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Analysis

πŸ“ˆ Market Overview

  • June 17, 2021

Bitcoin dropped closer to a key support level and the Dow and the S&P 500 pulled back after the Federal Reserve moved forward its plan for 2 interest rate hikes in 2023. Bitcoin price was already seeing weakness in the early trading hours after losing the $40,000 level to mark an intra-day low at $38,300. The Dow and S&P 500 also pulled back 0.77% and 0.54% respectively.

The Top-10 cryptocurrencies are traded in the red zone. Ethereum -3.9%, Uniswap -3.0%, Cardano -2.2%.

Market capitalization: $1.66T (-2.46%)
The BTC dominance: 43.73% (-1.15%)
Fear & Greed Index: 21 (Extreme Fear)

https://cryptorank.io/heatmaps

πŸ‘‰ Top Gainers

Ripio Credit Network (RCN) +119.8%
MASS (MASS) +68.8%
O3 Swap (O3) +55.1%

πŸ‘‰ Top Losers

ReddCoin (RDD) -27.2%
Konomi Network (KONO) -22.9%
Maro (MARO) -22.3%

BTC Futures

Aggregated Volume β€” $65.83B
Aggregated Open Interest β€” $10.93B

πŸ‘‰ Derivatives Market Analytics


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Recent Posts
  • Istanbul Blockchain Week Launches Institutional Markets Summit: Pioneering Institutional Adoption of Digital Assets
  • HSC Hack Seasons Conference Cannes Unites Institutional Capital and Web3 Leaders to the French Riviera
  • Trescon Marks Ten Years as One of MENA Region’s Most Trusted Event Partners for Future-Focused Platforms
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