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Markets in the green! Bitcoin hovers around USD $20,000, Ethereum above USD $1,000 and major altcoins up on June 20

June 20, 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.

Después de una caída que llevó a 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. under USD $20,000 last weekend, by this June 20 the main cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. and the most reputable exponents of the market an area or arena, online or offline, in which commercial dealings are conducted. are recovering and showing favorable results.

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***

Analysis sponsored by EurocoinPay
Analysis sponsored by EurocoinPay
  • BTC ronda los USD $20.000.
  • ETH passes the USD $1,000 barrier.
  • Major altcoins show positive performance on June 20.

Without a doubt, the past weekend was quite eventful for the digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency currency is a medium of exchange that defines value. ecosystem, especially after Bitcoin fell below the USD $20,000 per unit mark. Fortunately, by midday on June 20th things are looking a bit a bit is a basic unit of information in computing. more favorable at times, so the overall market is in the green for the last 24 hours.

Bitcoin y Ethereum a decentralized open-source blockchain with smart contracts functionality. recover this June 20

Let’s start with Bitcoin (BTC), the main cryptocurrency in the crypto ecosystem, which at this hour is trading at about USD $20,084 per unit, capitalizing a slight increase of 1.87% compared to what was seen yesterday at this time.

The data published in our section CryptoMarkets DailyBitcoin y CoinMarketCap reflect that, despite the drop we see in the last hour, Bitcoin managed to partially recover from the decline seen last weekend and climbed back above the USD $20,000 barrier, a figure below which it had fallen two days ago. The best moment of the day took place shortly after 11:30am (New York time) when the digital currency reached a high near USD $20,913.

Bitcoin price evolution this June 20th
Bitcoin price evolution this June 20th

With Ethereum (ETH) we have a slightly similar evolution to the one seen with Bitcoin in the last 24 hours, but the good news is that the digital currency has remained above the USD $1,000 barrier throughout the entire edition. Each unit is trading at the time of publishing at around USD $1,097, which represents a 3.5% increase from yesterday.

Back with Bitcoin, although the cryptocurrency rose slightly for this June 20, the trading volume how much cryptocurrency has been traded over a set period, such as the past 24 hours. seen over the last 24 hours fell by 17.9%, moving some USD $32.723 million over the course of the day across the major exchanges.

Crypto market is in green at this hour

But the good streak does not only go back to the Bitcoin y Ethereum, as the vast majority of the major altcoins also score in the green for this June 20th, having some pretty remarkable gains gains refer to an increase in value or profit. in the last 24 hours.

Coins from projects such as Cardano (ADA), Polkadot (DOT) and Solana (SOL) are on the rise for June 20 with increases ranging between 4% and 8%. But the pleasant surprise of the day comes from the hands of Avalanche (AVAX), whose token increased by more than 11% compared to yesterday.

Cryptocurrencies such as the following are also on the same track Chainlink (LINK), Polygon (MATIC), FTX Token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. (FTT) and many others, whose increases exceed 8% in the last 24 hours.

And finally, among the main losers, the following stand out Litecoin (LTC) la cual va a la baja con pérdidas del 3% y figura como la criptomoneda con la caída más pronunciada de la jornada.

The most important news of the day

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

  • South Korea bans Terra core team member from leaving the country
  • ProShares Launches New ETF an Exchange-traded Fund, an investment fund that users trade on exchanges and trading platforms. That Lets Investors Bet on Bitcoin’s Decline
  • Analyst Peter Brandt predicts USD $300 ETH and says “crypto is a bad religion.”
  • Celsius cancels AMA sessions, warns that returning liquidity how easily a cryptocurrency can be bought and sold without impacting the overall market price. “will take time”
  • Peter Schiff claims Bitcoin “has been dead money” for the last 4.5 years

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, performance 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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