Following the recently enhanced volatility, Bitcoin has actually settled down well below the coveted $ 20,000 line. With the exception of ATOM and XTZ, most alternative coins are also fairly stagnant on a 24-hour scale.
Bitcoin sits for less than $ 20,000
It was almost the whole feeling of the second quarter, so One of the worst of Bitcoin So far, BTC has been on the decline for the past few days.
Cryptocurrencies were over $ 21,000 until June 28, after which the bears remembered their existence. Initially, they returned BTC to $ 20,000 and the assets remained for a few days.
However, it eventually fell below that level, hitting a new 10-day low below $ 19,000.
Surprisingly, assets became aggressive at that point, soaring to just under $ 21,000.
But it’s short-lived and Bitcoin under $ 20,000 in minutes. Since then, the asset has lost a bit more value and is now just over $ 19,000. It has a market capitalization of $ 365 billion.
Notable Bitcoin News
Despite the lack of success in the past, VanEck decided to try again by Applying For another Spot Bitcoin ETF with the SEC.
CFTC work About what it described as the largest BTC-related fraud case, including $ 1.7 billion in cryptocurrencies.
Some on-chain indicators suggestion That Bitcoin may not have found the bottom yet and could be $ 15,000.
Leading by XTZ and ATOM
Altcoin experienced similar volatility over the weekend, but most are now mild.
Ethereum continues to exceed $ 1,000, but assets have lost more than $ 200 in the last few days. The BNB is just below $ 220, following a slight daily decline.
Ripple, Cardano and Shiba Inu are slightly in the red on a daily basis, but LEO is down by more than 5%.
In contrast, Solana, Dogecoin, Polkadot, and Tron show a slight increase. More impressive price increases come from ATOM and XTZ, up 8% and 7%, respectively.
Cryptocurrency market capitalization continues to struggle and is currently below $ 900 billion.
Industry news
Hedge fund 3AC focused on suffering crypto File for bankruptcyVoyager Digital had to suspend its withdrawal because it was exposed to Three Arrows.
European Commission and other member countries I agreed Enforce strict regulations on the crypto industry.
Coinbase Rejected Recent accusations of selling sensitive user data to the US government.
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Cryptocurrency chart According to TradingView.
