June has so far been unkind to the cryptocurrency market which lost about $20 billion of its total capitalization. This marks a decrease of about 7.5 percent, as the market is currently valued at around $250 billion
Bitcoin (BTC) broke down to below $8,000 in a sudden negative move and it has so far proven to be unable to break back above the strong resistance. Since the beginning of the month, BTC dominance has decreased by roughly around 1%, which signals that the altcoins have managed to gain some strength.
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