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Bitcoin & Ethereum Slump Down, Dogecoin Gains Upto 7%

Apurwa Anand by Apurwa Anand
June 24, 2021
in Market
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Bitcoin & Ethereum Slump Down, Dogecoin Gains Upto 7%

The global crypto market on June 24, 2021, started with a downfall of 2.46% over the last day. Following the volatility this week, all major cryptocurrencies were trading mixed at the time of writing, making the total market cap of $1.33T. Users’ sentiments towards crypto investment remained tepid. Six out of the top 10 cryptocurrencies listed on the coinmarketcap were trading with cuts at the time of writing, whereas the rest four, followed by Dogecoin, jumped between 0.03% to 6%. 

For the first time since the start of the year, Bitcoin slipped below and trading around $30,000. Even being the highest value-generating crypto asset, Bitcoin slipped 2.97% in the past 24 hours and is currently trading at $32,958.89. With this downfall, Bitcoin’s dominance in the market just remained 46.24%, a decrease of 0.51% over the day. 

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Other currencies that were giving red signals at the time of writing are as follow:

  • Ethereum (ETH) with a fall of 3.47% is trading at $1938.45
  • Tether (USDT) with a fall of 0.01% is trading at $1.00
  • Polkadot (DOT) with a fall of 2.34% is trading at $15.81
  • Uniswap (UNI) with a fall of 3.93% is trading at $17.17

Overall the market is showing a bearish movement as the sentiments of users remained tepid towards crypto investment. If you want to invest in this digital asset, this is the right time to book bigger profits in the long run. Follow our blog to stay updated and click here to make an investment at the lowest trading fee. 

Tags: crypto market

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