CRYPTO MARKET INFORMATION SUMMARY 06/20/2022 Market Fundamentals Marketcap: $857 billion BTC.D : 44.17% Fear and Greed Index: 9 Extreme Fear - Extreme Fear. Total Liquidations in 24h: $316 million liquidated, mostly Short Summary of market news June 20 Binance suspends direct deposits and withdrawals in Brazil. Solana DeFi platform votes to control whale accounts to avoid “chaos”. South Korea's Financial Crimes Unit is said to have banned Terra developers from leaving the country. Bitcoin and cryptocurrencies remain “sustainable assets” despite the volatile market. The Fed considers stablecoins a financial instability, urging regulators to step in. Bitcoin faces a hashprice problem as miners massively leave the market. Ukraine has joined the European Blockchain Partnership Agreement as an observer. Fed officials support another strong interest rate hike in July 2022.
