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Crypto News Today: Is the Market going for a Bearish Weekly Close?

Crypto News

Crypto Markets Ease out After A significant Breakout, Is This an Indication of a Bearish Weekly Close?

Each time when the top crypto displays a small bullish tendency, the altcoins specifically DeFi & NFT tend to surge with double the magnitude. With Bitcoin & Ethereum aiming to head strongly towards their targets at INR 17 Lakh & 1 Lakh, the markets respond positively. Therefore, the upcoming weekend close is important to decide the plan of action. 

BTC & ETH prices woefully are on the verge to drain, trading at -0.04% & +4.81% resp, while other assets in the top 10 also appear uncertain. Popular DeFi like Avalanche (AVAX) jump by 3.93% while Uniswap(UNI) & Chainlink dropped by 5.98% & 0.36% resp. NFTs like Decentraland (MANA), Theta Network(THETA) & Axie Infinity (AXS) surge by 0.43%, 9.95% & 16.16% resp, at the press time.

Check out latest Bitcoin and Ethereum Price here. 

Top CRYPTO PRICES TODAY 

Price Trend  Price for June 25, 2022  Percentage change 
The global crypto market cap  $954,798,766,927.759
The total crypto market volume $64,045,854,172.37
Bitcoin Price $21,226.03 +1.00%
Ethereum Price  $1,216.05 +5.39%

*All prices are latest by 10:30, 25 June 2022.

Check out the Latest Crypto Prices, Charts, and Data of your favourite coin.

TOP GAINERS AND LOSERS TODAY

TOP 3 CRYPTO GAINERS  

Crypto Price* Percentage Change
yearn.finance (YFI) INR 5,90,497.38 +30.08%
Axie Infinity (AXS) INR 1,525.35 +24.09%
Compound (COMP) INR 30.30 +15.02%

*All prices are latest by 10:30, 25 June 2022.

TOP 3 CRYPTO LOSERS 

Crypto Price* Percentage Change
Bitcoin Cash (BCH) INR 9,300.10 -3.37%
Synthetix (SNX) INR 244.29 -2.69%
Phoenix Global (PHB) INR 9.68 -1.56%

*All prices are latest by 10:30, 25 June 2022.

Top Crypto News Today

Ripple surpasses Cardano in Market Cap 

XRP beats ADA by hitting an 18 million $ market cap. Back in the month of may both crypto assets were going neck to neck but got sidelined by stabelcoins owing to the crypto carnage. But the battle to climb is still going on. Both assets are striving to surpass each other to compete with BNB which is dwindling on the fifth spot. 

Source: USA Today

AVAX jumps 9% after Avalanche bridge launches Bitcoin support

Avalanche launched a bridge to connect to Bitcoin and leverage the value of the chain for its community. The value of the asset jumped to 9% to conduct a litmus test of the 20$ mark. Avalanche has become the talk of the town for its growing partnerships and the blockchain infrastructure that offers developers more flexibility and freedom to create their own custom blockchain. 

Additional Read: Is AVAX a good investment? 

Web3 News Global

Snoop Dogg and Eminem become Bored Apes in new music video 

The most celebrated rap artists have joined the BAYC club as they release a music video with Bored Ape Yacht avatars of themselves. The title of the song is “From The D 2 The LBC”. The video is a treat to the eyes, as Eminem moves to the booth to record a song and says “Yo, why’s it so smoky in here man? Hearing this Snoop Dogg moves from the control room and both transition into Bored Apes. 

Source: Decrypt

THORChain (Rune) rises 10% after Mainnet launch

After THORChain launched its mainnet, Rune – the native token of the chain saw a sharp rise of 10%.  The DEX supports seven crypto assets- Bitcoin, Bitcoin Cash, Binance, Dogecoin, Ethereum, Litecoin, and RUNE. After having survived a few compromises and attacks on the DEX, the platform has finally become ready to take on the market. 

Source: EWN

NEW COIN LISTING ON COINDCX 

New Coin Market Capitalization Circulating Supply
IOST (IOST) $284,802,417 18.59B IOST
Livepeer (LPT) $244,585,515 24,060,923.92 LPT
Efinity Token (EFI) $26,893,206 169,857,481.27 EFI
Band Protocol (BAND) $55,482,529 35,191,821.00 BAND

*All prices are latest by 11:30, 25 June 2022.

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