The cryptocurrency market trends of June 5 isn’t something to embrace for most of the cryptocurrencies. The fall in the value of Bitcoin (BTC) has affected the value of almost every other altcoin. The average decrease in value for the coins is approx. 3%. However, some coins do have a positive growth, but nothing to boast about as it is negligible. Le’s look into how the coins have performed during the day.
OmiseGo started off the day by steadily increasing in value from $11.04 to $11.21 in a matter of 3 hours, after which it held the value for the next 4 hours. However, during the next 2 hours, it declined in value by $0.42, which also decreased its market cap by $40 million. It ended the day on a high by rising to $11.03. The overall decrease in coin value is 1.76%. Its value with respect to Bitcoin (BTC) is 1 Bitcoin (BTC) = 0.00149 OmiseGo (OMG).
Bytecoin held a steady price during the major part of the day. However, during the later hours, it suddenly declined to find itself in the middle of a 3% decrease in value. Despite the fall, it soon regained value and currently stands at $0.0058 with a market cap of $1.08 billion USD. Its value with respect to Bitcoin (BTC) is 1 Bitcoin (BTC) = 0.00000079 Bytecoin (BCN).
ICON had an eventful day at the crypto exchanges. It had both ups and downs, which altered its value massively. It started off with a price of $2.66 and a market cap of $1.01 billion USD. At 6:50 UTC, it underwent a sudden downfall, reducing it to a market cap of $991 million USD. Further, it found a massive spike with respect to Bitcoin value. As of now, one ICX coin is equal to 0.000356 Bitcoin (BTC).
Lisk coin has been one of the major losers today. Though its day started off on a high note, with a coin price of $9.59, it soon slipped down to the gallows. In a matter of a few hours, it went down to $8.98, thereby losing its market cap by a whopping $78 million USD. It failed to regain value all through the day. Currently, 1 Lisk = 0.00119 Bitcoin (BTC).
Zcash experienced severe variations throughout the day. At the beginning of the day, it lost a market cap of close to $20 million USD after its value went down to $233.68. At 3:20 UTC, it regained its market cap of $970 million USD. However, currently it stands at $232.1 with a market cap of $945 million USD. 1 Zcash = 003123 Bitcoin (BTC).
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