The encryption market remained today, May 31, under pressure as fears about trade and poor performance continued in June. Bitcoin decreased to $ 103,000, while the maximum market for all metal currencies decreased with double numbers. Let’s explore some of the best engines in the encrypted currency market today.
Why is the encryption market decreasing today?
Bitcoin and most cryptocurrencies continued to tend to have a strong landing with fears of trade. Donald Trump threatened to impose a 50 % tariff on all imported and aluminum steel.
He said this in a campaign march in Pennsylvania, where he filed the case to agree to buy Nippon and the United States. The details of this treatment are still thin, although the United States is expected to maintain a golden share in the company.
The statement came on the same day that China was accused of not living in its deal in Switzerland. Also, Scott Bessin, the Treasury Secretary, warned that talks between the two countries moved to a dead end.
These risks led to a feeling of fear among the market participants, which explains the reason for the decline in the stock market.
The encryption market was shattered with the situation of investors in June, a month that is historically proven for bitcoin and other altcoins.
Read more: The encryption market is disrupted: Is this the end of the bull race?
Cronus price jumped as ETF hopes to rise
The Cronus Code reached the highest level of $ 0.1070 on Saturday, its highest level since April 2, and 57 % higher than its lowest point this year. CRO jumped after Canary to get CRO ETF sites with Stokeing. This fund will give investors access to the righteous fees that users receive.
The daily graph shows that the price of CRO reaches its grave at 0.067 dollars in March, and then returned to a height of $ 0.1070 today. It has moved over the rising trend line that connects the lowest fluctuations since February.
Therefore, the currency is likely to continue as the bulls target the level of 50 % decline at $ 0.1500, which is about 40 % higher than the current level.
Live passion
Livepeer Price Chart | source: Tradingvief
LPT TOKEN rose to $ 14.23, its highest level since January 18, and an increase of 342 % of its lowest level in April. She jumped sharply after being inserted by UPbit, the largest exchange exchange in South Korea. The symbols often rise after being included by UPbit and other major exchanges.
However, these gains are usually short -term, which explains why the price of Livepeer decreases sharply on Saturday. Technologies indicate that the distinctive symbol has a negative side to go, with the next price to watch $ 6.65. The step above the resistance at $ 14.23 will nullify the upcoming expectations.
Read more: Prediction at Solana’s price: Here is the reason for Sol’s failure and what next
Dogwifhat price
WIF price scheme | source: Tradingvief
The price of the distinctive code for WiF has decreased in the past few days, moving from above 1.3962 dollars to $ 0.8380. I moved a little less than the moving average for 50 days and formed a dual small style.
The RSI and MACD indicators indicated below, a sign that the downtown trend is gaining momentum. Therefore, the DogwFhat price will continue to decrease as sellers target the psychological point at $ 0.50.
Read more: Currency Dugs rises to a five -month height: Will WiFs exceed $ 2?
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