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Top Crypto News: Bitcoin Price Dips Below $18,000

Top Crypto News

CRYPTO PRICES TODAY 

Price Trend  Price for June 19, 2022  Percentage change 
The global crypto  market cap  $817,958,535,907.31
The total crypto market volume $91,832,467,772.64
Bitcoin Price $18,222.85 -10.84%
Ethereum Price  $955.47 -11.39%

*All prices are latest by 11:00, 19 June 2022.

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

CRYPTO PRICE PREDICTION FOR THE DAY

Stacks (STX)

Stacks’ price dropped hard immediately after its inception as the bears had dominated the crypto space to a large extent. However, after plunging hard by more than 70%, the asset ignited with a significant upswing to reach above INR 200. The asset consolidated for some time and dropped hard since the beginning of the yearly trade.

The Stacks price is currently trading at the lowermost levels since its inception, while the bears still appear to be more prominent. And hence the bearish action is expected to drag the price much lower than the current levels around INR 26. The price could plunge below INR 20 and if the bulls jump back in action may rise high, else consolidate for some time.

A flip may ignite a significant upswing to reach the immediate strong resistance at INR 48, clearing which may enable the asset to hover around INR 55 to INR 60 by the year-end.

Additional Read: STX Price Prediction in Detail

TOP GAINERS AND LOSERS TODAY

TOP 3 CRYPTO GAINERS  

Crypto Price* Percentage Change
XDC Network (XDC) INR 2.50 +13.59%
MyNeigborAlic (ALICE) INR 175.11 +6.58%
Quant (QNT) INR  3,893.59 +1.36%

*All prices are latest by 11:00, 19 June 2022.

TOP 3 CRYPTO LOSERS 

Crypto Price* Percentage Change
Aave (AAVE) INR 3,876.86 -7.17%
Polygon (MATIC) INR 27.42 -8.03%
Elrond eGold (EGLD) INR 3,629.69 -15.01%

*All prices are latest by 11:00, 19 June 2022.

Crypto Market Buzz

Bitcoin dips below $18k after surpassing the 2017 High

The golden coin has been struggling to maintain its place at the top after it fell from $ 30k. Bitcoin has breached the 2017 high and has slipped to 18,000 making a loss of 30% of the U.S Dollar. After the Federal Reserve raised the interest rate to 0.75% the largest hike since 1994. 

Source: Bitcoin Magazine 

Russia’s third-largest oil enterprise is all set to offer power to BTC mining farms

Despite the debate whether the Proof of Work consensus should be barred or not, many enterprises are joining the mining rig. Gazpromneft and BitRiver have signed up to power  BTC mining farms and operations at oil fields at the International Economic Forum in St Petersburg. Bitriver will build data centers while Gazpromneft will extend Flared as a source of power. The firm plans to build data centers for power-intensive computing of up to 2 gigawatts, including associated petroleum gas. 

Source: Finbold

Web3 News Global

Meta partners with three fashion labels, launches a marketplace.

Mark Zuckerberg confirms the launch of a fashion marketplace. The firm signs Balenciaga, Prada and Thom Browne. These labels will sell their avatars in the marketplace. Mark confirmed the partnership last Friday during an Instagram Live session and even critiqued the art pieces. 

Source: The Block

NEW COIN LISTING ON COINDCX 

New Coin Market Capitalization Circulating Supply
SKALE Network (SKL) $162,314,740 3.53B SKL
Livepeer (LPT) $161,262,563 24,028,020.10 LPT
Efinity Token (EFI) $22,181,510 169,857,481.27 EFI
Band Protocol (BAND) $43,434,555 35,191,821.00 BAND

*All prices are latest by 11:00, 19 June 2022.

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