Crypto like Ethereum, Cardano and XRP attempt breakout, but fall again
Bitcoin (BTC) was able to recover slightly yesterday and most altcoins are also turning green today after the big plunge earlier this week. Despite this, it has remained calm in the past 24 hours and most cryptocurrencies are only...
Bitcoin (BTC) was able to recover slightly yesterday and most altcoins are also turning green today after the big plunge earlier this week. Despite this, it has remained calm in the past 24 hours and most cryptocurrencies are only cautiously turning green. Many crypto attempted another breakout last night, but were rejected and plummeted all the way back this morning. Total market cap is up less than 1% to $1.31 trillion.
📈Market Overview#BTC price trades above $30K
The Top 10 are traded in the green zone $ADA +5.4%, $SOL +4.4%, $DOT +4.2%
Market cap: $1.33T (+2.08%) $BTC dominance: 43.76% (+0.34%)
Fear & Greed Index: 10 (Extreme Fear)
Full Report👉https://t.co/FJC3Pue7YY pic.twitter.com/OraPjAHW5s
— CryptoRank Platform (@CryptoRank_io) June 3, 2022
Ethereum drops 0.7%
Ethereum (ETH) failed to break $2,000 this week and briefly dipped below $1,800 again on Wednesday evening. Since then, ETH has continued to hover between $1,800 and $1,845. ETH briefly dipped as low as $1,790 yesterday afternoon, then bounced right back, only to reach $1,845 by mid-night. ETH slumped as low as $1,815 this morning and is down 0.7% today.
the total $ETH staked in the #Ethereum 2.0 contract continues to climb.
About 12,764M $ETH has been staked by 398k unique validators. This is 10.73% of the circulating supply.
Since 1-May, 19.8k additional validators have staked, and come online.
chart: https://t.co/kIzYCHntrU pic.twitter.com/z1ANTziXWu
— glassnode (@glassnode) June 2, 2022
SHIB, BNB, ADA cautiously in the plus
The rest of the top 10 largest altcoins (without stablecoins) are cautiously green. Shiba inu (SHIB) is up 0.5% and appears to be holding steady above $0.000011 for now. Binance coin (BNB) is also 0.5% in the plus and is still around $305. Cardano (ADA) has been mostly just below USD 0.59 for the past 24 hours and failed to break USD 0.6 early this morning. ADA is up 0.8%.
SOL, AVAX, DOGE rise a little faster
Solana (SOL) initially dipped below $40 for a while yesterday and then started to recover slightly. However, the price did not go beyond $41.5 and SOL falls to $40.2 this morning, which means that the price is 1% in the plus. Avalance (AVAX) is also up 1%, but was rejected last night at $25 and the $24 isn’t looking very stable. Dogecoin (DOGE) is currently hovering around $0.082 with which the price is 1.5% in the plus.
XRP, TRX, DOT rise strongest
Ripple (XRP) tested 0.41 last night but also failed to break through and is currently falling back to USD 0.404. Nevertheless, XRP is still 2% in the plus today. Tron (TRX) failed to break through $0.086 and is currently falling below $0.085 but is still up 2.3%. Polkadot (DOT) was able to rise sharply last night, making it the strongest riser today among the largest crypto. Despite this, DOT was unable to break through $10 last night, but seems to be holding up for now at $9.8, bringing the price up 3%.
Crypto top 100 hardest fallers
The rest of the top 100 also remained relatively calm in the past 24 hours. Quant (QNT) is down 2%, kusama (KSM) and convex finance (CVX) are down 2.5% and kava (KAVA) is down 4%. Maker (MKR) is 5% in the min and chain (XCN) 6%. BitDAO (BIT) is currently plummeting and is down as much as 15%.
Crypto top 100 hardest risers
On the green side we find axie infinity (AXS), ecash (XEC), neo (NEO), terra luna classic (LUNC), graph (GRT), monero (XMR), tezos (XTZ), aave (AAVE) and kucoin (KCS) all about 2% in the plus. Decentraland (MANA), theta fuel (TFUEL), stepn (GMT), elrond (EGLD) and waves (WAVES) are up about 3%
Stellar (XLM) and bitcoin sv (BSV) are up 6% in the past 24 hours. Iota (MIOTA) is 7% in the plus and dfinity’s internet computer (ICP) is today the big winner from the top 100 and is almost 11% in the green.
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⚡️Trending Searches by @CoinGecko
June 3, 2022$OP $EVMOS $LUNC $SOL $RSR $GMT $BNB $ADA $AVAX $FTM pic.twitter.com/RlPcmyhmBp
— 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep) June 3, 2022
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