Bitcoin Flat at $21,000, Ether Stays at $1,200; See List


Cryptocurrency Price Today: The global cryptocurrency market on Monday, June 27, remained largely flat after rebounding over the weekend and inching closer to regain the $1 trillion mark label. The International Monetary Fund expects the US economy to “narrowly avoid” recession this year and the next, after the US Federal Reserve rate hike, which has rekindled the hopes of investors. The crypto market, which imitates the stock markets, have rebounded on this note. On Monday, the global cryptocurrency market stood at $961.84 billion, slightly down by 0.29 per cent over the past 24 hours.

“Crypto has been trending in the greens since Bitcoin and Ethereum made sizeable recoveries over the weekend. Leading cryptocurrencies and meme coins made a phenomenal recovery, with some making double-digit percentage gains. Now trading above the US$21K mark, Bitcoin is holding strong as the International Monetary Fund expects the US economy to “narrowly avoid” recession this year and the next, following the rollout of the US Federal Reserve’s hawkish policies to curb inflation,” said the CoinDCX research team.

Bitcoin price today inched slightly up by 0.19 per cent in the past 24 hours to trade at $21,449.30 at the time of writing this article, data from CoinMarketCap showed.

“Bitcoin remained fairly neutral throughout the last week, bouncing between $20K and $22K and closing about 3% higher. The weekly volume saw more buyers entering the market at the current price level. The market sentiment has improved significantly, but still remains in the “extreme fear” zone as small investors continued to accumulate Bitcoin,” said the WazirX trade desk. An immediate resistance is expected at the $32,300 level and a key is expected at $14,000, it said.

Meanwhile, world’s second largest crypto coin, Ethereum too remained comfortably at the $1,200 mark on the day. Ether price today was however slightly down by 0.53 per cent, to stand at $1,232.92 while writing this article, as per data from CoinMarketCap.

“Ethereum against Bitcoin has closed in green for 2 weeks in succession. The last week saw ETH-BTC gaining close to 4% with Bitcoin’s Dominance index dropping to 43%. The monthly chart for ETH-BTC has formed an ascending triangle pattern, making higher lows. The daily RSI is moving close to the neutral level. The next key support for ETH-BTC is expected at 0.046 level and next resistance is expected at 0.076,” added the WazirX trade desk.

Here are the top 10 cryptocurrencies and their prices on June 27, 2022, Monday (According to data from

Bitcoin $21,449.30 or 0.19 per cent gain in the last 24 hours

Ethereum $1,232.92 or 0.53 per cent loss in the last 24 hours

Tether $0.9994 or 0.00 per cent loss in the last 24 hours

USD Coin $1.00 or 0.03 per cent loss in the last 24 hours

BNB $240.03 or 0.49 per cent gain in the last 24 hours

XRP $0.3647 or 0.46 per cent loss in the last 24 hours

Binance USD $1.00 or 0.16 per cent loss in the last 24 hours

Cardano $0.5076 or 1.35 per cent loss in the last 24 hours

Solana $40.94 or 0.45 per cent gain in the last 24 hours

Dogecoin $0.07799 or 11,34 per cent gain in the last 24 hours

Read all the Latest News , Breaking News , watch Top Videos and Live TV here.

Read original article here

Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave A Reply

Your email address will not be published.