Top cryptocurrency prices after crypto (16th June): The global cryptocurrency market cap recovered 3.04 percent in the last 24 hours after falling below the $900 billion level yesterday. At the time of writing, the total crypto market cap was $958 billion while the global crypto market volume was $127 billion, up 28 percent over the last 24 hours, according to data on CoinMarketCap.
Following the announcement of interest rate hike by the US Federal reserve, the prices of top cryptos, including Bitcoin and Ethereum, have seen some recovery even as the market sentiments remain in the “extreme fear” zone.
Bitcoin dominance has dropped to 44.5 percent, according to data on CoinMarketCap, which tracks 19866 cryptos and 527 exchanges.
“Most cryptocurrencies rose after the Federal Reserve raised interest rates by 75 basis points which is the largest in three decades, on Wednesday. Bitcoin and Ethereum are up by nearly 3% and 2% from the previous day. BTC is down by 53% since the beginning...
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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...