The global crypto market has continued to stay on track as its value has risen. The recent changes for Bitcoin, Binance Coin, and others show growth in their value. As the market performance has improved, there is a likely chance of gains in the coming days. The market has faced lasting losses, leading to one of the longest crypto winters. The result was the bankruptcy of various crypto companies. The ongoing situation brings hope to investors and big firms that were looking toward growth.
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Here is a brief overview of the current market situation analyzing the performance of Bitcoin, Binance Coin, and others.
BTC trading in the $20.7K range
Bitcoin has hit a new six-week high as Ethereum liquidates $240 million more shorts. Retail traders are repeating past mistakes over and over as bulls smoke late BTC shorters. While Bitcoin is at a little distance from the prized $21K territory, which it is likely to cross soon.
The recent changes for Bitcoin show a continuing trend of bullishness. The latest data shows that it has added 1.52% over the last 24 hours. The weekly data shows that it has added 7.84%.
The price value for BTC is currently in the $20,744.02 range. The market cap value for Bitcoin is estimated to be $398,038,760,018. The 24-hour trading volume of Bitcoin is about $42,371,318,376.
BNB likely to break resistance
Binance has unveiled educational series to tackle crypto fud. The crypto exchange has plans to roll out fresh educational series to curb disinformation, myths, inaccuracies, and fud in the crypto ecosystem. On the other hand, the company has also planned to join hands with Elon Musk to tackle the issue of bots.
The performance of Binance Coin shows a positive trend. The recent data shows it added 2.44% over the last day. The weekly data shows that it has added 11.17%.
The positive trend has taken BNB’s price value to the $301.01 range. The market cap value for this coin is estimated to be $48,132,519,866. The 24-hour trading volume of this coin is about $1,369,047,435.
MINA continues to rise
The performance of Mina has also shown a trend of rise as the bulls continue to favor it. The latest data shows that it has added 15.99% over the last day. The weekly performance shows that it has added 29.10%. The result of positive changes is an increase in Mina’s price value which is currently in the $0.7048 range.
The market cap value for Mina is estimated to be $512,565,814. The 24-hour trading volume of this coin is about $115,669,883. The same amount in its native currency is about 163,295,629 MINA.
DASH bullish
The value of Dash has also risen as a result of the bullish pattern that it followed. The latest data shows that it has added 2.76% in 24 hours. The weekly data shows that it has added 5.11%. The price value for DASH is currently in the $43.11 range.
The market cap value for Dash is estimated to be $473,750,313. The 24-hour trading volume of this coin is about $80,702,082. The circulating supply of this coin is about 10,981,379 DASH.
Final Thoughts
The global crypto market has seen a positive trend over recent hours. The performance of Bitcoin, Binance Coin, etc., has continued to show enhancement. The rising influx of capital has also strengthened the global market cap value. The latest data shows that it is estimated to be $1.02 trillion.
