Friday, June 21, 2024

Cryptocurrency Prices Today 4 July 2022: Bitcoin is trading above $19000, here is the condition of the crypto market

Cryptocurrency Prices Today 4 July2022: The cryptocurrency market is seeing a boom today. In the last session, bitcoin had come down to $19,000 but today it saw an increase. During the last 24 hours, the world’s largest and popular cryptocurrency, bitcoin, was seen trading up 1 percent at $19,234.

The market cap of the cryptocurrency market remained below 1 trillion today. The biggest fall in the price of bitcoin this year. The price of bitcoin is down 58 percent this year. Bitcoin touched an all-time high of $69,900 in November 2021 but has since continued to decline.

The effect of the Federal Reserve raising interest rates and inflation in the US is visible on the crypto market. Ether, on the other hand, the cryptocurrency tied to the Ethereum blockchain, gained more than 1 percent to $1,073. It is at its lowest level of 15 months. It is the second largest cryptocurrency in the world.

Must Read: Top 4 Altcoins for Long Term Crypto Portfolios

Meanwhile, dogecoin rose 3% today and was seen at $ 0.06. Whereas, the Shiba Inu saw a slight uptick and was seen trading at $ 0.000010.

Price of other cryptocurrencies XRP, Solana, BNB, Litecoin, Stellar, Chainlink, Tron, Uniswap saw a rise in the price in the last 24 hours. At the same time, there was a decline in Polygon, Apecoin, Tether.

Remains Below $1 Trillion – The market cap of the global cryptocurrency market has seen a slight increase in the last 24 hours. The global cryptocurrency market has a market cap of $910 billion. It has been below $1 trillion several times in the past month. The market cap of the global crypto market was at its peak i.e. $2.9 trillion in November 2021 but this year it continues to decline.

Monesh Kumar
Monesh Kumar
Monesh Kumar is a cryptocurrency and blockchain enthusiast. He trades cryptocurrencies and holds some but he prefers holding Bitcoin, Ethereum & Cardano.

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