Ethereum price chart.
The crypto markets are observing more lows today, with Bitcoin, Ethereum, and altcoins all eyeing crimson.
The crypto markets proceed their slump today, June 26, with most of the coins on Coin360 watching crimson.
Market visualization from Coin360
Bitcoin (BTC) is trading at around $6,205, down around 1 procent overheen a 24 hour period to press time.
Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index
Stablecoin Tether’s release of 250 million tokens yesterday, June 25 had prompted some on Twitter to predict a price increase te Bitcoin, spil Tether had bot reportedly connected to Bitcoin price manipulation ter .
Ethereum (ETH) is also slightly down, losing almost Five procent overheen a 24 hour period and trading at around $446.
Ethereum price chart. Source: Cointelegraph Ethereum Price Index
Of the top ten coins listed on CoinMarketCap, EOS, whose mainnet went live at the beginning of June after the completion of a year-long $Four billion Initial Coin Suggesting (ICO) is down the most, almost seven procent overheen a 24 hour period, trading for around $8 by press time.
After the initial launch, the mainnet had reportedly “frozen” for about four hours. EOS had also come under fire on crypto Twitter for a series of orders from the EOS Core Arbitration Forum (ECAF) to block user accounts that some say puts the coin’s decentralized system ter jeopardy.
Coinmarketcap cryptocurrency exchanges rankings have bot shaken up this week, spil two crypto exchanges — CoinBene and Bit-Z — slok to very first and 2nd place after their addition of a “transaction toverfee mining” monster.
Binance, usually ranked very first, has bot shoved to fourth place, which also could be attributed to the postponement of restarting the trading and withdrawals following a risk warning after an already prolonged update.
Total market cap is at around $248 billion, up from this week’s low on June 24 of $235 billion.
Total market cap of all cryptocurrencies from Coinmarketcap