India, June 30 -- Despite easing trade and geopolitical tensions, cryptocurrencies are trading on a weak note. Anxiety ahead of key economic data releases including the monthly jobs data from the U.S. due over the course of the week also weighed on sentiment.
Overall crypto market capitalization has declined 0.27 percent in the past 24 hours. It is currently at $3.31 trillion. The 24-hour trading volume has increased more than 28 percent overnight to $89 billion.
With June coming to a close, an analysis of the top 100 cryptocurrencies reveals that only 23 are trading with gains of more than a percent over the 30-day horizon. On the contrary, over 60 percent of the top 100 cryptocurrencies are trading with losses of more than a percent ove...