JUNE 18 CRYPTO MARKET OUTLOOK
TODAY'S OVERALL CRYPTO MARKET IS VOLATILE. BITCOIN IS CURRENTLY PRICED AT $104,825, AND YESTERDAY'S LOWEST PRICE WAS $103,368. ETHEREUM IS CURRENTLY PRICED AT $2,519, AND YESTERDAY'S LOWEST PRICE WAS $2,452. SOLANA IS CURRENTLY PRICED AT $147.08, AND YESTERDAY'S LOWEST PRICE WAS $140.73.
THE VOLATILITY OF THE CRYPTO MARKET HAS INCREASED SIGNIFICANTLY RECENTLY. ON JUNE 13, DUE TO ISRAEL'S AIR STRIKES ON IRAN, TENSIONS IN THE MIDDLE EAST INTENSIFIED AND THE CRYPTOCURRENCY MARKET PLUMMETED. THE PRICE OF BITCOIN ONCE FELL BELOW $103,000 PER COIN, WITH A DAILY DECLINE OF MORE THAN 4%. OTHER CRYPTOCURRENCIES ALSO FELL, WITH ETHEREUM, DOGECOIN, AND CARDANO ALL FALLING BY MORE THAN 10%. IN THE PAST 24 HOURS, MORE THAN 250,000 PEOPLE IN THE CRYPTOCURRENCY MARKET WERE LIQUIDATED, WITH A TOTAL LIQUIDATION AMOUNT OF $1.16 BILLION. HOWEVER, AFTER THE MARKET PANIC WAS RELEASED, IT GRADUALLY BEGAN TO STABILIZE AND REBOUND.
