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Top Crypto News: BTC Price Drops Below $30k as Market Sinks at $100 Billion

Top Crypto News

CRYPTO PRICES TODAY 

Price Trend  Price for June 04, 2022  Percentage change 
The global crypto  market cap  $1,222,606,018,776 
The total crypto market volume $62,333,580,969
Bitcoin Price $29,686.79 -2.50%
Ethereum Price  $1,766.98 -2.91%

*All prices are latest by 10:00 pm, 04 June 2022.

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

CRYPTO PRICE PREDICTION FOR THE DAY

TerraClassic (LUNC)

The TerraClassic price after a huge extended consolidation appears to have approached the apex of the consolidation. Therefore, a breakout seems to be fast approaching, yet the depleted volume may hinder the progress of the rally ahead. It is quite evident that the traders have now shifted their focus from the asset and hence even in case of a breakout, the intensity may be pretty less.

As the weekend is approaching fast, the asset may try hard to break above the current consolidation. The price could eventually rise above INR 0.0075, but for a short span of time and quickly drop back to the previous consolidation zone. Moreover, a rejection at these levels may eventually ignite a descending trend towards the lower support close to INR 0.0065.

Additional Read: TerraClassic Price Prediction in detail

TOP GAINERS AND LOSERS TODAY

TOP 3 CRYPTO GAINERS  

Crypto Price* Percentage Change
STP Network (STPT) INR 5.29 +23.07%
Helium (HNT) INR 723.26 +4.45%
MyNeighborAlice (ALICE) INR 236.26 +2.91%

*All prices are latest by 10:00 pm, 04 June 2022.

TOP 3 CRYPTO LOSERS 

Crypto Price* Percentage Change
Internet Computer (ICP) INR 639.38 -12.89%
Solana (SOL) INR 3,058.48 -8.03%
Synthetic Network Token (SNX) INR 218.45 -7.31%

*All prices are latest by 10:00 pm, 04 June 2022.

Crypto Market Buzz

Crypto market cap sinks at  $100B in 3 Days as Bitcoin slipped below $30k

The crypto analyst’s prediction of Bitcoin falling below $30k has become a reality. Amidst the crypto crash, the golden asset falling below 30k has wiped off a major pie of the crypto market. The asset spiked to $ 32,000 which kept the holders’ faith intact, but little did they know that the figure had a short life span. 

Source: Crypto Potato

Web3 News Global

Alchemy announces support for Solana applications the day after blockchain halted

Alchemy extended support to the Solana blockchain just the day after the chain was down for almost four hours. Reportedly there was a bug in the network that caused the chain to go down and this wasn’t the first time it happened. Solana has faced downtime issues a couple of times this year. Alchemy has supported a few platforms like Opensea and Aave – the famous DeFi platform with software support. In addition, the new integration has continued to keep developers’ faith in the ecosystem despite the oscillating value of SOL. 

Source: Cointelegraph

Kiya.ai launches India’s first banking metaverse, ‘Kiyaverse’ 

Kiya.ai, a digital solutions provider announced the launch of India’s first-ever banking metaverse named ‘Kiyaverse’ this Wednesday. The platform has plans to launch tokens as NFTs and support CBDCs’ to enable open finance in a Web3.0 environment. The AI enterprise plans to allow banks to extend their own metaverse for clients, partners, and employees in its first phase. 

Source: The Financial Express

NEW COIN LISTING ON COINDCX 

New Coin Market Capitalization Circulating Supply
SKALE Network (SKL) $232,385,694 3.53B SKL
Livepeer (LPT) $286,626,095 23,933,864.92 LPT
Moonbeam (GLMR) $358,691,639 275,971,147.00 GLMR
STEPN (GMT) $603,983,216 600,000,000.00 GMT

*All prices are latest by 10:00 pm, 04 June 2022.

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