Crypto Price Today (June 30): Market Sees $222M Wipeout as Bitcoin, Altcoins Slip

The cryptocurrency market has opened the week with a weak price action, suggesting a cool-off trend in the market. Meanwhile, major cryptocurrencies have witnessed a consolidated price action over the past weekend, highlighting rising uncertainty in the industry.

Moreover, over the past day, a total of 89,143 traders were liquidated from the crypto-verse. The total liquidation value when combined comes to a total of about $222.42 million. Additionally, during this period, the single largest liquidation order was recorded on Binance cryptocurrency exchange at BTC/USDT pair and was of $12.20 million.

Bitcoin Records Consolidated Price Action

Amid the ongoing market conditions, the BTC price has recorded a variation of less than 1% with a trading volume of just over $40 billion. With a value of $106,977.51 and a market capitalization of $2.24 trillion, the dominance of Bitcoin continues to stay above 64% and is currently at 64.6179%.

Bitcoin price chart, Source: CoinMarketCap

Top Altcoins Mirror BTC’s Lead

Following in the footsteps, the Ethereum price has recorded a consolidated price action. However, it has maintained its value above its crucial watch point of $2,400, suggesting a potential bullish momentum in the brewing.

The XRP price shows similar action by holding its value around the $2.17 mark. With this, the top 3 cryptocurrencies have started the week on a weak note, raising concerns about their short-term prospects.

Trending CryptoToday

• Bitcoin (BTC)
• Ethereum (ETH)
• Arbitrum (ARB)
• Pi Coin (PI)
• XRP (XRP)

Top Gainers & Losers Today

Crypto Market Cap Overview

Over the past 24 hours, the crypto market has displayed a minor correction of <1% in its valuation as per latest readings of CoinMarketCap. Following this, the global cryptocurrency valuation has decreased to $3.291 trillion with an intraday trading volume of $94.3 billion, a major change of +32.86%.

On the other hand, the Fear & Greed index is valued at 52 (neutral), highlighting a weak buying-and-selling pressure in the crypto space. Moreover, the Altcoin Season Index is now at 19, suggesting a strong Bitcoin dominance in the world of cryptocurrency.