Monday, June 5, 2023
HomeEthereumCryptocurrency prices today: Bitcoin slips, ether gains, ethereum classic surges 22%

Cryptocurrency prices today: Bitcoin slips, ether gains, ethereum classic surges 22%

Bitcoin price fell slightly today and was below the $20,000 level. The world’s largest and most popular cryptocurrency was trading slightly lower at $19,731. According to CoinGecko, the world’s cryptocurrency market capitalization today is over $1 trillion, and in the last 24 hours he was $1.3 trillion.

“We started the week bearish. Bitcoin It has been trading flat between $19,500 and $20,500 for the past few days. BTC may test support in this lower zone as it struggles to hold current levels. There is a possibility. If a buyer can move above his $20,000 level, BTC could rebound soon. On the other hand, the Ethereum merge took place in less than two weeks for him, and the coin price he remains at $1,600. We may see more demand in the coming days as activity picks up,” said Edul Patel, his CEO and co-founder of Mudrex.

Meanwhile, Ether, the second largest coin linked to the Ethereum blockchain Cryptocurrency, rose nearly 4% to $1,630. Ethereum is moving to a consensus protocol Proof of Stake. Software upgrades, known as “merges,” have been around for years, changing the way Ethereum orders transactions to be more energy efficient.

Meanwhile, Dogecoin’s price is flat at $0.06 today, while Shiba Inu fell about 1% to $0.000013. Chainlink, Apecoin, XRP, Uniswap, Binance USD, Polkadot, Tether, Litecoin, Avalance and Solana prices have risen slightly over the past 24 hours, while Cardano, Stellar, Tron and Polygon have fallen, bringing other crypto prices down today. Performance was mixed. Ethereum Classic is up more than 22% of his. ether Today it is integrated with Bellatrix upgrades.

Binance, the largest cryptocurrency exchange by volume, has added existing user balances and new deposits of USD Coin (USDC), Pax Dollars (USDP) and True US Dollars (TUSD) to the company, according to a statement issued Monday. Start converting to your own stablecoin. .

USDC, issued by Circle Internet Financial, is the second largest stablecoin after Tether, with a market value of approximately $52 billion, according to CoinGecko data. Binance’s stablecoin, BUSD, is a distant third at around $19.3 billion.

(with input from institutions)

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