Bitcoin rate was dropping to $20 813

The price of the first cryptocurrency fell by 8,22% in 24 hours

14.06.2022 - 09:15

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What’s new? On the morning of June 14, the bitcoin rate was dropping to $20 813. As of 08:30 UTC, BTC is trading at $22 750, the value of the asset decreased by 8,22% in 24 hours, according to cryptocurrency exchange Binance. Almost all cryptocurrencies from the CoinMarketCap top 10 by capitalization are in the red zone. Solana (SOL) rose by 11%, recovering slightly from yesterday’s slump. Cardano (ADA) also added 13,4%.

Cryptocurrency statistics

Situation in the crypto market. The total market capitalization of the cryptocurrency market has declined by $46 billion and now stands at $959 billion. The Ethereum rate continues to move towards the mark of $1200, the coin is trading at $1226, having decreased in price by 3,36% per day. The growth is demonstrated by rates of Cardano (ADA) and Polkadot (DOT) at 15,3% and 12% respectively.

Earlier, the CEO of Euro Pacific Capital Inc. and economist Peter Schiff predicted a further drop in the crypto market capitalization. Schiff warned investors against buying on the dip in the current environment.

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