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Gate.io’s Daily Market Trends（June 22nd）: Several Banks In China Ban Crypto Related Transactions, Cryptocurrency Market Panic Increases
Gate.io’s Daily Market Trends（June 22nd）: Several Banks In China Ban Crypto Related Transactions, Cryptocurrency Market Panic Increases
2021-06-22 09:19:13 UTC
99416 Okundu
As of 12:00 GMT, Bitcoin‘s spot price was $34,669.30 and Ether’s price was $2,156.14. Prices in the cryptocurrency market plummeted on the back of announcements that several domestic Chinese banks and payment institutions have banned virtual currency transactions. The market panic index dropped to 10. On the one-hour time-frame, Bitcoin’s price fell $2,172.32. The MACD indicator shows a slight bullish divergence in the bitcoin spot price. Ether fell more than bitcoin today, and the Ether Gas fee also reached close to pre-October 2020 levels, limiting Ether's upward momentum.
clicks to read more：Gate.io’s Daily Market Trends（June 22nd）: Several Banks In China Ban Crypto Related Transactions, Cryptocurrency Market Panic Increases
Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.
Gate.io Team
june 22, 2021
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clicks to read more：Gate.io’s Daily Market Trends（June 22nd）: Several Banks In China Ban Crypto Related Transactions, Cryptocurrency Market Panic Increases
Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.
Gate.io Team
june 22, 2021
Get 40% of all referees' trading fees in the affiliate program at https://www.gate.io/referral
Click to Sign up ：https://www.gate.io/m#/register
Download it now at: https://www.gate.io/mobileapp
Follow us on social
Facebook: https://facebook.com/gateioglobal
Twitter: https://twitter.com/gate_io
Telegram：https://t.me/gateio
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
