crash
  • Investment
  • Exchange
  • Mining
  • Trading
  • Home
  • News
  • Market Cap
  • Top Cryptos
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
    • Cardano (ADA)
    • Solana (SOL)
    • Tether (USDT)
    • XRP (XRP)
    • Polkadot (DOT)
    • Dogecoin (DOGE)
    • USD Coin (USDC)
  • Prices
  • Wallet
  • Crash
  • Investment
  • Exchange
  • Mining
  • Trading
The Cryptos News | Daily Bitcoin News
No Result
View All Result
Home Top Cryptos Ethereum (ETH)

Crypto Crash Latest News 7/6: Bitcoin struggles to stay above $20,000, cryptocurrency

Crypto Crash Latest News Update (6/13): Massive! Global cryptocurrency market cap crashes
Share on FacebookShare on Twitter


Crypto markets continue to struggle to attract new investors even as some recovery was witnessed on Tuesday. In the last 24 hours, the global cryptocurrency market cap decreased to $905 billion, falling 0.61% over the day while Bitcoin traded near $20,000. Prices of most of the top cryptos fell after surging for a few hours yesterday, according to CoinMarketCap data at the time of writing (10.49 am, India time).

The global crypto market volume over the last 24 hours increased 19.5% to $67 billion. The total volume in DeFi was $5.8 billion, representing 8.65% of the total crypto market 24-hour volume. The volume of all stablecoins was $61.16 billion, 91% per cent of the total crypto market 24-hour volume. 

Bitcoin (BTC) dominance increased by 0.02 per cent to 42.41%. BTC’s price fell 0.45% in the last 24 hours. At the time of writing, BTC was trading at $20,155. In the last 7 days, the BTC price has fallen by 0.62%

Bitcoin exits exchanges

“Bitcoin has been in a consolidation phase for nearly 3 weeks, bouncing between $18,000 and $22,000 levels. Meanwhile, June 2022 saw the largest outflow of Bitcoin ever in a month. Onchain data indicated that over 150,000 BTCs exited centralized exchanges in the last month. On the weekly timeframe, the BTC chart has formed a descending triangle pattern. The weekly RSI has been at its lowest phase hovering around the 25 level. The next resistance is expected at $32,300 and the next key support is expected at $14,000,” analysts at WazirX Trade Desk shared in a note with FE Online. 

Ethereum remains flat

“Ethereum against Bitcoin has remained fairly flat in the last 4 weeks or so. Bitcoin’s dominance has also changed much in the past 10 days, hovering just above 43%. The monthly chart for ETH-BTC has formed an ascending triangle pattern, making higher lows and is currently trading at the support levels. The daily RSI is fairly at a healthy level of nearly 50. The next key support for ETH-BTC is expected at 0.046 level and next resistance is expected at 0.076,” the analysts said. 

Volatility continues

The volatility in the market is expected to continue as bears look stronger than the bulls.

“Bitcoin traded at US$19,000 on Tuesday as bulls started liquidating their positions. BTC is down by nearly 71% from its all-time high and 57% down from the beginning of the year. At the same time, Ethereum is also down by 70% on its year-to-date loss. BTC has been struggling to stay above US$20,000 consistently for the past two months. If bulls can make a move to keep BTC above this level, we might see some good price action. Overall, the volatility in the market continues as bears look stronger than the bulls,”  Edul Patel, CEO and Co-founder of crypto investment platform Mudrex said. 

Crypto Rupe Index Change

Crypto Rupee Index (CRE8) by CoinSwitch increased around 2.67% in the last 24 hours to Rs 2352 at the time of writing. CRE8 tracks crypto market performance in INR. 

Top Crypto Prices on July 6

Ethereum (ETH): Ethereum price fell around 1% to $1139 in the last 24 hours. In the last 7 days, ETH price has decreased by 0.82%. It is currently ranked as the 2nd largest crypto asset.

Binance (BNB): Binance Chain coin’s price increased 0.67% to $234 in the last 24 hours. In the last 7 days, BNB price has increased by 4.75%. It is currently ranked as the 5th largest crypto asset.

XRP: XRP coin’s price decreased by 0.86% to $0.3239 in the last 24 hours. In the last 7 days, XRP price has decreased by 3.51%. It is currently ranked as the 7th biggest crypto. 

Solana (SOL): Solana price increased 0.66% to $35.96 in the last 24 hours. In the last 7 days, SOL price has increased by 1.33%. It is currently ranked as the 9th biggest crypto asset.

Cardano (ADA): Cardano token’s price decreased by 1.82% to $0.4577 in the last 24 hours. In the last 7 days, ADA price has decreased by 3.17%. It is currently ranked as 8th biggest crypto asset.

Dogecoin’s (DOGE) price decreased by 2.51% in the last 24 hours. DOGE is currently ranked 10th in terms of market capitalisation. The price of DOGE at the time of this report was $0.06748.

Price of Polkadot (DOT) decreased by 2.7% to $6.85. Avalanche (AVAX) price increased around 3.23% to $18.43 in the last 24 hours. Both DOT and AVAX are currently ranked 12th and 17th respectively on CoinMarketCap. 

Polygon (Matic) price decreased by around 2% to $0.5111 in the last 24 hours. In the last 7 days, MATIC price has fallen by 3.22%.  It is currently ranked 18th on CoinMarketCap. 

Shiba Inu (SHIB) fell nearly 4 per cent in the last 24 hours to $0.00001036. It is currently ranked 14th on CoinMarketCap.

(Cryptos and other virtual digital assets are unregulated in India. They are considered extremely risky for investment. Please consult your financial advisor before making any investment decision)





Read More:Crypto Crash Latest News 7/6: Bitcoin struggles to stay above $20,000, cryptocurrency

Tags: avalanche price todayBinance Price TodayBitcoinBitcoin price todayCardano price today.crashcryptocrypto crash newscrypto crash todayCryptocurrencycryptocurrency newscryptocurrency price todaycryptocurrency prices in indiaDogecoin Price TodayEthereum price todayLatestNewsshiba inu price todaysolana price todayStaystrugglesTerra price todayTether price todaytop 10 cryptocurrency prices today in india
Previous Post

Makers Of Nothing Smartphone Get Into NFT In Build-Up Prior To Physical Launch, Bitcoin Up

Next Post

Major Bitcoin Miner Hut 8 Is Confident in HODL Strategy, While BTC Exchange Inflow Volume

Related Posts

Here’s What’s Next for Bitcoin (BTC), Ethereum (ETH) and One Altcoin That Over Exploded

Here’s What’s Next for Bitcoin (BTC), Ethereum (ETH) and One Altcoin That Over Exploded

by The Cryptos News
July 30, 2022
0

A widely followed trader is exploring the near-term outlook of the two largest-crypto assets and one altcoin that has...

This is how the crypto market, especially BTC and ETH, reacted amid latest Fed hike

This is how the crypto market, especially BTC and ETH, reacted amid latest Fed hike

by The Cryptos News
July 30, 2022
0

The Federal Reserve increased the interest rate by a further 0.75% and the crypto markets responded bizarrely. The U.S....

How to Buy Polkadot Coin | Cryptopolitan

How to Buy Polkadot Coin | Cryptopolitan

by The Cryptos News
July 30, 2022
0

Polkadot is one of the top 20 cryptocurrencies by market capitalization, and it has been gaining in popularity lately.DOT...

Mehracki Token (MKI), Binance Coin (BNB), and Cardano (ADA) – Cryptocurrencies Poised To

Mehracki Token (MKI), Binance Coin (BNB), and Cardano (ADA) – Cryptocurrencies Poised To

by The Cryptos News
July 30, 2022
0

The world of cryptocurrencies is becoming ever more popular, and the speed at which people begin trading grows more...

Next Post
Major Bitcoin Miner Hut 8 Is Confident in HODL Strategy, While BTC Exchange Inflow Volume

Major Bitcoin Miner Hut 8 Is Confident in HODL Strategy, While BTC Exchange Inflow Volume

Subscribe
Login
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments

Trending News

Payperless Crypto Wallet announced working on NFT tokens support

Payperless Crypto Wallet announced working on NFT tokens support

June 25, 2022
June’s Red-Hot Inflation Report Rattled Bitcoin and Ethereum Prices. What That Means for

June’s Red-Hot Inflation Report Rattled Bitcoin and Ethereum Prices. What That Means for

July 14, 2022
Ripple’s Counsel Urges US Lawmakers to Urgently Pass ‘Sensible’ Crypto Legislation Amid

Ripple’s Counsel Urges US Lawmakers to Urgently Pass ‘Sensible’ Crypto Legislation Amid

July 30, 2022
ADVERTISEMENT

Investment

Buying Bitcoin on the Dip? 3 Things the Smartest Investors Know About Crypto | The Motley

Buying Bitcoin on the Dip? 3 Things the Smartest Investors Know About Crypto | The Motley

July 30, 2022
Study up and become a more informed crypto investor with this bundle

Study up and become a more informed crypto investor with this bundle

July 30, 2022
Crypto Exchange KuCoin Launches NFT ETFs By Benzinga

Crypto Exchange KuCoin Launches NFT ETFs By Benzinga

July 30, 2022
Is It Right Time To Invest In Crypto Market? Crypto Expert Shares Bullish Indicator

Is It Right Time To Invest In Crypto Market? Crypto Expert Shares Bullish Indicator

July 29, 2022
$ETH-Based Investment Products Leading Bounce-Back in July, Says CryptoCompare Research

$ETH-Based Investment Products Leading Bounce-Back in July, Says CryptoCompare Research

July 29, 2022

Prices

Latest Report Shows Cryptojacking Increased By 30% During The Crypto Slump

Latest Report Shows Cryptojacking Increased By 30% During The Crypto Slump

July 30, 2022
Tron price prediction as Unifi Protocol TVL explodes

Tron price prediction as Unifi Protocol TVL explodes

July 30, 2022
Bitcoin and Ethereum Prices Are As High As They’ve Been Since June Crypto Crash, But

Bitcoin and Ethereum Prices Are As High As They’ve Been Since June Crypto Crash, But

July 30, 2022

Crypto Flipsider News – Crypto Market Rally; Nirvana (NIRV) Exploited; Vasil Delayed;

July 29, 2022

Trading

CoinFLEX: Amid liquidity crisis, the cryptocurrency exchange had this to say

CoinFLEX: Amid liquidity crisis, the cryptocurrency exchange had this to say

July 30, 2022
SEC Chairman Publishes Video Outlining Plan to Regulate Crypto Trading Platforms –

SEC Chairman Publishes Video Outlining Plan to Regulate Crypto Trading Platforms –

July 30, 2022
Analysis | Why the Crypto World Flinches When the SEC Calls Coins Securities

Analysis | Why the Crypto World Flinches When the SEC Calls Coins Securities

July 29, 2022
FTX wins full approval to operate crypto exchange in Dubai

FTX wins full approval to operate crypto exchange in Dubai

July 29, 2022
Crypto exchange Zipmex files for bankruptcy protection in Singapore

Crypto exchange Zipmex files for bankruptcy protection in Singapore

July 29, 2022
  • About Us
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • DMCA

© 2021 Thecryptosnews.com

No Result
View All Result
  • Home
  • News
  • Market Cap
  • Top Cryptos
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
    • Cardano (ADA)
    • Solana (SOL)
    • Tether (USDT)
    • XRP (XRP)
    • Polkadot (DOT)
    • Dogecoin (DOGE)
    • USD Coin (USDC)
  • Prices
  • Wallet
  • Crash
  • Investment
  • Exchange
  • Mining
  • Trading

© 2021 Thecryptosnews.com

wpDiscuz