Cryptocurrency prices on June 17: Bitcoin holds steady above $66,000 as market sees mixed movement
cryptocurrency tokens was mixed. Bitcoin, Ethereum, Solana, XRP, Toncoin, and Tron saw gains of up to 1.5%. Meanwhile, BNB, Dogecoin, Shiba Inu, Cardano, Avalanche, Uniswap, and Chainlink experienced losses of up to 4%.
Meanwhile, the global cryptocurrency market cap declined by 0.09% to around $2.42 trillion in the last 24 hours.
Bitcoin was up 0.1% at $66,241 as of 11:45 a.m., while Ethereum was above the $3,550 level.
«Bitcoin's price movement is currently influenced by the recent decision of the Federal Open Market Committee (FOMC) which is set to maintain the target range for the federal funds rate which is causing a lull in market movements,» said Rajagopal Menon, Vice President, WazirX.
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View Details»Edul Patel, CEO of Mudrex, noted, «Bitcoin's closest support level lies at $64,825, while the next resistance point awaits at $66,978. The overall sentiment in the market continues to point to greed.»
The volume of all stablecoins is now $44.12 billion, which is 90.87% of the total crypto market 24-hour volume, according to CoinMarketCap.
