Crypto As Ethereum And Cardano Drop, Luna Drops Hard While Tron Rises

Bitcoin (BTC) attempted a further breakout last night, but then fell back. However, many altcoins are already falling harder, indicating that investors are still wary of more risky assets. Despite this, it has remained relatively quiet in the past 24 hours. The total market cap of all cryptocurrencies is down less than 1% to $1.36 trillion.

📈Market Overview#BTC price trades above $31K

The Top 10 are traded in different directions $SOL -5.5%, $BNB +0.5%, $XRP +0.3%

Market cap: $1.38T (-0.82%) $BTC dominance: 43.62% (+0.32%)
Fear & Greed Index: 17 (Extreme Fear)

Full Report👉https://t.co/qfXAYncC63 pic.twitter.com/gQsRtTBFR3

— CryptoRank Platform (@CryptoRank_io) June 1, 2022

Ethereum drops 1.7%

Ethereum (ETH) was rejected as early as $2,000 Monday night, but then held steady above $1,965. Yesterday afternoon, ETH first dipped to $1,940 before the price bounced and briefly touched $2,000 again. However, ETH immediately dropped back to $1,940 but found support here again. However, early this morning, ether is dropping below this and this support appears to be turning back into resistance. ETH stands at $1,936 at the time of writing, down 1.6% today.

BNB, DOGE, DOT, XRP hold up better

Binance coin (BNB) is holding up a little stronger, but is falling back below $320 this morning and is back at the same price as 24 hours ago at $319. Dogecoin (DOGE) is currently hovering around $0.86, also the same price it was 24 hours ago. Polkadot (DOT) has fluctuated back and forth between $10.1 and $10.5 in the past 24 hours. With a price of $10.3, DOT is currently trading slightly lower than it was 24 hours ago. Ripple (XRP) failed to break through $0.425 last night and dropped to $0.417 this morning, marking a 0.7% loss.

SHIB, SOL, AVAX, ADA fall sharply again

Shiba inu (SHIB) is holding less strongly this morning, falling 1.3% to $0.0000116. Solana (SOL) is already down 3% and is falling back to $45. Avalanche (AVAX) is even down 4% and comes in at $25.8. Cardano (ADA) made a huge jump yesterday, but is correcting 7.6% back to $0.6 today.

Tron strongest riser

Tron (TRX) is on the rise again. TRX currently stands at $0.087 and is up 7.8% today. TRX is therefore even the strongest riser of the entire top 100 crypto.

Crypto top 100 hardest fallers

Gala (GALA), fantom (FTM), decentraland (MANA), convex finance (CVX) and flow (FLOW) are about 3% in the min. Thorchain (RUNE), stepn (GMT) and near (NEAR) are 4% in the min. Everdome (EVER) Decreases by almost 8% and axie infinity (AXS) by 9%.

Terra (LUNA) drops back to $7 and is down as much as 16%. Terra luna classic (LUNC) is also 9% down today.

Crypto top 100 hardest risers

Helium (HNT), graph (GRT) and dash (DASH) are up 3%. Kucoin (KCS), iota (MIOTA), barrel ring (LRC), radix (RDX) and chiliz (CHZ) rose 4% in the past 24 hours. Theta fuel (TFUEL) is 6% in the plus and kusama (KSM) 7%.

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