NEW YORK, June 7 (FintechZoom) – Crypto Market tumbled this session. On average the best cryptocurrencies (BTC and ETH) during the last day registered a -3.27% variation.
Due to the recent news in the crypto industry, the market feels a Neutral market sentiment. The analysts’ outlook for the medium term and long term respectively is Strong Selland Strong Sell.
Top Crypto of the market (per market cap) closed with a dismal result with most of them in red. On average in the market session today, cryptocurrencies lost-16.80% points.
Bitcoin decreased its value by -4.71% being traded now at 29.834$. In the last session, BTC varied by -1475.3. Bitcoin performance so far is downbeat: its YTD value has dropped by -35.43%.
Ethereum slipped in today’s session, being traded now at 1775.18$. ETH Performance this year has been mainly negative. Ethereum variation today is -4.50% or -83.67%. It brings YTD performance to -51.68%.
The LTC/USD pair is down 1.40% on the day. Prices had been clinging to support around the $63 mark, but today’s sell-off has taken them below that level. The next support level to watch is $58.
If you’re keeping an eye on the markets, you’ll know that ADA/USD is down by 0.08%. While this may not seem like much, it’s something to keep an eye on if you’re invested in cryptocurrency.
The pDOT/USD rate has dropped by 4.33%, now at 9.060$.
