Since the morning of June 25, 2022, the total capitalization of the crypto market has been growing by 3.4% to the level of $963 billion. The dominance of Bitcoin is 42.5%, Ethereum 15.5% Bitcoin is now worth $21440, Ethereum is trading at $1230, the price of Binance Coin is $240.
Of the top 100 cryptocurrencies by capitalization over the past day, the largest growth was shown by NEAR Protocol + 20%, Mina, Quant, Axie Infinity + 14%, Shiba + 13%, Fantom, Aave + 12%, and the largest drop in Bitcoin Cash -3% , Synthetix -2%
The profitability of bitcoin mining has fallen by 80% from the peak of the November high.
Goldman Sachs plans to raise $2 billion from investors to buy the assets of the crypto-lending platform Celsius Network in the event of its bankruptcy, according to CoinDesk.
The FTX exchange is in talks to acquire a stake in the BlockFi crypto-lending platform.
Binance received about 5,200 requests for help from crypto companies that suffered during the market crash – “they want to help everyone”, but this is unrealistic.
Bloomberg: Some mining companies are having huge problems paying back loans totaling $4 billion. This could lead to further sales and a market crash. The current situation also carries great risks for crypto lenders.
Crypto firms attracted 3 times more investments than in 2021. From January to May 2022, businesses received investments worth at least $26.4 billion. By comparison, only $8.8 billion was invested in firms in the first five months of last year.