Bitcoin price drops below $25 000 for the first time since 2020
On the morning of June 13, the asset hit a low of $24 900 per coin
13.06.2022 - 06:40
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What’s new? On Monday, June 13, the bitcoin price fell by $25 000 to hit $24 900 (according to Binance). The asset lost 7,7% per day. The last time such a figure was seen was at the end of 2020. As of 06:20 UTC, the value of 1 BTC is $25 300. All 10 cryptocurrencies from the CoinMarketCap top by market capitalization are in the red zone. Solana saw the biggest losses, a decrease of 12,5% per day.
Detailed statistics on cryptocurrency rates
What other changes have taken place? The capitalization of the cryptocurrency market is $1,018 trillion. Bitcoin dominates at 47,2% and Ethereum at 15,7%. Only two assets in the top 100 are showing slight growth. These are Decentraland (MANA) and Neo (NEO), which added 0,66% and 2,22% respectively.
Earlier, the founder of the Cardano (ADA) blockchain network Charles Hoskinson spoke about the benefits of a bear market. Hoskinson said that the current situation allows him to focus on improving the network and interacting with the community. ADA’s capitalization is also down by 9,7% per day and amounts to $15,6 billion. The token is trading at $0,46, down in price by 9% over the day.
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Cryptocurrency rates
-
Bitcoin
$69 899
BTC
+2.99%
-
Ethereum
$2 444.3
ETH
+0.56%
-
BNB Smart Chain
$567.33
BSC
+2.38%
-
Ripple
$0.512658
XRP
+0.7%
-
Dogecoin
$0.17353
DOGE
+9.04%
-
Cardano
$0.335128
ADA
+1.91%
-
Bitcoin Cash
$340.84
BCH
+2.22%
-
Polkadot
$3.89
DOT
+3.03%
-
Litecoin
$66.23
LTC
+0.11%
-
Stellar XLM
$0.093297
XLM
+2.29%