Coin Gabbar Cryptocurrency Price Update ( 1 June 2022)

 

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Latest Cryptocurrency Price Update (1,June): BTC remains above $31,500 and ETH struggling to break $2,000 level.

After another round of losses in recent days, the global crypto market cap has recovered. According to CoinGabbar, the crypto market cap was $1.301 trillion at the time of writing, down 0.78 per cent from the previous day.

Following a catastrophic breakdown and widespread dread, the crypto market has been unable to rebound for several weeks, being stuck in the $1.20-$1.31 trillion region, with experts predicting that the bull run phase will take longer this time.

Meanwhile, the price of Bitcoin (BTC) is consolidating between $31,500-$32,500, currently fall by 0.5 per cent in the last 24 hours, creating a doji candle in day time frame.

Over the last 24 hours, the entire cryptocurrency market volume declined by 4.6 per cent to $87.23 billion. The overall volume in DeFi was fall by 5.32% to $7.83 billion, or 9.01 per cent of the total 24-hour volume in the crypto market. The 24-hour volume of stable coins was $60.5 billion, accounting for 69.35 per cent of the total crypto market volume.

Bitcoin’s dominance as top crypto asset is currently at 46.79% . In the last seven days, the price of Bitcoin has declined by 0.5 percent. Bitcoin was worth $31,512 at the time of writing.

Top Crypto Rates

Ethereum (ETH): Ethereum price fall by 0.91% to $1923 in the last 24 hours. In the last 7 days, ETH price has rise by 2.81%. Ranked 2nd as market capitalization at CoinGabbar.

Binance (BNB): Binance Chain coin’s price fall by 0.69% to $318 in the last 24 hours. In the last 7 days, BNB price has fall by 2.95%. Ranked 5th as market capitalization at CoinGabbar.

XRP: XRP coin’s price fall by 1.01% to $0.4175 in the last 24 hours. In the last 7 days, XRP price has decreased by 1.77%. Ranked 7th as market capitalization at CoinGabbar.

Solana (SOL): Solana price fall by 2.86% to $44.48 in the last 24 hours. In the last 7 days, SOL price has decreased by 10.59%. Ranked 9th as market capitalization at CoinGabbar.

Cardano (ADA): Cardano token’s price fall by 4.46% to $0.5980 In the last 24 hours. In the last 7 days, ADA price has fall by 10.2%. Ranked 6th as market capitalization at CoinGabbar.

Popular memecoin Dogecoin’s (DOGE) price fall by 0.3% in the last 24 hours. Ranked 11th as market capitalization at CoinGabbar.

Prices of Polkadot (DOT) fall by 1.64% to $10.18 while  Avalanche (AVAX) increased by 3.82% to $25.38. Ranked 10th and 15th as market capitalization at CoinGabbar.

Polygon (Matic) price fall by 3.17% to $0.642 in the last 24 hours. Ranked 21th as market capitalization at CoinGabbar.