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Market analysis on June 14, 2024

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Price of cryptocurrencies today: June 14, 2024, the cryptocurrency market have shown mixed performance, reflecting ongoing volatility and market corrections across various assets. Here is a detailed analysis of the main cryptocurrencies.

Bitcoin (BTC)

Price: $66,750

Change (24h): -0.86%

Change (7 days): -6.29%

Bitcoin continued to face downward pressure, with a slight decline in the last 24 hours. The cryptocurrency’s weekly performance also showed a moderate decline, indicating cautious sentiment among investors amid wider market fluctuations.

Ethereum (ETH)

Price: $3,499.85

Variation (24h): +0.13%

Change (7 days): -8.28%

Ethereum recorded marginal gains in the last 24 hours, although it remained lower on a weekly basis. The resilience of the smart contract platform suggests underlying support despite overall market trends.

Polka dot (DOT)

Price: $6.38

Change (24h): -2.88%

Change (7 days): -10.92%

Polkadot faced significant downward pressure, marking notable declines both daily and weekly. The project’s performance reflects broader market challenges impacting the altcoin sector.

Solana (SOL)

Price: $147.21

Change (24h): -3.19%

Change (7 days): -14.44%

Solana fell substantially, highlighting ongoing volatility and selling pressure. The smart contract platform has struggled amid broader market corrections.

Ripple (XRP)

Price: $0.48

Change (24h): -1.62%

Change (7 days): -8.56%

XRP posted moderate losses over the past 24 hours, continuing its downtrend from the previous week. The currency has faced challenges amid market consolidation.

Shiba INU (SHIB)

Price: $0.00002134

Variation (24h): -1.25%

Change (7 days): -15.58%

Shiba INU maintained a stable but declining trend, reflecting cautious sentiment among traders amid broader market uncertainties.

Biggest Earners

Uniswap (UNI)

Price: $10.53

Variation (24h): +6.97%

Toncoin (TON)

Price: $7.83

Variation (24h): +2.39%

Litecoin (LTC)

Price: $79.73

Change (24h): +1.87%

Ethena (ENA)

Price: $0.7128

Change (24h): +1.86%

Confluence (CFX)

Price: $0.192

Variation (24h): +1.66%

Cloak (MNT)

Price: $0.8967

Variation (24h): +1.57%

KuCoin Token (KCS)

Price: $10.49

Variation (24h): +1.11%

Gate Token (GT)

Price: $8.33

Variation (24h): +0.71%

Ondo (ONDO)

Price: $1.31

Change (24 hours): +0.65%

Theta Network (THETA)

Price: $1.74

Change (24h): -6.96%

Bon (Bonk)

Price: $0.00002573

Change (24h): -6.82%

Pepper (PEPPER)

Price: $0.00001191

Change (24h): -6.16%

Wormholes (W)

Price: $0.4719

Change (24h): -6.16%

Bitensor (TAO)

Price: $317.20

Change (24h): -5.49%

NEAR (NEAR) protocol

Price: $5.87

Variation (24h): -5.35%

The biggest losers

Stacks (STX)

Price: $2.09

Change (24h): -9.59%

Rendering (RNDR)

Price: $8.23

Variation (24h): -7.35%

Brett (based) (BRETT)

Price: $0.1416

Variation (24h): -7.00%

Arweave (AR)

Price: $31.55

Change (24h): -6.98%

The cryptocurrency market on June 14, 2024 demonstrated a mixed performance with some assets showing resilience despite challenges, while others faced notable declines. Investors continue to navigate volatile conditions, underscoring the importance of strategic decision making and risk management in cryptocurrency investing.

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also keep in mind that the cryptocurrencies mentioned/listed on the site could potentially be scams, i.e. designed to trick you into investing financial resources that could be lost forever and no longer recoverable once the investments have been made. You are responsible for conducting your own research (DYOR) before making any investment. to know more Here.

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