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Bitget Market Update (2022-06-27)

Bitget Market Update (2022-06-27)

The global cryptocurrency market cap is standing at $951B, meaning a 0.83% decrease from the previous day according to Coinmarketcap data. The total 24-hr Trading Volume for all Cryptocurrencies stood at $50.7B - a 12% decline from the volume of the previous day

Bitcoin (BTC) has traded between the price of $20,965.11 and $21,783.72 within the last 24 hours, as of 07:00 AM (UTC) Bitcoin is trading at the price of $21,317.54 which shows a 0.59% decrease from the last 24hrs, according to Coinmarketcap data

Bitget Market Update (2022-06-27) image 0

Most major cryptocurrencies by market cap are increasing in value. Today’s Top 3 Gainers of the market include:

1st Place


Terra Classic USD (USTC) is the decentralized and algorithmic stablecoin of the Terra blockchain, it is built on the Cosmos SDK and Tendermint consensus. With a current market cap of $154,422,144 and trading volume of $43,066,396, Trading at current marke t price of $0.014947,Terraclassic has seen a decline by 56.4% in the last 30 days. This recent increase is an indication of a good outing for terraclassic.Terra achieves price stability by algorithmically adjusting its supply according to fluctuations in demand for its USTC.

2nd Place


Luna Classic (LUNC) is the original Terra Luna coin left behind following the launch of a new Terra chain after the recent UST/Luna collapse. With a current market cap of $498,196,557.24 and trading volume of $233,517,884.25. LUNC is trading at a current market price of $0.000074311. Will LUNC get to perform the same feat as the previous Luna coin? Most of the traders are optimistic and hopeful about the future of this coin.

3rd Place

ORCA: Up by 26.43%

ORCA is a Solana token that governs the Orca decentralized exchange. Orca aims to enable low-fee, near-instant token swaps using an automated market maker (AMM) model. On the exchange, users supply tokens to “ liquidity pools” and algorithms set market prices based on supply and demand. ORCA can be used to vote on the future of the protocol. With a current market cap of $19,440,367 and a trading volume of $10,224,795, Trading at a current market price of $1.062 we have seen a 144.9% increase in the price of ORCA in the last 7days.

Most Interested Topics:

What are Perpetual Swaps?

Blockchain 101: Different Blockchain Consensus Mechanisms

Derivatives vs Futures

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