Digital Asset Insights 27.06.23

Bitcoin (BTC)

digitalassetinsights_bitcoin

Starting on June 19, Bitcoin opened at $26,845.9, showing an increase of 1.92% within the day, reaching a high of $27,029.7. However, it also encountered a low of $26,295.1 during this period. Trading volume remained relatively moderate at 46.45K.

 

The following day, June 20, Bitcoin’s price continued to rise, opening at $28,307.7, marking a 5.44% increase compared to the previous day. It achieved a peak of $28,393.0 and saw a trading volume of 100.55K. This surge sparked enthusiasm among investors.

 

June 21 saw Bitcoin reach its highest point during this period, starting at $29,996.9. The cryptocurrency experienced significant growth of 5.97%, breaking the $30,000 barrier and peaking at $30,769.5. Trading volume rose substantially to 143.49K, indicating increased market activity.

 

However, the upward trend did not persist. On June 22, Bitcoin’s price dipped to $29,890.5, with a decrease of 0.35% from the previous day. The cryptocurrency struggled to maintain its momentum, reaching a low of $29,590.4. Trading volume remained steady at 79.22K.

 

June 23 brought a reversal of fortunes as Bitcoin experienced a slight recovery. Opening at $30,679.4, it recorded a 2.64% increase, demonstrating renewed investor confidence. The digital asset reached a high of $31,395.4, with trading volume surging to 98.85K.

 

Continuing the volatile pattern, Bitcoin’s performance faltered on June 24. The cryptocurrency opened at $30,533.6, but a negative sentiment prevailed as it experienced a 0.48% decrease. The price dipped to $30,269.4, while trading volume remained relatively stable at 38.15K.

 

Ending the week on June 25, Bitcoin started at $30,465.3, showing a small loss of 0.22%. The price fluctuated throughout the day, ranging from $30,315.8 to $31,040.2. Trading volume stood at 37.12K.

Ethereum (ETH)

digitalassetinsights_etherum

On June 25, 2023, Ethereum opened at $1,898.80, showing a slight increase from the previous day’s closing price of $1,875.00. The coin reached a high of $1,929.61 before eventually settling at $1,869.28. Trading volume remained significant, with approximately 356.99K Ethereum tokens changing hands during the day. This represents a modest gain of 1.27% for the day.

 

The day prior, on June 24, Ethereum’s price began at $1,875.00 and experienced some volatility throughout the day. Despite reaching a high of $1,904.04, the cryptocurrency ultimately closed at $1,865.77, showing a decrease of 0.90% compared to the previous day. Trading volume stood at 239.37K, indicating active trading activity.

 

June 23 saw Ethereum opening at $1,891.97, and the coin exhibited a positive trend during the day. The price fluctuated between a low of $1,872.29 and a high of $1,932.23, ultimately closing at $1,864.60. The trading volume remained relatively high at 428.03K, showcasing strong market participation. Overall, Ethereum experienced a gain of 1.05% on that day.

 

On June 22, Ethereum began trading at $1,872.32, but the coin struggled to maintain positive momentum. It reached a high of $1,889.87 but then faced a downward trend, closing at $1,866.66. The trading volume remained robust at 438.75K, indicating active market engagement. Ethereum experienced a decrease of 0.93% compared to the previous day.

 

June 21 witnessed a significant surge in Ethereum’s price, starting at $1,889.87 and reaching a high of $1,899.11. The cryptocurrency closed at $1,787.59, showing a gain of 5.48% for the day. Trading volume soared to 653.63K, highlighting heightened market activity and investor interest.

Ethereum’s price on June 20 opened at $1,791.61 and experienced a moderate decline throughout the day. The coin reached a low of $1,737.06 before closing at $1,715.20. Despite the decrease, Ethereum still recorded a gain of 3.14% for the day. Trading volume remained robust at 359.77K.

 

Finally, on June 19, Ethereum started the week with an opening price of $1,737.06. It fluctuated between a low of $1,720.98 and a high of $1,748.05, ultimately closing at $1,706.40. The trading volume was relatively lower at 263.64K. Ethereum experienced a modest gain of 0.93% for the day.

Ripple (XRP)

digitalassetinsights_ripple

On June 24th, Ripple opened at $0.48660, reaching a daily high of $0.49601 before sliding to a low of $0.48081. The day closed with a decline of 1.88%, leaving investors cautious about the future trajectory of the digital asset. Trading volume on that day reached 263.36 million XRP tokens, indicating active participation from traders.

 

The preceding day, June 23rd, witnessed Ripple opening at $0.49592 and reaching a high of $0.50199. However, the price settled at $0.48499, reflecting a modest increase of 0.39%. Notably, the trading volume on June 23rd soared to 452.44 million XRP tokens, signaling heightened market activity.

 

The market performance on June 22nd demonstrated a decline in Ripple’s price, starting at $0.49401 and reaching a high of $0.52700. However, the cryptocurrency closed at $0.48823, representing a 1.19% drop. The trading volume on that day reached an impressive 599.84 million XRP tokens, indicating significant market participation.

 

June 21st saw a minor rebound for Ripple, as the cryptocurrency opened at $0.49995. It experienced a daily high of $0.50331 before closing at $0.48930, marking a modest gain of 1.47%. The trading volume for that day stood at 549.21 million XRP tokens, suggesting sustained interest from investors.

 

On June 20th, Ripple experienced a relatively stable trading day. Opening at $0.49270, the cryptocurrency maintained a narrow price range throughout the day, with a high of $0.49634 and a low of $0.47303. The day closed with a marginal decline of 0.14%, and the trading volume reached 485.59 million XRP tokens.

 

Lastly, on June 19th, Ripple opened at $0.49341 and reached a high of $0.49818. It closed the day at $0.48263, reflecting a gain of 1.32%. The trading volume on June 19th amounted to 412.31 million XRP tokens.

Cardano (ADA)

digitalassetinsights_cardano

Starting on June 19, Cardano opened at $0.2634, showing a modest increase of 0.93% within the day, reaching a high of $0.2635. However, it also experienced a low of $0.2573 during this period. The trading volume remained relatively moderate at 81.24M.

 

The following day, June 20, Cardano’s price continued to rise, opening at $0.2704, indicating a 2.66% increase compared to the previous day. It reached a peak of $0.2705 and witnessed a trading volume of 126.06M. This upward trend sparked optimism among investors.

 

June 21 brought a significant surge in Cardano’s value, as the cryptocurrency opened at $0.2864, marking an impressive growth of 5.92%. It surpassed the $0.28 mark, peaking at $0.2889. Trading volume rose substantially to 211.34M, signifying heightened market activity.

 

However, the bullish trend encountered resistance on June 22, as Cardano’s price dipped to $0.2900, experiencing a 1.25% decrease from the previous day. The cryptocurrency struggled to maintain momentum, reaching a low of $0.2857. Trading volume remained elevated at 191.45M.

 

June 23 brought a partial recovery for Cardano. Opening at $0.2963, it recorded a 2.17% increase, instilling renewed confidence in investors. The digital asset reached a high of $0.3022, while trading volume surged to 133.08M.

 

The positive sentiment did not continue on June 24, as Cardano’s price encountered a decline. Opening at $0.2894, the cryptocurrency experienced a 2.32% decrease. It dipped to $0.2848, while trading volume remained relatively stable at 103.50M.

 

Wrapping up the week on June 25, Cardano opened at $0.2920, showing a slight gain of 0.89%. The price fluctuated throughout the day, ranging from $0.2885 to $0.3048. Trading volume stood at 118.40M.

Solana (SOL)

digitalassetinsights_solana

Starting on June 19, Solana opened at $16.102, showing a modest increase of 4.23% within the day, reaching a high of $16.130. However, it also experienced a low of $15.368 during this period. The trading volume remained relatively moderate at 2.41M.

 

The following day, June 20, Solana’s price continued to rise, opening at $16.633, indicating a 3.29% increase compared to the previous day. It reached a peak of $16.653 and witnessed a trading volume of 4.10M. This upward trend instilled optimism among investors.

 

June 21 brought further positive news as Solana’s value surged. Opening at $17.245, the cryptocurrency recorded a 3.68% growth. It surpassed the $17 mark, peaking at $17.402. Trading volume rose substantially to 5.53M, indicating heightened market activity.

 

However, on June 22, Solana faced a downward correction. Opening at $16.634, the cryptocurrency experienced a 3.55% decrease from the previous day. It struggled to maintain its momentum, reaching a low of $16.582. Trading volume remained relatively stable at 4.33M.

 

June 23 saw a partial recovery for Solana. Opening at $17.142, it recorded a 3.06% increase, restoring investor confidence. The digital asset reached a high of $17.512, while trading volume surged to 6.42M.

 

The positive sentiment did not persist on June 24, as Solana’s price encountered a decline. Opening at $16.642, the cryptocurrency experienced a 2.92% decrease. It dipped to $16.392, while trading volume remained relatively stable at 3.53M.

 

Wrapping up the week on June 25, Solana opened at $16.964, showing a slight gain of 1.94%. The price fluctuated throughout the day, ranging from $16.573 to $17.380. Trading volume stood at 3.45M.

Binance Coin (BNB)

digitalassetinsights_binancecoin

Starting on June 19, BNB opened at $243.00, experiencing a slight decrease of 0.45% within the day, reaching a high of $244.70. However, it also encountered a low of $238.89 during this period. The trading volume remained relatively moderate at 443.84K.

 

The following day, June 20, BNB’s price continued to rise, opening at $247.70, indicating a 1.94% increase compared to the previous day. It reached a peak of $247.99 and witnessed a trading volume of 667.12K. This upward trend sparked enthusiasm among traders.

 

June 21 brought stability to BNB’s value, as the cryptocurrency opened at $249.00, experiencing a modest 0.52% increase. It fluctuated within a range, with a high of $253.91 and a low of $245.20. Trading volume remained active at 1.05M, indicating continued market interest.

 

However, the bullish sentiment encountered resistance on June 22, as BNB’s price dipped to $240.80, experiencing a 3.29% decrease from the previous day. The cryptocurrency struggled to maintain momentum, reaching a low of $239.50. Trading volume remained relatively high at 1.07M.

 

June 23 brought a partial recovery for BNB. Opening at $244.20, it recorded a 1.41% increase, rekindling trader confidence. The digital asset reached a high of $249.38, while trading volume remained active at 667.76K.

 

The positive sentiment did not continue on June 24, as BNB’s price encountered a decline. Opening at $236.49, the cryptocurrency experienced a 3.16% decrease. It dipped to $231.10, while trading volume remained relatively high at 830.76K.

 

Wrapping up the week on June 25, BNB opened at $238.89, showing a slight gain of 1.01%. The price fluctuated throughout the day, ranging from $235.30 to $241.90. Trading volume stood at 544.58K.

The post Digital Asset Insights 27.06.23 first appeared on trademakers.

The post Digital Asset Insights 27.06.23 first appeared on JP Fund Services.

The post Digital Asset Insights 27.06.23 appeared first on JP Fund Services.