{"id":19355,"date":"2023-06-18T17:51:01","date_gmt":"2023-06-18T17:51:01","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/is-the-cryptocurrency-market-about-to-break-its-10-week-losing-streak\/"},"modified":"2023-06-18T17:51:04","modified_gmt":"2023-06-18T17:51:04","slug":"is-the-cryptocurrency-market-about-to-break-its-10-week-losing-streak","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/is-the-cryptocurrency-market-about-to-break-its-10-week-losing-streak\/","title":{"rendered":"Is the cryptocurrency market about to break its 10-week losing streak?"},"content":{"rendered":"
The cryptocurrency total market capitalization fell to $1.02 trillion on June 15, its lowest level in three months. But while the derivatives market’s resilience and end-of-week price gains amid uncertainty in stablecoins’ reserves provides hope for bulls, it might be too soon to celebrate.<\/p>\n
The past few week have seen a bearish trend fueled by regulatory uncertainty. Last week, Bitcoin (BTC) and BNB saw 2.5% gains, but XRP dropped 5.2%, and Ether (ETH) traded down 0.7%.<\/p>\n