Cryptocurrency prices have corrected over the last 24 hours as most digital assets have dropped in value between 6-10% since June 2 at around 6:45 p.m. EST. At press time the entire cryptoconomy is valued at $250 billion with about $80.5 billion in global trades in the last day.
Also read: Bitcoin.com’s Local Bitcoin Cash Marketplace Is Now Open for Trading
Bulls Get Pushback
Digital currency values are lower this week after many coins dropped a few percentages during Sunday evening’s trading sessions. Crypto bulls started showing some exhaustion during our last markets update but global trade volume has remained roughly the same. On June 4 at press time, the price per bitcoin core (BTC) is around $8,011 and BTC has a market capitalization of about $142 billion. BTC is down 6% today and has lost 7.9% over the last seven days.
The second largest market valuation is ethereum (ETH) and each coin is trading for $250. ETH has a total market cap of around $26.6 billion and has lost about 4.7% over the last 24 hours. Ripple (XRP) is trading for $0.41 per XRP, having dropped 5.9% in the last day. Lastly, the fifth largest market valuation is held by litecoin (LTC) and each LTC is swapping for $105 per coin. LTC charts show a loss of 5.8% for the day and 7.4% for the entire week.
Bitcoin Cash (BCH) Market Action
Bitcoin cash (BCH) prices have dipped as well and each coin is trading for $397 per BCH at press time. BCH has lost 7.4% for the day and over the last seven
