Global’s Biggest Exchange is Astonished by the Mysterious $1.88 Billion Bitcoin Transfer
On Monday, the prices of Bitcoin, Ethereum, and other cryptocurrencies fluctuated. The market value of all cryptocurrencies was $1.14 trillion, with $23.1 billion worth of transactions over the previous day.
Bitcoin
The biggest and most well-known virtual currency in the world, Bitcoin, increased 0.1 percent to $27,072. It was valued at $524.7 billion on the market. A $10 billion trade volume was involved.
If purchasers are successful in keeping the price of Bitcoin above its current level, an eventual upward trend towards the $27,350 and later the $27,500 region may be anticipated. However, if the resistance cannot be overcome, the negative trend can persist. Investors are now eagerly awaiting the release of the upcoming FOMC meeting minutes, slated for June 14th, as the significant data events from the prior week have now passed us by.
Ethereum
Ethererum is the second-largest virtual currency, decreased 0.2 percent to $1,886.7 and has a $226.6 billion market capitalization. In the previous day, $4.1 billion worth of Ethereum was traded.
Dogecoin
The virtual currency Dogecoin, which is based on memes, was last down 0.9 percent on Monday. It had a market value of $10 billion. There were $144.3 million worth of transactions.
Shiba Inu
With a $5.1 billion market capitalization, Shiba Inu gains 0.8 percent. In the last 24 hours, there were $66 million worth of transactions.
Solana
Solana increased 3.2 percent to $21.9 and now has a $8.7 billion market cap. In the previous 24 hours, Solana saw $337.2 million in trading.
Polygon
Polygon fell 1.2 percent with a market capitalisation of $8.3 billion. The trade volume was $195.2 million in the last 24 hours.