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Bitcoin continues to fall and approaches USD $20,000 as Ethereum hovers around USD $1,000 on June 15

June 15, 2022
Reading Time: 5 mins read
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What is Bitcoin?

Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.

What is Ethereum?

Ethereum is a smart contract platform that enables developers to build tokens and decentralized applications (dapps). ETH is the native currency for the Ethereum platform and also works as the transaction fees to miners on the Ethereum network. Ethereum is the pioneer for blockchain based smart contracts.

Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. y Ethereum a decentralized open-source blockchain with smart contracts functionality. are approaching very low levels on June 15, with these being the key measures pointed out by many less optimistic analysts about the current market an area or arena, online or offline, in which commercial dealings are conducted. situation.

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***

Analysis sponsored by EurocoinPay
Analysis sponsored by EurocoinPay
  • BTC continues to fall and loses another 7.9%.
  • Its price is approaching the USD $20,000 per unit barrier.
  • ETH also falls and drops more than 11%.
  • It reached lows near USD $1,025 per unit.
  • Crypto market continues to decline.

It seems that the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. market still shows no clear signs of recovery, which is why Bitcoin and the main cryptocurrencies are still falling on June 15th, reaching levels that may be worrying for many investors and enthusiasts with less experience in the sector.

Bitcoin approaches USD $20,000 this June 15

As usual we start with Bitcoin (BTC), the main currency currency is a medium of exchange that defines value. of the crypto ecosystem and the most important reference of the market, which continues to fall this June 15 and recorded losses of 7.98% in the last 24 hours, trading at the time of publication at about USD $ 20,675 per unit.

According to the data published in our section CryptoMarkets and in CoinMarketCap , despite the fact that at this hour Bitcoin The price rose slightly and managed to retake the USD $21,000 level, a few minutes ago it was trading at around USD $20,640, a level considered critical by many analysts with a bearish view of the market. It is worth noting that the digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency hit its lowest point between 5:00am and 6:00am (New York time) when it touched USD $20,178 per unit.

Bitcoin price evolution this June 15th
Bitcoin price evolution this June 15th

Ethereum is approaching USD $1,000

But not only Bitcoin reached critical levels during this day, since the Ethereum (ETH) despite registering an 11.4% drop and trading at around $1,080 per unit at this hour, it also dropped to levels that many are concerned about.

In this case, market data reflect that each unit of ETH was quoted at around USD $1,025 at its lowest point, also coinciding with the hours in which it Bitcoin also hit its lows for the day.

Ethereum price performance on June 15
Ethereum price performance on June 15

Current state of the crypto market

As expected, the fall was also felt among the main cryptocurrencies in the market, which are also going down for this June 15:

  • Polygon (MATIC) and Monero (XMR) caen con fuerza y pierden más de un 10% en las últimas 24 horas.
  • Polkadot (DOT) y Avalanche (AVAX) are down between 4% and 6%.
  • The rest of the market is down with falls of between 2% and 4%.

The most important news of the day

Below, we share with readers some of the most read news in the last 24 hours:

  • Former BitMEX CEO Arthur Hayes says if Bitcoin dips below USD $20,000 “better get your prayer book out to Lord Satoshi”
  • Tether pledges to reduce its commercial paper reserves to zero, denies exposure to Celsius
  • SEC Chairman Gary Gensler criticizes crypto bill sent to U.S. Congress
  • Kevin O’Leary, star of Shark Tank, thinks cryptocurrencies won’t hit bottom unless a “panic event” hits

To buy cryptocurrencies through DiarioBitcoin

We understand that this is a complex and especially sensitive time in the cryptocurrency market, but if you are one of the people who see opportunities with the current prices, we remind you that our section CryptoMarkets buttons are now available for you to buy your favorite digital currencies.

If you wish to purchase Bitcoin ( BTC ), prefer to buy Ethereum ( ETH ) or want to get someTether ( USDT ), all you have to do is access our website CryptoMarkets and click on the currency of interest. In addition to viewing its price, evolution and other market data, you will also find a buy button that will take you to a exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. reputable in which to do business.

Buy your favorite cryptocurrencies via DiarioBitcoin
Buy your favorite cryptocurrencies through the buy button in DiarioBitcoin

We recommend everyone to be very attentive as this possibility will be added soon for a greater number of digital currencies.


With information from CryptoMarkets DailyBitcoin y CoinMarketCap

Analysis sponsored by EurocoinPay

Reporte de Angel Di Matteo / DiarioBitcoin

Imagen de Unsplash

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