Cryptocurrency price today: After a week of choppy sessions that pushed it to an all-time high, the global cryptocurrency market partially rallied on Monday, June 18, on mixed global indices. Crypto markets rebounded after several choppy sessions that erased all the gains made over the past few years, but were still below the $900 billion mark as equity markets remained wobbly. On Monday, however, major crypto coins, excluding stablecoins, rebounded strongly to take the global cryptocurrency market value to $878.60 billion, an increase of 8.51% over the past few years. 24 hours. Total cryptocurrency trading volume, meanwhile, fell to $78.79 billion, down 14.86% in the past 24 hours, the data showed.
Bitcoin, the world’s largest cryptocurrency, rallied back to the $20,000 mark after hitting an all-time low over the weekend, but barely held onto that position. The price of bitcoin today stood at $20,116.07 at the time of writing, jumping 9.98% in the last 24 hours.
“Bitcoin and crypto markets have fallen to new lows in recent years as all of the world’s markets have declined. BTC fell more than 20% in the past week alone, dropping below $18,000, a new low in more than a year and a half before recovering slightly. Bitcoin’s monthly chart is moving in an ascending channel pattern, but is about to break out of support levels. The monthly RSI continued to decline after hitting an all-time low a few days ago. The BTC trend broke the previous resistance of $19,000 and could bottom out between $15,000 and $18,000. The next support for Bitcoin is expected at $14,000,” said trade desk WazirX.
Meanwhile, the price of Ether is up 13.62% today, settling at $1,083.87 at the time of writing, according to data from CoinMarketCap. Dogecoin, Solana, and Cardano rose as much as 13% each, helping the cryptocurrency market comeback that day.
“Ethereum fell below $900 last week while falling more than 20% during this period. However, ETH against Bitcoin gained nearly 2% last week as Bitcoin’s dominance index fell below nearly 44%. The weekly chart for ETH-BTC has broken below the ascending triangle pattern. Next key support for ETH-BTC is expected at the 0.046 level and next resistance is expected at 0.076,” a noted the trade office WazirX.
Here are the top 10 cryptocurrencies and their prices as of June 20, 2022, 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% gain in the last 24 hours
Tether $0.9987 or 0.01% loss in the last 24 hours
USD Coin $1.00 or 0.02% loss in the last 24 hours
BNB $208.91 or 8.98% gain in the last 24 hours
Binance USD $1.00 or 0.02% gain in the last 24 hours
Cardano $0.4688 or 6.47% gain in the last 24 hours
XRP $0.3173 or 5.47% gain in the last 24 hours
Solana $32.30 or 10.38% gain in the last 24 hours
Dogecoin $0.0583 or 13.06% gain in the last 24 hours
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