The Global Crypto Market Cap Down 5.33% Over The Last 24-Hours

CoinEdition

Published Jun 02, 2022 08:35AM ET

Updated Jun 02, 2022 09:00AM ET

The Global Crypto Market Cap Down 5.33% Over The Last 24-Hours

  • According to CoinMarketCap, the global crypto market cap currently stands at $1.23 trillion, which is a 5.33% drop over the last day.
  • Bitcoin (BTC) is currently below the $30,000 mark and is trading at $29,871.08.
  • In 24 hours, most of the leading cryptocurrencies have lost ground.

On June 2, Income Sharks — a Twitter (NYSE:TWTR) account focused on crypto education, analysis, and predictions — tweeted the following

Thakral also highlighted the fact that cryptocurrencies are not the only asset class that has suffered losses over the last month. He stated that “most high-priced tech stocks have faced a major downward trend which is a result of several macroeconomic factors putting pressure on the traditional and crypto market across the globe.”

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