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  • Bitcoin, Atrium, Dash and Kosama Daily Price Analysis – June 8 Summary

Bitcoin, Atrium, Dash and Kosama Daily Price Analysis – June 8 Summary

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  Bitcoin

The performance of the global crypto market has continued to fluctuate as the influx of investments is constantly changing. The change in value has led to alternating losses and gains for various coins, including bitcoins. It is difficult to predict that this pattern will change soon due to the difficulties of the international economy. The difference is in the pattern of rapid change compared to the previous month.

The performance of the global crypto market has been directly affected by the sluggish changes in the global economy. According to the World Bank, the current situation is slowly moving towards a recession. The slowdown in the global economy is the worst decline in 80 years and may continue if the necessary steps are not taken. The effects of the next global recession may be more damaging. This affects not only crypto but also other markets. The crypto era has been difficult since the last quarter of 2021.

Here is a brief overview of the current market situation, performance analysis of Bitcoin, Atrium and others.

Bitcoin remains at $ 30,000

Bitcoin has been in recession since its collapse in December 2021. Although it regained its value, it did not reach the level it had previously intended. The downward trend of bitcoin continues because it has fluctuated several times in the last month. According to analysts, this is the result of US pressure that has led to the loss of bitcoin.

BTCUSD 2022 06 09 07 26 28
Source: TradingView

The latest data for Bitcoin show a decline of 3.31%. Bitcoin performance in the last seven days shows an increase of 1.11%. The current downtrend has significantly affected weekly performance.

The current value of the Bitcoin price is in the range of $ 30,149.92. If we compare the market value of this coin, it is estimated at $ 574,729,232,780. The 24-hour trading volume of this coin is about $ 27,652,294,777.

ETH in descending mode

ApeCoin DAO held a six-day voting session to decide whether to stay in or leave the atrium ecosystem. Official data show that it has decided to remain in the atrium ecosystem. Completion of the six-day voting period shows that 53.59% of the participants in the system voted in favor.

ETHUSDT 2022 06 09 07 26 51
Source: TradingView

Atrium performance in the last 24 hours shows a decrease of 2.35%. An increase in the loss trend has led to an increase in losses to weekly performance. The seven-day loss of atrium is about 2.14%.

The price of Atrium is in the range of $ 1785.78. If we look at the market value of this coin, it is estimated at 216,262,105,647 dollars. The 24-hour trading volume of this coin is about $ 16,444,087,507.

DASH returns to the lowest level

Dash is also facing tough days due to the downturn in the market. Changes in the value of this coin in the last 24 hours show a decrease of 2.44%. The weekly loss for Dash is about 1.91%. The upward trend in losses has recently grown. Its price has dropped because it is currently around $ 57.69.

DASHUSDT 2022 06 09 07 27 16
Source: TradingView

The market value of this coin is about $ 621,015,030. In comparison, the 24-hour trading volume of the same coin is about $ 98396541. If we convert the same amount into its main currency, it is about 1,705,543 DASH.

KSM in trouble

Kusama has also faced problems with rising casualties. 24-hour data show a decline of 4.16 percent. In comparison, the weekly loss is about 8.44%. The value of this coin is in the range of $ 66.22.

KSMUSDT 2022 06 09 07 27 32
Source: TradingView

If we look at the market value of KSM, it is estimated at $ 560,903,041. The coin has a trading volume of about $ 57,110,725. The circulation of this coin is about 8,470,098 KSM.

Final Thoughts

The global crypto market has continued to fluctuate in value. The current downtrend has affected its value. The result of losses of bitcoins and other currencies is the devaluation of the market. The latest global market value indicates that it has fallen to $ 1.23 trillion and may continue to decline. It is not yet clear whether this downward trend will continue or whether the market will rise.