Bitcoin back above $34,000; Ethereum above $2,000
On Wednesday, June 23, the price of the leading cryptocurrency rose above $34,000. After hitting a local low, the asset climbed 20%.
![\"Bitcoin](\"https://forklog.com/wp-content/uploads/Snimok-ekrana-2021-06-23-v-09.27.26-1024x640.png\")
Bitcoin’s market capitalization stands at $641 billion, according to CoinGecko.
The price of Ethereum has returned to above $2000. The asset’s market capitalization is $236 billion.
![\"Bitcoin](\"https://forklog.com/wp-content/uploads/Snimok-ekrana-2021-06-23-v-09.32.06-1024x640.png\")
Total cryptocurrency market capitalization surpassed $1.4 trillion. The following is the top ten crypto assets by this metric.
![\"Bitcoin](\"https://forklog.com/wp-content/uploads/Snimok-ekrana-2021-06-23-v-09.36.51-1024x519.png\")
Earlier, on June 22, Bitcoin price fell below $30,000. Ethereum traded down to $1,775.
Earlier, CryptoQuant’s Ki Young Ju pointed to the persistence of negative momentum in the price of digital gold in the future. This is evidenced by the whales’ capitulation index.
Investment bank JPMorgan also found confirmation of Bitcoin entering a bear market.
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