Saturday, June 30: crypto markets are seeing a significant rebound after this week’s decline. All of the top ten cryptocurrencies by market capitalization are in the green with (ADA) being the biggest winner – up 18.6 percent over the past 24 hours, according to .
Market visualization from
bitcoin is up around 8 percent over the 24 hour period, trading at at press time.
bitcoin price chart. Source: Cointelegraph
(ETH) is currently at , with an increase of around 12 percent over the past 24 hours.
Ethereum price chart. Source: Cointelegraph
The total market cap has seen substantial growth in 24 hours to press time, up from yesterday’s $232 billion to billion today.
Total market capitalization chart. Source:
Cardano is up the most among the top ten coins by market cap. The cryptocurrency is up 18.6 percent in 24 hours to press time, trading at around at press time, according to Coinmarketcap. (BCH) boasts the second largest increase, up 14 percent and trading around .
Crypto markets have seen two significant slumps earlier this week when bitcoin dipped below $6,000 on and , the latter being the expiration day of CME Group’s bitcoin futures.
On June 28, Robert Sluymer of Fundstrat Global Advisors that bitcoin must rally through the $6,300-6,400 resistance level to reverse the existing downtrend.
“…We have a critical stop level at the $5,800-6000… with a resistance level of $6,300-6400. If it can rally through that, I think there’s a chance bitcoin could start to turn.”
Published at Sat, 30 Jun 2018 13:39:00 +0000
