Crypto Currencies Lose Steam
Of the 1,629 digital currencies we monitor, the past 24 hours saw total market losses of $17,675,135, as 70% of currencies fell. The biggest impacts on the markets came from Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Dash (DASH) and Litecoin (LTC).
Bitcoin (BTC) swung between a high of $6,548.00 and a low of $6,300.20 ending twenty four hours of trading at $6,530. This equates to a loss of $17,503,252.00 in market cap. A month ago, bitcoin traded at $8,286. It has seen a -14% weekly decline, and in just the last hour bitcoin has fallen -0.32%. Currently there are 17,097,212 bitcoins in circulation, representing 81% of the final twenty-one million bitcoins that can be mined. 515,498 of these bitcoins were traded in the past 24 hours.
In June Bitcoin started the month at $7,515 and swung between $6,201 and $7,755, closing at $6,413 on June 15.
Top 20 Coins
Examining the top 20 crypto currencies (by market capitalization), the top performers over the last 24 hours were Ethereum Classic (ETC) 4.02%, Binance Coin (BNB) 2.38%, Dash (DASH) 1.92%, Ethereum (ETH) 0.41% and VeChain (VEN) 0.24% while the worst three performing were NEO (NEO) -2.40%, Stellar (XLM) -2.10% and Cardano (ADA) -2.02%.
Entire Market Winners and Losers
If we look across the 1,629 crypto currencies (that we track), the biggest short term winners were:
- imbrex (REX), gained 128%, and has a market cap of 459 Bitcoins.
- U.CASH (UCASH), gained 104%, and sports a market cap of 1,513 Bitcoins.
- EDRCoin (EDRC), gained 78%.
- BT2 [CST] (BT2), gained 63%.
- Bitcurrency (BTCR), gained 57%, and has a market cap of 51 Bitcoins.
On the downside, the biggest losers were
- RabbitCoin (RBBT), lost 66%.
- ContractNet (CNET), lost 59%.
- T-coin (TCOIN), lost 50%.
- Advanced Internet Blocks (AIB), lost 48%,sporting a market cap of 11 Bitcoins.
- Coupecoin (COUPE), lost 48%, and has a market cap of 2 Bitcoins.
Cryptocurrencies are traded day and night, so instead of covering a market session, we cover the last 24 hours of trading. Remember, prices on Cryptocurrencies can vary quite a bit across exchanges, so always check your local exchange for current rates.
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