$XRP 30-day loss is now at -46.9% while $DOT is slowly catching up at -45.5%! It is important to note that only $HEX is profitable as of the moment at a bullish +65.8% growth over the last 30 days.
$HEX Remains Positive Despite Bullsih Month
As of the moment, $HEX is the only coin that holds a positive change over the last 30 days. However, in the last 24 hours, there has started to be some small bullish increases coming from other coins. While Bitcoin still had a negative change over the last 24 hours, seven out of the top 10 coins actually came back with positive changes.
As of the moment, the market has undergone a lot of changes. Just recently, China decided to crack down on cryptocurrency miners. For those that don't know, the reason why China's crackdown on cryptocurrency has a direct impact on Bitcoin is because 65% of Bitcoin mining is done in China according to CNBC.
$USDC Freshly Minted
WhaleBot Alerts shows a lot of movement being made by crypto whales transferring millions of $USDC from "Unknown" to "Unknown." In the past 24 hours of June 18, 2021, there has been 15,100,415 $USDC burned from the treasury to "Unknown." 16,100,300 $USDC was also spotted transferring from "FTX" to "Unknown."
As of the moment, there are seven cryptocurrencies that went bullish in the past 24 hours. Although not all cryptocurrencies are bullish as of the moment, this is still a refreshing sight especially with the recent bearish market traders have been seeing for about a month now.
Here are the top 7 coins that went bullish in the past 24 hours:
1. $HEX
Price: $0.09
24 hour percentage change: +10.2%
7 day percentage change:+26.1%
30 day percentage change: +65.8%
2. $BNB
Price: $352.99
24 hour percentage change: +1.7%
7 day percentage change: +0.01%
30 day percentage change: -30.6%
3. $XRP
Price: $0.84
24 hour percentage change: +1.2%
7 day percentage change: -3.2%
30 day percentage change: -46.9%
4. $ETH
Price: $2,376
24 hour percentage change: 0.4%
7 day percentage change: -0.4%
30 day percentage change: -29.8%
5. $ADA
Price: $1.48
24 hour percentage change: +0.1%
7 day percentage change: -3.1%
30 day percentage change: -26.6%
6. $USDT
Price: $1.00
24 hour percentage change: +0.1%
7 day percentage change: -0.1%
30 day percentage change: -0.2%
7. $USDC
Price: $1.00
24 hour percentage change: +0.1%
7 day percentage change: -0.0%
30 day percentage change: -0.1%
Although these coins might have managed to grow during the past 24 hours, there are three other coins whose prices have sunk during the past 24 hours. It seems like $DOT is now the top loser during the past 24 hours as the price shrinked more than the other two coins.
Here are the top 3 coins that went bearish during the last 24 hours:
1. $DOT
Price: $22.50
24 hour percentage change: -2.3%
7 day percentage change: -0.8%
30 day percentage change: -35.5%
9. $BTC
Price: $38,106
24 hour percentage change: -0.6%
7 day percentage change: 3.8%
30 day percentage change: -11.5%
10. $DOGE
Price: $0.31
24 hour percentage change: -0.4%
7 day percentage change: -6.7%
30 day percentage change: -35.9%
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FEAR Market - Not Alt Season
The market, as of the moment, is filled with FEAR as traders are still selling off their coins in fear that the prices could go lower. With the seven out of the top 10 cryptocurrencies going bullish in the last 24 hours, however, this could show a shift in direction for the crypto market.
It is also imporant to note that it is technically not alt season since even alt coins are still struggling as of the moment. Although Bitcoin remains bearish and other alt coins have started to become bullish, it is still too early to say if it is alt season or if the market is going up.
Related Article: China Cryptocurrency Crackdown on 1,100 'Money Laundering' Crypto Farmers Receiving 1.5-5% Commissions
This article is owned by Tech Times
Written by Urian B.
