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Crypto Eyes Another Red Week (Market Watch)

Bitcoin weekends remain calmer than in the past few days, with assets still around $ 19,000. Altcoin is in a similar position, with little or no movement from the larger caps.

Bitcoin remains at $ 19K

Last week, the primary cryptocurrency, which at some point actually soared to nearly $ 22,000, didn’t finish very well. However, it happened so many times in the past few weeks that it couldn’t keep up and turned the trajectory pretty quickly.

Therefore, we noticed that BTC fell to $ 21,000 a day later and shortly thereafter to $ 20,000. When June is nearing the end Bitcoin worst quarter In its history, assets have plummeted further to a new 10-day low of about $ 18,600 (bitstamp).

After that, the amazing pump went up and BTC jumped to $ 21,000, Came back After less than $ 20,000. Since then, cryptocurrencies have remained at around $ 19,000 and are still in that position.

As a result, it has a market capitalization of only $ 365 billion, but its advantage over Altcoin has dropped to 42.2%.

BTCUSD.. Source: TradingView

Altcoins Stagnent, Too

Altcoin also fell during the week, but most have calmed down since the beginning of the weekend.

Ethereum was about to fall below $ 1,000, but managed to maintain that level. Currently, ETH is trading at around $ 1,050. BNB will be close to $ 220 after a slight increase in the day.

Cardano and Solana are also slightly green on a 24-hour scale, while Ripple, Dogecoin, Shiba Inu and LEO are just red. TRON lost the most from the larger cap alt, with a 3% reduction.

Theta Fuel is one of the few impressive winners, up 11% per day to over $ 0.05.

As expected, the market capitalization of cryptocurrencies is also quite stagnant at just over $ 850 billion.

Cryptocurrency market overview. Source: Quantify Crypto
Cryptocurrency market overview. Source: Quantify Crypto
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Cryptocurrency chart According to TradingView.


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