Crypto Crash News 6/17: Bitcoin, Ethereum, Solana, Polkadot – top cryptocurrency prices fall upto 13%

Crypto Crash Latest News (17th June):
The global cryptocurrency market cap has fallen by more than $100 billion since the start of the week. At the time of writing, according to Coin Market Cap at 8:37 a.m. Indian time, the global market cap of cryptocurrencies was $893 billion, down 7 percent from the previous day.

Crypto markets showed some signs of recovery on Thursday (June 16), while some of the top coins posted gains of more than 10 percent. However, amid weak global signals and falling traditional financial markets, crypto is also facing a downturn.
Global crypto market volume is $76 billion, according to Coin Market Cap, down 40 percent over the past 24 hours.
Top cryptocurrencies, including Bitcoin and Ethereum, are back in the red as market sentiment remains in the “extreme fear” zone.

According to Coin Market Cap, which tracks 1,866 cryptocurrencies and 527 exchanges, Bitcoin's dominance has dropped to 44 percent.

“Bitcoin remains in a downtrend, just above $20,000 and threatening to drop below that level. Apart from the stock market, the crypto market is also following a downward trend. The daily trend for BTC is already forming a downward channel pattern. The daily RSI fell below 20 for the first time in more than two years (March 20). Bitcoin remains in the oversold zone, with investors seeing this price level as an opportunity to accumulate more than just tokens, analysts at WazirX Trade Desk said in a note.