Cryptocurrencies like bitcoin BTCUSD, +3.33% and ether ETHUSD, +4.30% have exploded in popularity in recent years, and are now traded by both individual investors and large companies like Tesla TSLA, 0.01% and Citibank.
The total market cap for all crypto nearly hit $3 trillion during parts of 2021 and companies like Robinhood HOOD, -0.28%, Coinbase COIN, +2.91% and Crypto.com capitalized on higher volume of crypto trading. Since then, a crypto winter has taken shape and the total global crypto market cap moved below $1 trillion in June 2022, according to CoinMarketCap.
As the interest in crypto continues to rise, so, of course, does the interest in crypto prices.
Here’s how crypto prices changed in June 2022:
Bitcoin
Prices for bitcoin dropped 34.76% lower during June, continuing a soft 2022 for the crypto.
“Thanks to the rebound in U.S. stock markets and the fall in U.S. yields, Bitcoin looks to have traced out a low of around $18,000 for now,” Jeffrey Halley, an analyst at broker...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...