Major cryptocurrencies are trading in green on Monday, June 28, 2021. As this market is changing rapidly, so investors have become more cautious with the pricing of these cryptocurrencies. Major cryptocurrencies are in green and it is led by Ethereum which is trading at $2,015.38 with a hike of 8.48%.
Major Cryptocurrency Are In Green Today, Know Prices Of The Top Ten Cryptocurrencies
Cryptomarket is witnessing a lot of ups and down. Where in China, they have called for a crackdown on all the cryptomining projects, there on the other hand, Britain’s watchdog, FCA has ordered cryptocurrency exchange Binance to stop undertaking any regulated activity in the country, saying that the firm lacked authorization and if they would want to undertake any regulatory activities, then they will not be allowed for it without the official permission from the Finance Conduct Authority (FCA).
A Mexican Billionaire with an estimated fortune worth over $15.8 billions ‘Ricardo Salinas Pliego’ has said that his banking business may start using Bitcoins, becoming the first bank to be using cryptocurrencies in the country. Also by the end of September 2021, Bitcoin will become a legal tender in El Salvador, becoming the first nation to give this virtual token a status of currency.
Edul Patel, CEO and Co-Founder Of Mudrex has said, “The major selloff across the crypto spectrum observed last Friday seems to have subsided for now. Volume data from various exchanges show that several investors bought the dip in the markets over the weekend. However, it cannot be termed as a bullish momentum as the markets are clearly range-bound.”
Though it started in a better situation today than yesterday, but as the market has become highly volatile, we cannot predict whether it will be continuing with this status or not the other day. As per some sources, in Indian households which hold more than 25000 tonnes of gold, investment in cryptomarket here increased from $200 millions to $40 billions which means that people are investing in the crypto market despite of the risks of fluctuations.
Top Cryptocurrencies And Their Value On June, 28, 2021 (Monday)
Value (Monday, 28 June 2021)
|Tether||$1.0||down by 0.06%|
|Binance Coin||$285.09||down by 0.22%|
|USD Coin||$1||down by 0.03%|