Bitcoin remains above $30,400 while Polygon and Avalanche drop more than 2%

On Friday, the cryptocurrency markets were trading in a choppy manner. While BNB, Polygon, and Solana had losses in trade, Bitcoin, XRP, and Polkadot saw increases. Ethereum (ETH) was trading below the $1,900 mark while Bitcoin (BTC) increased by 0.02% to $30,405 in value. BTC volume was over $16.68 billion, up 9% over the previous day. The majority of cryptocurrencies traded flat with little movement, supported by optimism around the prospect of a Bitcoin ETF and favourable US economic data. For the fifth day in a row, Bitcoin in particular held its position over the US$30,000 mark. The US$31,000 zone appears to be a bear hotspot. The immediate resistance levels for BTC right now are $30,680 and $30,950, while the support level is $30,000. Around $1.18 trillion worth of cryptocurrencies were being traded globally, down 0.03% in the previous day. DeFi’s total 24-hour volume is $2.14 billion, or 6% of the whole crypto market. Currently, the combined volume of all stablecoins is $33.22 billion, or 92% of the 24-hour volume of the whole crypto market. The largest cryptocurrency in the world by market cap, Bitcoin, was valued at almost $590 billion. According to CoinMarketCap, Bitcoin presently has a 50.16% market share, up 0.16% from the previous day. On the daily chart, Bitcoin encounters severe resistance near the $31,000 mark. Dojis and spinners are examples of neutral candles that predict a slight price correction since they show declining bullish enthusiasm and likely buyer tiredness.

Cryptocurrency Price Today

Bitcoin Price Today | $30,405 0.30%

Ethereum Price Today | $1,862 -0.22%

Tether Price Today | $0.9998 0.01%

BNB Price Today | $235 -0.77%

XRP Price Today | $0.4804 -0.21%

Cardano Price Today | $0.279 -0.34%

Dogecoin Price Today | $0.06501 0.07%

Polygon Price Today | $0.6389 -2.16%

Solana Price Today | $16.13 -1.76%

Litecoin Price Today | $86.8 -1.09%

Polkadot Price Today | $5.07 0.12%

Tron Price Today | $0.07427 -0.10%

Avalanche Price Today | $12.95 -2.03%

Shiba Inu Price Today | $0.000007434 -1.76%

(Note: Price change in last 24 hours)

Tron and Litecoin are up by up to 2% as Bitcoin remains above $30,300

In Wednesday trading, there were mixed results on the cryptocurrency markets. While Ethereum, XRP, Dogecoin, and Cardano had losses in trade, Bitcoin, Tron, BNB, and Litecoin saw increases. Ethereum (ETH) was trading above $1,850, while Bitcoin (BTC) increased by 0.32% to $30,360. BTC volume increased by 14.39% over the previous day to reach about $15.25 billion. With a market share of more than 50%, Bitcoin is still holding steady at $30,000. In the coming week, it is likely to consolidate near this level. A significant rally towards $35,000 levels is feasible if it can overcome the $32,400 resistance in the next days. The market capitalization of all cryptocurrencies was around $1.18 trillion, up 0.27% over the previous day. The overall volume of DeFi is $2.79 billion, or 7.58% of the 24-hour volume of the entire crypto market. Stablecoin volume as a whole is currently $34.23 billion, or 92.96% of the 24-hour volume of the whole crypto market. The decentralised finance (DeFi) industry, which has a current volume of $2.79B and represents 7.58% of the 24-hour volume of the entire crypto market, has been a significant contributor. This growth underscores DeFi’s expanding significance within the larger crypto ecosystem as it continues to gain traction and draw considerable investment. The crypto market and the DeFi area are in for exciting times. The largest cryptocurrency in the world by market cap, Bitcoin, was valued at over $589 billion. According to CoinMarketCap, Bitcoin presently has a 49.97% market share, up 0.06% from the previous day. Cryptocurrency Price Today Bitcoin Price Today | $30,360 0.32%

Ethereum Price Today | $1,871 -0.35%

Tether Price Today | $0.9998 -0.04%

BNB Price Today | $238 0.83%

XRP Price Today | $0.4829 -0.51%

Cardano Price Today | $0.282 -1.96%

Dogecoin Price Today | $0.06521 -1.01%

Polygon Price Today | $0.6573 0.25%

Solana Price Today | $16.52 -1.32%

Litecoin Price Today | $88.06 1.02%

Polkadot Price Today | $5.09 -1.48%

Tron Price Today | $0.07473 2.50%

Avalanche Price Today | $13.26 -1.47%

Shiba Inu Price Today | $0.000007611 -1.49%

(Note: Price change in last 24 hours)

BNB and Polygon lost more than 4% while Bitcoin held above $30,000

After gaining for three straight days, the cryptocurrency markets were in the red on Friday. Ethereum (ETH) dipped below the $1,900 mark while Bitcoin (BTC) fell 0.73% to $30,063. BTC volume was over $18.92 billion, down 40% over the previous day. After a three-day rise, the markets have dropped. The fear and greed index for cryptocurrencies has not changed and is still at 65/100. BTC is still trading at roughly $30k, down 1.3%. After the market’s euphoria over the BTC ETF, the price of BTC is starting to plateau. However, we may anticipate a strong hold of the BTC price at the current levels, with support near $29.7k. Top cryptocurrency tokens were trading in the red on Friday as well. Each of BNB, Solana, and Polygon saw a fall of over 4%. The market capitalization of all cryptocurrencies was trading lower at $1.17 trillion, dropping 1.36% in the previous day. The largest cryptocurrency in the world by market cap, Bitcoin, was valued at over $582 billion. According to CoinMarketCap, Bitcoin has a 50% market share today, up 0.16% from yesterday. Bitcoin could have a fall towards the $29,300 Fibonacci retracement after failing to break the $30,700 mark. Increased selling pressure could drive the price all the way down to the 38.2% Fibonacci line, which is around $28,400. The goals of $27,750 and $27,000 (50% and 61.8% Fibonacci retracement levels) will be significant if the bearish trend intensifies.

Cryptocurrency Price Today

Bitcoin Price Today | $30,063

Ethereum Price Today | $1,885

Tether Price Today | $0.9999

BNB Price Today | $243

XRP Price Today | $0.4962

Cardano Price Today | $0.2925

Dogecoin Price Today | $0.06642

Solana Price Today | $16.75

Polygon Price Today | $0.6685

Litecoin Price Today | $86.58

Polkadot Price Today | $4.92

Tron Price Today | $0.0725

Shiba Inu Price Today | $0.000007926 (Note: Price change in last 24 hours)

Belpay Exchange Announcement on 5TH Establishment Day

Belpay Exchange is pleased to announce the introduction of new updates that will allow users to trade, buy, and sell a wider range of cryptocurrencies. We have integrated five networks into Belpay Exchange: Blockchain Network, ERC-20 Network, TRC-20 Network, BEP-20 Network, and Advance Blockchain Network (White Bitcoin), enabling users to engage in transactions involving these networks. Additionally, we are currently in the process of integrating the Advance blockchain and Integrate P2P Network For Worldwide Fiat Deposit and Withdrawal, which requires additional time and effort to ensure seamless integration. As a result, there may be some delays in deposit and withdrawal processes for a couple of months. However, these updates are significant and will enhance the overall user experience on our platform, including the ability to smoothly buy and sell various currencies.

Furthermore, we are pleased to inform you that WBTC is already listed on Belpay Exchange. However, in the near future, WBTC will also be collaborating with another exchange and will be listed on a new platform called Bitcredex. This collaboration will provide users with an additional avenue to buy and sell WBTC and other cryptocurrencies. We understand that the Securities and Exchange Commission (SEC) issue has caused delays and challenges for many exchanges. It is important to note that these issues have impacted the timeline of our updates as well.

However, we want to assure all users that their funds are safe, and we are working diligently to address any potential concerns arising from the regulatory environment. We would like to say thanks to every investor & holder in WBTC and thanks a lot for believing & trusting in White Bitcoin (WBTC), Belpay Exchange, VIP Affiliate Wallet and helping us with amazing growth.

Rise of Solana, Polygon, and Bitcoin to above $26,700

Crypto Price Today: In Tuesday’s trading, there were mixed results on the cryptocurrency markets. While BNB, XRP, and Cardano had losses in trade, Bitcoin, Solana, and Polygon saw increases. Ethereum (ETH) was trading above the $1,700 mark while Bitcoin (BTC) increased by 1% to $26,796. BTC volume was at $14.7 billion, up nearly 57% over the previous day. The previous 24 hours have seen a price consolidation for bitcoin above the US$26,600 mark. Even yet, BTC surged beyond $27,000, reaching a peak close to $27,184, and the price is already reversing gains. However, there is a resurgence of positive momentum, and BTC is currently trading around US$26,900. BTC’s current support is at the US$26,700 level, and its current resistance is at the US$27,200 mark. The market capitalization of all cryptocurrencies was around $1.07 trillion, up 0.62% over the previous 24 hours. DeFi’s total 24-hour volume is $1.73 billion, or 6% of the whole crypto market. Currently, the 24-hour volume of all stablecoins is $26.96 billion, or 94% of the overall volume of the cryptocurrency market. The largest cryptocurrency in the world by market cap, Bitcoin, was valued at almost $520 billion. According to CoinMarketCap, the market share of Bitcoin increased by 0.32% from the previous day to 48%. While altcoins lose ground to it, bitcoin holds strong near $27,000. The BTC market share is getting close to 50% post, and in the coming weeks, it could rise swiftly to 55%. The next crucial threshold that Bitcoin must cross to signify a local bottom is $28,600, while a sweep of a lower goal ($24,400) is still feasible to get rid of the long positions. Cryptocurrency Price Today

Bitcoin Price Today | $26,796 1.33%

Ethereum Price Today | $1,727 0.10%

Tether Price Today | $0.9998 -0.02%

BNB Price Today | $241 -0.78%

XRP Price Today | $0.4866 -1.39%

Cardano Price Today | $0.2593 -1.17%

Dogecoin Price Today | $0.06212 0.08%

Polygon Price Today | $0.6091 1.33%

Solana Price Today | $16 3.39%

Litecoin Price Today | $77.01 -0.66%

Polkadot Price Today | $4.49 -1.48%

Tron Price Today | $0.06933 -1.02%

Avalanche Price Today | $11.46 0.88%

Shiba Inu Price Today | $0.000007185

Despite a turbulent week, Bitcoin and Ethereum remain stable

Due to debates about monetary policy and the publication of the Consumer Price Index (CPI) data for May, the cryptocurrency market had a tumultuous week. The trading range for Bitcoin (BTC) varied during the week between US$24,900 and US$26,250. The price of Bitcoin initially began the week above the US$26,000 threshold, but it later fell under US$25,000, hitting its lowest level since March. The Federal Reserve’s decision to keep interest rates constant had an impact on this decline. Unexpectedly, the Fed also anticipated two additional rate increases during this cycle, which was consistent with investor forecasts. Contrary to expectations, the cryptocurrency market reversed course and started selling again after a three-week hiatus.

The Fed’s benchmark interest rate is currently between 5% and 5.25% after a run of ten straight rate hikes. The interest levied on short-term loans by banks and other depository institutions is based on this figure, which represents the highest rate since 2007. The price of Bitcoin (BTC) has significantly increased over the past day, surpassing the US$25,500 mark and recovering from the three-month low it hit on Wednesday. This rebound might be credited, at least in part, to BlackRock’s submission of an exchange-traded fund (ETF) application with a cryptocurrency backing. With a rise of more than 1%, BTC snapped a three-day losing run.

The U.S. Securities and Exchange Commission brought legal charges against Binance and Coinbase at the same time as these developments. Bitcoin has shown a spectacular 53% gain since the start of the year, despite a 6% fall in performance for the month. Ethereum (ETH), the second-largest cryptocurrency, has stayed between $1,600 and $1,700, on the other hand. Similar to BTC, ETH has been on a downward trend for three days until seeing a significant surge on Friday. The performance of ETH has dropped by more than 10% for the month, but year-to-date, it has grown by 39%.

The SEC’s charges against Binance and Coinbase exchanges may still be having an impact on the cryptocurrency market given the modest price movement and lack of optimistic reaction to the rate hike postponement. A fascinating occurrence occurred last week when Hong Kong’s much awaited cryptocurrency legislation went into force, launching a new regulatory framework for virtual assets. This month saw the implementation of the regulations that allow for retail trading, marking the beginning of Hong Kong’s efforts to become a well-known centre for virtual assets.

Bitcoin falls below $25,900, while BNB and Shiba Inu climb by up to 6%

On Wednesday, cryptocurrency markets were trading mixed ahead of the Federal Reserve policy meeting, which concludes later in the day. Bitcoin, XRP, and Solana were all trading lower, while BNB, Polygon, and Shiba Inu were all trading lower. Bitcoin (BTC) declined 0.88% to $25,881, while Ethereum (ETH) plummeted below $1,750. BTC volume was over $13.02 billion, up 12.48% in the last 24 hours. The crypto market remained cheerful, as the crypto community anticipates a break from the Fed’s continual rate hikes during today’s meeting. The cryptocurrency market may react strongly to the outcome of the FOMC meeting today, as any easing of monetary policy will benefit financial markets in the long run. The worldwide cryptocurrency market cap was trading around $1.06 trillion lower, down 0.49% in the last 24 hours. The overall volume in DeFi is currently $2.05 billion, accounting for 6.57% of the entire 24-hour volume in the crypto market. The entire volume of all stablecoins is now $30.11 billion, accounting for 96% of the total 24-hour volume of the crypto market. Bitcoin, the world’s largest cryptocurrency, had a market cap of roughly $502 billion. According to CoinMarketCap, Bitcoin currently has a 48% market share, a 0.17% fall from the previous day. BTC is still trading above the psychological support level of $25k, but it is battling to rise above $26k. If BTC remains over $25k and global market value remains above $1 trillion, we should witness a rally in crypto markets soon. Breaking those levels, on the other hand, can send the markets into a tailspin.

Bitcoin Price Today | $25,881

Ethereum Price Today | $1,740

Tether Price Today | $1.00

BNB Price Today | $248

XRP Price Today | $0.512

Cardano Price Today | $0.2745

Dogecoin Price Today | $0.0618

Polygon Price Today | $0.6481

Solana Price Today | $15.12

Litecoin Price Today | $77.61

Polkadot Price Today | $4.63

Tron Price Today | $0.07227

Avalanche Price Today | $11.82

Shiba Inu Price Today | $0.000006806

Bitcoin and Ethereum suffer losses, while Filecoin is the top gainer

On early Monday morning, Bitcoin (BTC) and Ethereum (ETH), two of the most valuable crypto coins, surpassed the $25,000 and $17,000 thresholds, respectively. BTC, on the other hand, lost 1.02 percent in terms of percentage performance. Other major altcoins, including as Ethereum (ETH) and Litecoin (LTC), also fell as overall prices fell somewhat. Filecoin (FIL) was the highest gainer, with a 24-hour gain of more than 18.41 percent. Frax Share (FXS), on the other hand, was the greatest loser. At the time of writing, the worldwide crypto market cap was $1.05 trillion, representing a 3.26 percent drop in a 24-hour period.

Bitcoin price today

According to CoinMarketCap, the price of bitcoin was $25,692.69 after a 1.02 percent decline in a 24-hour period. According to the Indian exchange WazirX, the price of Bitcoin was Rs 23.58 lakhs.

Ethereum price today

At the time of writing, the price of ETH was $1,747.12, representing a 2.82 percent 24-hour loss. According to WazirX, the current price of Ethereum in India is Rs 1.58 lakhs.

Dogecoin price today

DOGE gained 4.60 percent in a 24-hour period, according to CoinMarketCap data, and is currently trading at $0.0615. According to WazirX, the Dogecoin price in India is Rs 5.8624.

Litecoin price today

Litecoin fell 1.78 percent in a 24-hour period. It was trading at $78.53 at the time of writing. In India, the price of LTC was Rs 7,100.00.

Ripple price today

The price of XRP was $0.5045, up 0.08 percent in 24 hours. According to WazirX, the current price of Ripple is Rs 46.1000.

Solana price today

Solana was trading at $15.39, up 9.38 percent in 24 hours. According to WazirX, the SOL price in India was Rs 1,600.00.

Bitcoin falls below $25,800 after the SEC sues Binance; BNB and Dogecoin are down more than 7%

The cryptocurrency markets fell on Wednesday as the Securities and Exchange Commission (SEC) launched a lawsuit against Binance, accusing the exchange behemoth of breaking securities regulations. Bitcoin (BTC) fell 4% to $25,764, while Ethereum (ETH) fell below $1,850. BTC volume was over $20.32 billion, up 76% in the last 24 hours.

The recent development between Binance and the SEC has terrified the global crypto market, resulting in a digital asset massacre. As the Binance-SEC issue continues, the market will react severely; we should ready ourselves for a bumpy market in the next weeks. Regulatory certainty is critical for the global crypto industry.

The US Securities and Exchange Commission (SEC) has sued Binance and its CEO Changpeng Zhao, alleging that the firm operated a “web of deception” that included artificially inflating trading volumes and commingling customer funds in a June 5 court filing. Other popular cryptocurrency tokens were also selling lower. BNB and Solana both fell by more than 7%. Cuts were also used to trade Dogecoin, XRP, Cardano, Polygon, and Polkadot.

The worldwide cryptocurrency market cap was trading around $1.09 trillion lower, down 4% in the last 24 hours. DeFi’s total volume is currently $3.46 billion, accounting for 7.5% of the overall crypto market 24-hour volume. The overall volume of all stablecoins is now $43.78 billion, accounting for 94% of the total 24-hour volume of the crypto market. Bitcoin, the world’s largest cryptocurrency, had a market valuation of roughly $499 billion.

According to CoinMarketCap, Bitcoin’s dominance is at 45.78%, a 0.08% fall from the previous day. The crypto market sell-off in response to the US Securities and Exchange Commission suing Binance has driven Bitcoin to a three-month low. There is a strong confluence of support for BTC around $25,200, which will most likely hold to form a ‘higher low’ for the asset and give a bounce for the following leg up. Markets are expected to remain unpredictable in the next week.

Bitcoin falls below $25,800 after the SEC sues Binance

BNB and Dogecoin are down more than 7% The cryptocurrency markets fell on Wednesday as the Securities and Exchange Commission (SEC) launched a lawsuit against Binance, accusing the exchange behemoth of breaking securities regulations.

Bitcoin (BTC) fell 4% to $25,764, while Ethereum (ETH) fell below $1,850. BTC volume was over $20.32 billion, up 76% in the last 24 hours. The recent development between Binance and the SEC has terrified the global crypto market, resulting in a digital asset massacre. As the Binance-SEC issue continues, the market will react severely; we should ready ourselves for a bumpy market in the next weeks. Regulatory certainty is critical for the global crypto industry.

The US Securities and Exchange Commission (SEC) has sued Binance and its CEO Changpeng Zhao, alleging that the firm operated a “web of deception” that included artificially inflating trading volumes and commingling customer funds in a June 5 court filing. Other popular cryptocurrency tokens were also selling lower. BNB and Solana both fell by more than 7%. Cuts were also used to trade Dogecoin, XRP, Cardano, Polygon, and Polkadot.

The worldwide cryptocurrency market cap was trading around $1.09 trillion lower, down 4% in the last 24 hours. DeFi’s total volume is currently $3.46 billion, accounting for 7.5% of the overall crypto market 24-hour volume. The overall volume of all stablecoins is now $43.78 billion, accounting for 94% of the total 24-hour volume of the crypto market. Bitcoin, the world’s largest cryptocurrency, had a market valuation of roughly $499 billion.

According to CoinMarketCap, Bitcoin’s dominance is at 45.78%, a 0.08% fall from the previous day. The crypto market sell-off in response to the US Securities and Exchange Commission suing Binance has driven Bitcoin to a three-month low. There is a strong confluence of support for BTC around $25,200, which will most likely hold to form a ‘higher low’ for the asset and give a bounce for the following leg up. Markets are expected to remain unpredictable in the next week.