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US Fed Reserve Kept Interest Rates Unchanged, Causing A Notable Dip In Cryptos.

By June 14, 20241 minute read

The price of Bitcoin is $66,733.36. Its price decreased by 0.80% in the last 24 hours, but the 7-day Bitcoin is down by 6.40%.

Ethereum (ETH) is currently trading at $3,517.64. Its price has increased by 0.29% in the last 24 hours, and the 7-day ETH is down by 8.06%.

Technical indicators show the hourly MACD is losing pace in the bearish zone, while the RSI for BTC/USD is below the 50 level. Major support levels are at $67,000 and $66,000, with resistance at $68,550 and $69,200. This suggests potential downward momentum unless support holds or resistance is breached.

As of 03:30 PM, June 14, 2024, on WazirX, Bitcoin’s current price is ₹60,12,500. Its price has decreased by 0.46% in the last 24 hours and decreased by 5.64% in the past seven days.

Ethereum (ETH) is trading at ₹3,14,983, down by 0.62% in the last 24 hours. The 7-day ETH is down 7.66%.

The top gainers on WazirX include Mask Token (MASK), Pixels (PIXEL), and Uniswap (UNI), with price increases of 16.65%, 11.64%, and 11.41%, respectively.

However, the tokens that underperformed comprised bitsCrunch (BCUT), Skale Network (SKL), and Theta Fuel (TFUEL), with a price decrease of 12.07%, 11.57%, and 10.36%, respectively.

Shiba Inu (SHIB) saw a price decrease of 0.1% and is now priced at ₹0.001948. Dogecoin (DOGE) saw a decrease of 0.88% and is now priced at ₹12.6585.

Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
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