Bitcoin Falls Below $20k Support Level; Celsius Repays $183m Debt

06 Jul 2022

📉BTC |$19,830.03 ($-350.18, -1.69%)
📉ETH | $1,113.61 ($-31.59, -2.76%)
📉XRP | $0.321726 ($-0.004675, -1.43%)
📉LTC | $49.39 ($-2.30, -4.45%)

📉Total Crypto Market Cap: The global crypto market cap is $894.02B (-1.64%)

😐After circling the $20K mark on Tuesday, Bitcoin (BTC) dropped below the $20k support level. BTC traded at $19.800, down 1.6% over the previous 24 hours. Ether was changing hands at about $1,110, down 2.7% for the same period. Other altcoins such as XRP and LTC saw different shades of red, falling by 1.4% and 4.4% respectively.

💰Celsius has repaid Maker, one of the biggest decentralized lending platforms, $183 million of its collateralized loan. The cryptocurrency lending firm reportedly started to lay off staff in June and stopped withdrawals amid a liquidity crunch. The debt was settled using DAI, the native stablecoin of the Maker platform.

🚗In order to develop a program that certifies racing car parts, Vincenzo Sospiri Racing (VSR), a GT racing team supported by Lamborghini’s motorsport division, has announced its partnership with non-fungible token (NFT) platform Go2NFT. The partnership will enable VSR to monitor and guarantee the quality of the auto parts through NFT certifications.


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