Online Economy – Meshya Heydarian; The crypto market has seen limited volatility so far today, but the weekly performance of most major cryptocurrencies remains negative. Despite maintaining the $60,000 channel, Bitcoin has lost more than 6% of its value in the past seven days, and Ethereum, Ripple, Dogecoin, Cardano and several other popular cryptocurrencies are still trading in the negative range.
At the time of writing this report, Bitcoin is trading at $60,550. This digital currency has lost 0.04% in the last 24 hours, but in the weekly period, it has registered a noticeable decrease of 6.35%. The market value of Bitcoin has now reached 1.2 trillion dollars, and the volume of transactions last night was 21.35 billion dollars. The graph of BTC price changes overnight shows that at three in the morning, this cryptocurrency fell to the price of $59,000 and returned to the $60,000 channel after three hours.
Bitcoin price changes in the past hours
Ethereum is also bought and sold at a price of 1,577 dollars. The price of this cryptocurrency has decreased by 0.36% in the last day and night, and its weekly yield has reached negative 9.78%. Ethereum market cap is now $190.41 billion and its 24-hour trading volume is $7.23 billion.
According to the chart below, the highest price of Ethereum in the last day and night was $1,587.
Among the stablecoins, Tether is still in the $0.9985 range and has not changed significantly over the past 24 hours. Tether’s market value is $186.06 billion and its daily trading volume is $48.07 billion. But what has been the status of this cryptocurrency in Iran?
The price of Tether has experienced a limited fluctuation since yesterday. This stablecoin entered the channel of 171 thousand Tomans yesterday and was traded in the same range for a few hours, but it returned to the channel of 170 thousand Tomans with a slight drop this morning. With the increase in demand again, Tether price compensated part of its fall and once again entered the channel of 171 thousand tomans. Tether is traded at 171,200 tomans at the time of writing this report.
What has been the status of prominent altcoins in the market?
Among the famous altcoins in the market, the price of Binancecoin has reached $554.06. This cryptocurrency fell by 0.04% in the last 24 hours and lost 6.34% of its value on a weekly basis.
Ripple is also traded at $1.05. This digital currency has grown by 0.59% in the last 24 hours, but its weekly return is still negative at 7.38%.
Solana grew three percent
With a price of $73.27, Solana was one of the few cryptocurrencies that showed a positive performance in daily trading. The price of this currency has increased by three percent in the last 24 hours, although its weekly return remains negative at 0.49 percent.
Cardano is also trading at $0.1453 at this time. This cryptocurrency has grown by 0.14% overnight, but has experienced a price decrease of 4.53% in the weekly period and 38.61% in the last month. Cardano’s 24-hour trading volume was 1.91 million ADA units (ADA) equivalent to 275 thousand 961 Tether, and its highest and lowest price (in Tomans) in the last 24 hours was recorded as 25 thousand 148 Tomans and 24 thousand 162 Tomans, respectively.
Among other major cryptocurrencies, TRON is trading at $0.3231, down 2.36% for the week. Despite the growth of 1.49% in daily transactions, Hyperliquid has decreased in price by 6.02% on a weekly basis. Dogecoin is still under selling pressure at $0.07291 and has lost 12.86% of its value over the past seven days. With a weekly drop of 14.97%, Ziksh has recorded one of the weakest performances among the popular cryptocurrencies of the market.
Cryptocurrency market map right now (July 8, 1405)
