What's Happening in the Cryptocurrency Market? (June 3)

Here are the cryptocurrency news of June 3, 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?

The leading cryptocurrency Bitcoin has made a new move to test the critical level of $40,000 resistance. BTC price approached 39 thousand dollars during the day. It's still early to reach a definitive conclusion, but the resumption of last week's highs could be seen as a very important victory for the bulls. In contrast, BTC is trading at $38,872.2 at the time of writing. The unit, which fluctuated between $ 37,193.6 and $ 39,462.3 during the day, recorded a gain of 2.23 percent in 24 hours.

What Is The Price of Ethereum?

Along with the rise in Bitcoin, Ethereum also continues to gain. The unit, which has gained 2.68 percent in the last 24 hours, is trading at $ 2,834.13. The unit, which was traded in the range of $ 2,666.9-2,889.19 during the day, was only able to increase by 2.16 percent in 7 days.

What Is The Price of Ripple?

XRP, which has risen with the positive developments in the Ripple case, lost 1.26% in today's transactions and is traded at $ 1.03762 at the time of writing.

How Much Was BTT?

BitTorrent started June with some bullish momentum. Continuing its rise for two days, BTT gained 4.97% today and is currently trading at $0.004046.

What Is The Price of CHZ?

Chiliz, which completely erased the losses in yesterday's transactions and gained 5.27 percent today, is trading at $0.293096 at the time of writing.

Recent news

Dogecoin Will Be Listed On Coinbase Pro  Cryptocurrency Dogecoin, which was informed that it will be listed on Coinbase Pro, the previous day, has started to be traded on the platform as of today. As the DOGE/USD market opened first, the price initially climbed to $0.48, then stabilized at $0.41. In the first minutes, 4 million 800 thousand DOGE transactions were made. Cryptocurrency Mining Feature From Antivirus Company Antivirus company Norton started preparations to offer its users a new feature called "Norton Crypto". This feature will allow users to mine cryptocurrencies “safely and easily”. The company made a statement today and announced that as of June 3, certain Norton 360 customers will participate in the Ethereum mining program.