What's Happening in the Cryptocurrency Market? (June 2)

Here are the cryptocurrency news of June 2, the most up-to-date developments, here are the most appreciating and depreciating cryptocurrencies...

Interest in cryptocurrencies has increased significantly during the coronavirus outbreak. However, investors began to closely monitor the movements of important cryptocurrencies such as Bitcoin, Ethereum and Ripple. The most curious cryptocurrencies by investors; How did Bitcoin, Ethereum, Ripple start the day? The cryptocurrency market is very active with the recent news flow. The statements of US President Joe Biden regarding the changes in the tax law, the CBRT's ban on cryptocurrencies from payments, and the addition of crypto asset service providers to the liabilities section by publishing a new regulation with the presidential decision had a great impact on the cryptocurrency market. On the other hand, the negatively affected cryptocurrency market recovered after US Treasury Secretary Janet Yellen said that interest rates may need to increase moderately to prevent the US economy from overheating due to high government spending. However, Bitcoin, Ethereum and other cryptocurrencies were negatively affected by the decline in the US markets. Despite all this, the main blow came from Tesla founder Elon Musk. The decline started when Musk announced that the company would no longer accept Bitcoin as a means of payment due to its carbon footprint. Cryptocurrencies were adversely affected by China's ban on cryptocurrencies and the Bank of Japan's Governor criticizing BTC.

How Much Is A Bitcoin?

Bitcoin, which rose to $ 38 thousand on the first day of June, fluctuated between $ 35,981.1 - $ 37,473.9 today. Bitcoin, which has gained 3.28% in the last 24 hours, is trading at $ 37,324.7 at the time of writing.

What Is The Price of Ethereum?

With the rise in Bitcoin, Ethereum also started to gain value. ETH, which left behind a bad week, started this week with a gain. The unit, which has gained 3.38% in the last 24 hours, is trading at $2,704.85.

What Is The Price of Ripple?

XRP, which has risen with the positive developments in the Ripple case, has lost 1.53 percent today after its rise yesterday and is traded at $ 1.01400 at the time of writing.

How Much Was BTT?

BitTorrent started June with some bullish momentum. The price of the unit, which gained just over 1 percent yesterday, rose by 1.70 percent in the last 24 hours and is currently trading at $ 0.003769.

What Is The Price of CHZ?

Chiliz, which has lost 1.02% in value in the past 24 hours, is trading at $0.272873 at the time of writing.

Recent news

Important Statements About ETH2 From Vitalik Buterin  Ethereum's founder, Vitalik Buterin, acknowledged that Ethereum has problems, but stated that he believes the problem is related to people and not technical problems as many people guessed. Buterin made a statement during the Fintech Forum at the 2021 StartmeupHK Festival. He stated that the main challenge facing Ethereum is beyond the technical side. Buterin underlined that the biggest problem of the project is people and that this is the main reason why ETH2 took so long to be released, and said: “One of the biggest problems I found with our project is not technical problems, but human problems.” Buterin also explained that there have been some internal team conflicts that have slowed the growth of the project for a while. He stated that a similar scenario was witnessed with the launch of Eth2.