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June 2020 recap - Sideways down

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@erikklok
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Again a month has passed. Let me show you how my portfolio did.

Market update

This was a month with mostly sideways action, but the general trend was a little down. The total market cap of cryptocurrencies went down from 270 bn to 261 bn. Bitcoin dominance was almost flat from 65.0% to 64.8%. Looking at the prices of the individual currencies, Bitcoin went down from $9,500 to $9,150 this month. The price of Ethereum went down from $237 to $226.

Current Portfolio

Again I didn't invest more money in Bitcoin and Ethereum. My overall portfolio value is now about €120 lower than one month ago. My portfolio shifted a bit more towards BTC. My personal BTC "dominance" is now at 69.1% (from 69.0%). In total I have invested €2,600 in Ethereum and Bitcoin, so I'm still at a small overall profit right now.

I managed to hugely increase my Hive Power holdings the last month from 3,603 to 4,538 HP. Nice to see the swap from Steem to Hive having a great influence.

Will we see more downward price action this month? Or are we going to see another rise? We'll see it in the coming recaps.