Bitcoin, Ether, Solana Prices Remain Flat; Full List Here


Cryptocurrency Price Today: After a short-lived rebound, the cryptocurrency market was again within the pink zone on Wednesday, July 6 as sentiments remained damaging towards a volatility investor within the inventory market. The international cryptocurrency The market fell to remain simply above $900 million mark, registering a price of $901.98 billion. This is a lower of 1.60 per cent up to now 24 hours, as per knowledge, as main crypto cash fell over the day.

Bitcoin on the day additionally dipped barely once more as traders refused to speculate on the earth’s largest cryptocurrency by market worth. Bitcoin worth at present registered a price of $20,082.28 at 1151 IST, which is a plunge of 1.24 per cent over the previous day.

“Bitcoin has been in a consolidation section for almost 3 weeks, bouncing between $18K and $22K ranges. Meanwhile, June’22 noticed the most important outflow of Bitcoin ever in a month. Onchain knowledge indicated that over 150,000 BTC’s exited centralized exchanges within the final month. On the weekly timeframe, the BTC chart has fashioned a descending triangle sample. The weekly RSI has been at its lowest section hovering across the 25 stage. The subsequent resistance is predicted at $32,300 and the subsequent key assist is predicted at $14,000,” stated analysts on the WazirX commerce desk.

On the opposite hand, Ethereum, the world’s second largest crypto coin was barely holding on to the $1,100 mark. Ether worth at present was additionally down by 2.10 per cent, to face at $1,133.64 whereas writing this text.

“Ethereum against Bitcoin has remained fairly flat in the last 4 weeks or so. Bitcoin’s dominance too has changed much in the past ten odd 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.,” famous the analysts.

“Major cryptocurrencies traded low on Tuesday. Bitcoin was seen altering palms at US$19,000 after buying and selling a day excessive and low. BTC has been struggling to carry above US$20,000 from the previous two months. BTC is down by almost 71% from its all-time excessive and 57% down from the start of the yr. At the identical time, Ethereum can also be down by 70% on its year-to-date loss. The volatility available in the market continues as bears look stronger than the bulls,” stated Edul Patel, CEO and co founding father of Mudrex.

Here are the highest 10 cryptocurrencies and their costs on July 6, 2022, Wednesday, (According to knowledge from coinmarketcap.com)

Bitcoin $20,082.28 or 1.24 per cent loss within the final 24 hours

Ethereum $1,133.64 or 2.10 per cent loss within the final 24 hours

Tether $0.999 or 0.01 per cent loss within the final 24 hours

USD Coin $1.00 or 0.02 per cent loss within the final 24 hours

BNB $232.61 or 0.90 per cent loss within the final 24 hours

Binance USD $1.00 or 0.11 per cent loss within the final 24 hours

XRP $0.3235 or 0.96 per cent loss within the final 24 hours

Cardano $0.4568 or 2.36 per cent loss within the final 24 hours

Solana $35.76 or 0.34 per cent loss within the final 24 hours

Dogecoin $0.06742 or 2.42 per cent loss within the final 24 hours

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