{"id":21101,"date":"2022-06-27T02:05:08","date_gmt":"2022-06-27T02:05:08","guid":{"rendered":"http:\/\/egrowonline.com\/?p=21101"},"modified":"2022-06-27T02:05:08","modified_gmt":"2022-06-27T02:05:08","slug":"bitcoin-btc-ethereum-eth-slip-dogecoin-doge-jumps","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=21101","title":{"rendered":"Bitcoin (BTC), Ethereum (ETH) Slip, Dogecoin (DOGE) Jumps"},"content":{"rendered":"


\n<\/p>\n

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Bitcoin<\/strong>\u00a0and\u00a0Ethereum<\/strong> traded lower, but Dogecoin<\/strong> spiked on Sunday evening, as the global cryptocurrency market cap declined 2.3% to $942 billion at press time.<\/p>\n

\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n
Price Performance Of Major Coins<\/caption>\n

<\/p>\n

Coin<\/th>\n

<\/p>\n

24-hour<\/th>\n

<\/p>\n

7-day<\/th>\n

<\/p>\n

Price<\/th>\n


\n\t\t<\/tr>\n

\n\t<\/thead>\n

<\/p>\n

Bitcoin<\/strong> BTC\/USD<\/span><\/td>\n

<\/p>\n

-2%<\/td>\n

<\/p>\n

2.9%<\/td>\n

<\/p>\n

$21,052.35<\/td>\n


\n\t\t<\/tr>\n

<\/p>\n

Ethereum<\/strong> ETH\/USD<\/span><\/td>\n

<\/p>\n

-3.2%<\/td>\n

<\/p>\n

7.3%<\/td>\n

<\/p>\n

$1,203.12<\/td>\n


\n\t\t<\/tr>\n

<\/p>\n

Dogecoin<\/strong> DOGE\/USD<\/span><\/td>\n

<\/p>\n

8.8%<\/td>\n

<\/p>\n

24.5%<\/td>\n

<\/p>\n

$0.07<\/td>\n


\n\t\t<\/tr>\n


\n\t<\/tbody>\n


\n<\/table>\n<\/figure>\n

\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n
Top 24-Hour Gainers (Data via CoinMarketCap)<\/caption>\n

<\/p>\n

Cryptocurrency<\/th>\n

<\/p>\n

24-Hour % Change (+\/-)<\/th>\n

<\/p>\n

Price<\/th>\n


\n\t\t<\/tr>\n

\n\t<\/thead>\n

<\/p>\n

Dogecoin<\/strong> (DOGE)<\/td>\n

<\/p>\n

+8.8%<\/td>\n

<\/p>\n

$0.07<\/td>\n


\n\t\t<\/tr>\n

<\/p>\n

ApeCoin<\/strong> (APE)<\/td>\n

<\/p>\n

+4%<\/td>\n

<\/p>\n

$4.73<\/td>\n


\n\t\t<\/tr>\n

<\/p>\n

Ethereum Classic<\/strong> (ETC)<\/td>\n

<\/p>\n

+2%<\/td>\n

<\/p>\n

\u200b\u200b$16.9<\/td>\n


\n\t\t<\/tr>\n


\n\t<\/tbody>\n


\n<\/table>\n<\/figure>\n

See Also: <\/em>How To Get Free NFTs<\/em><\/a><\/p>\n

Why It Matters: <\/strong>Bitcoin and Ethereum slipped into the red as the S&P 500 and Nasdaq futures fell 0.5% each at press time.

\nThe two largest coins saw muted volumes owing to the weekend. In contrast, Dogecoin soared with 24-hour trading volumes surging 113.1% to $908.65 million, according to CoinMarketCap data.\u00a0<\/p>\n

Data from the price-tracking website indicated that the meme coin was the best performing cryptocurrency intraday at press time.<\/p>\n

The bounce in DOGE came after the coin broke up bullishly<\/a> from a double inside bar pattern and continued a solid uptrend on which it has been treading since it bounced off heavy support at the 5-cent mark on June 18, according to Benzinga\u2019s Melanie Schaffer.<\/p>\n

\u201cBitcoin is still not matching the gains seen with equities as sentiment remains depressed. The selling pressure might be easing, but strong buyers are not yet emerging,\u201d said Edward Moya<\/strong>, a senior market analyst with OANDA in a recent note, seen by Benzinga.<\/p>\n

Alternative.me\u2019s \u201cCrypto Fear & Greed Index\u201d flashed \u201cExtreme Fear\u201d at press time. Investor sentiment remains unchanged from last week.\u00a0<\/p>\n

Although\u00a0the value underpinning the index has risen from 9 to 12 in the period. A value of 0 means \u201cExtreme Fear,\u201d while a value of 100 represents \u201cExtreme Greed.\u201d<\/p>\n

Over the weekend, cryptocurrencies showed some resilience. Cryptocurrency trader\u00a0<\/p>\n

Micha\u00ebl van de Poppe<\/strong> noted the movement and tweeted, \u201cStandard weekend fake-outs happening and probably ending at CME close at $21.1K for [Bitcoin].\u201d<\/p>\n

The analyst said there was no clear breakout above $21,600 for the apex coin at this point yet.\u00a0<\/p>\n

<\/p>\n

Standard weekend fake-outs happening and probably ending at CME close at $21.1K for #Bitcoin<\/a>.<\/p>\n

No clear breakout above $21.6K at this point, yet.<\/p>\n


\n\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) June 26, 2022<\/a><\/p><\/blockquote>\n

Justin Bennett<\/strong> said the cryptocurrency market is breaking support or looks ready to do it. He noted the upswing and said the market had a \u201csmall fakeout\u201d above the $940 billion market cap.\u00a0<\/p>\n

\u201cI doubt this holds much longer,\u201d said the cryptocurrency trader in a recent tweet.\u00a0<\/p>\n

<\/p>\n

Everything is either breaking support or looks ready to.$TOTAL<\/a> with a small fakeout above $940B. Now weighing on channel support.<\/p>\n

I doubt this holds much longer. $BTC<\/a> $ETH<\/a> pic.twitter.com\/sm70XKUnZJ<\/a><\/p>\n


\n\u2014 Justin Bennett (@JustinBennettFX) June 25, 2022<\/a><\/p><\/blockquote>\n

Ethereum is seeing a bout of profit-taking after a mid-sized bounce, said Santiment. The market intelligence platform tweeted that the whale activity in the second-largest coin was low and they were not the source of the uptick.<\/p>\n

<\/p>\n

#Ethereum<\/a> is enjoying a nice weekend rise, and the #2 market cap asset’s price is now up +30% in the past week. It appears there is quite a bit of profit taking on this mid-sized bounce, and the low whale activity indicates it isn’t coming from them. https:\/\/t.co\/MsZUhgjwCR<\/a> pic.twitter.com\/NWFMmWFRGq<\/a><\/p>\n


\n\u2014 Santiment (@santimentfeed) June 25, 2022<\/a><\/p><\/blockquote>\n

Read Next: <\/em>JPMorgan Says This Is The ‘Fair Value’ Of Bitcoin: Why Analysts Say BTC Is Going 28% Higher<\/em><\/a><\/p>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u00a0and\u00a0Ethereum traded lower, but Dogecoin spiked on Sunday evening, as the global cryptocurrency market cap declined 2.3% to $942 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin BTC\/USD -2% 2.9% $21,052.35 […]<\/p>\n","protected":false},"author":1,"featured_media":21102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[41],"tags":[50,194,291,85,181,158,3622,3234],"class_list":["post-21101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-bitcoin","tag-btc","tag-doge","tag-dogecoin","tag-eth","tag-ethereum","tag-jumps","tag-slip"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/06\/shutterstock_1970611928.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/21101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21101"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/21101\/revisions"}],"predecessor-version":[{"id":21103,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/21101\/revisions\/21103"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/21102"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21101"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}