In June 2021, the correction that occurred during the month of May continued its trend. Although in the first days of June, a “slight recovery” could be seen in the market cap of the crypto ecosystem, as the month passed, slight downward trends continued to be observed. Next, we will make a summary of the main indicators of Bitcoin, Ethereum, and Dash for the month of June 2021: prices and market capitalization.

Bitcoin price June 2021

June 1 US $ 36,820
June 30 US $ 34,334

Bitcoin price June 2021. Source: coinmarketcap.com

Bitcoin market capitalization June 2021

June 1 US $ 689,398,066,064
June 30 US $ 687,980,493,378

Bitcoin market capitalization June 2021. Source: coinmarketcap.com

Bitcoin analysis June 2021

During the month of June, there was a total decrease in the price and market capitalization of Bitcoin of -6.75% and -0.21%, respectively; four outstanding stages can be seen during the month, the first stage occurred in the first days ( from June 1 to 8), where a slight decrease can be seen, then a second stage came where recovery can be seen, which occurred from June 9 to 15 (reaching its maximum point on the 14th), While in the period from June 16 to June 22 (third stage), the price fell again, to later moving to a fourth stage, from June 23 to the end of the month, where slight fluctuations were generated, with a slight tendency to recovery. It is important to note that the outlook for the price of Bitcoin in June (-6.75%) was the most favorable, especially if we compare it with its previous value in May (-34.47%) or if we compare it with the June prices of Ethereum (-17.15%) and Dash (-28%).

Ethereum price June 2021

June 1 US $ 2,642
June 30 US $ 2,189

Ethereum price June 2021. Source: coinmarketcap.com

Ethereum market capitalization June 2021

June 1 US $ 306,825,156,667
June 30 US $ 255,093,683,592

Ethereum market capitalization June 2021. Source: coinmarketcap.com

Ethereum analysis June 2021

During the month of June, there was a total decrease in the price and market capitalization of Ethereum by -17.15% and -16.86%, respectively; three outstanding stages can be seen during the month, the first stage occurred in the first days (of June 1 to 7) which was of slight oscillations but maintaining its price range, then a second stage came, where a decrease can be seen, followed by a slight oscillation (this stage occurred from June 8 to 15), while from June 16 to 26 (third stage) a marked decrease can be seen, to finally have a slight recovery in a fourth stage, which runs from June 27 to the end of the month. It is important to note that the outlook for Ethereum’s price in June (-17.15%) was “less favorable” if we compare it with its previous value in May (-7.65%) or if we compare it with the price of June Bitcoin (-6.75%), while it was “more favorable” when compared to the June price of Dash (-28%).

Dash price June 2021

June 1 US $ 194
June 30 US $ 138

Dash price June 2021. Source: coinmarketcap.com

Dash market capitalization June 2021

June 1 US $ 1,978,221,750
June 30 US $ 1,415,554,070

Dash market capitalization June 2021. Source: coinmarketcap.com

Dash Analysis June 2021

During the month of June, there was a total decrease in the price and market capitalization of Dash by -28.87% and -28.44%, respectively, two outstanding stages can be seen during the month, the first stage occurred from June 1 to June 22, where there was a constant decline, then came a second stage where you can see a stabilization with a slight recovery, which occurred from June 23 to 30. It is important to note that the outlook for Dash’s price in June (-28.87%) was slightly more favorable when compared to its previous value in May (-39.19%), but it was the least favorable outlook if it was. We compare with the June prices of Bitcoin (-6.75%) and Ethereum (-17.15%).

What do you think about this data? What is your preferred cryptocurrency?

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