Cryptocurrency

Top 10 Crypto Prices for June 16, 2023: Hong Kong Restates That Banks Should Assist Licensed Crypto Exchanges

Written By : Shiva Ganesh

Hong Kong's demand for banks to accept crypto clients comes at a time when nations such as the U.S. are ramping up their support for crypto exchanges. Analytics Insight has listed the top 10 current cryptocurrency prices for June 16, 2023

Hong Kong has been pulling out all the brakes in its attempt to become a global crypto hub, from recruiting mainland Chinese crypto businesses to floating proposals to test a digital dollar in its mortgage market. The Hong Kong Monetary Authority questioned the UK-based lenders and the Bank of China last month about why crypto exchanges were not allowed as clients, according to the newspaper. Analytics Insight has listed the top 10 current cryptocurrency prices as of June 16, 2023. 

Bitcoin- US$25,483.06 (Up by 2.12%)

Ethereum- US$1,669.20(Up by 1.57%)

Tether- US$0.9992 (up by 0.07%)

BNB- US$238.06 (Up by 1.38%)

USD Coin- US$1.00 (up by 0.03%)

XRP- US$0.48(Down by 0.25%)

Cardano- US$0.263(Up by 1.80%)

Dogecoin- US$0.06175(Up by 3.12%)

Torn-US$0.07(Down by 2.34%)

Solana – US$14.84 (up by 0.06%)

According to CoinMarketCap, the total crypto market volume over the last 24 hours is US$35,418,338,710 experiencing a surge of 1.33%.

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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

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