Crypto crash news update (12th June): The global crypto market cap has crashed to $1.10 trillion, down by over 8 percent in the last one day. At the time of writing, almost every top crypto was in the red with prices of many losing over 10 percent in the last 24 hours, according to CoinMarketCap data (9.25 am). Bitcoin (BTC) price has dropped by 6.29 percent in the last 24 hours to $27,454. The good news, however, for Bitcoin investors is that the top crypto’s dominance has increased by nearly 1 percent to 47.66 percent of the total crypto market. In the last 7 days, Bitcoin price has decreased by 7.71 percent.
Meanwhile, the total cryptocurrency market volume over the last 24 hours increased by 26.51 percent to $84.33 billion, indicating investors are selling their crypto holdings. The total volume in DeFi was $6.74 billion, which is 7.99 percent of the total crypto market 24-hour volume. Stable coins volume was $72.33 billion, which is 85.77 percent of the total crypto market...
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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...