The global crypto market has kept its pace as it continued bullish. The recent data for Bitcoin and others shows a positive trend. The continuation of a positive trend has kept the market moving forward in an optimistic manner. The positive trend is likely to continue as the market difficulties seem to be coming to an end. As the market has continued to increase gains, there has been an enhancement in the influx of capital.
Fidelity has plans to launch commission-free crypto trading for customers. Fidelity Investments has announced the launch of Fidelity Crypto, a service that will allow retail investors to trade BTC and ETH without having to pay a commission fee. Fidelity Investments is one of the largest brokerage firms that have assets worth trillions under its management. The service it plans to offer will be commission free but it will add a 1% fee to each transaction.
Fidelity has labeled it as spread and justifies it as the difference between the execution price and the price at which Fidelity fills the customer’s order. Fidelity serves around 40 million investors and has opened access to waitlist users. The company hasn’t given any exact date for the launch. According to media reports, Fidelity follows Robinhood and Binance in commission-free crypto trading.
Here is a brief overview of the current market situation analyzing the performance of Bitcoin, Binance Coin, and others.
BTC stays at $21.3K
Venture capitalists predict a rise in the value of Bitcoin in the upcoming six months. Bitcoin has finally been able to cross $21K after seven weeks of failed attempts. As it was able to break past that barrier, it is likely to move further ahead.
The recent changes for Bitcoin show a continuation of its positive pace. The latest data shows that it has added 1.48% over the last 24 hours. The weekly performance of this coin shows an addition of 2.10%.
The price value of BTC is currently in the $21,310.99 range. The market cap value of Bitcoin is estimated to be $409,161,884,797. The 24-hour trading volume of Bitcoin is about $49,704,136,143.
BNB turns recessive
Binance CEO CZ has expressed his views on investing in Elon Musk’s Twitter acquisition. He said that free speech is a pre-requisite for having freedom of money which they are working for. He highlighted the importance of Twitter and its plans to make it further accessible.
The performance of Binance Coin shows that it couldn’t continue its pace. The recent data shows that it has shed 0.06% over the last 24 hours. The weekly performance shows that it has added 16.05%.
The price value of BNB is currently in the $350.88 range. The market cap value of this coin is estimated to be $56,202,367,610. The 24-hour trading volume of this coin is about $1,292,764,130.
APT continues to grow
The performance of Aptos has also shown a positive trend. The latest data shows that it has added 5.24% over the last 24 hours. The weekly performance of this coin shows a loss of 2.42%. The price value of APT is currently in the $7.74 range.
The market cap value of Aptos is estimated to be $1,002,916,992. The 24-hour trading volume of this coin is about $335,973,119. The same amount in its native currency is about 43,549,472 APT.
MKR in gains
The value of Maker has also risen following the bullish trend. The latest data shows that it has added 1.46% over the last day. The weekly data shows that it has shed 1.39%. The price value of MKR is currently in the $902.21 range.
The market cap value of Maker is estimated to be $881,595,890. The 24-hour trading volume of this coin is about $29,281,668. The circulating supply of this coin is about 977,631 MKR.
Final Thoughts
The global crypto market has seen a bullish trend over recent hours. The performance of Bitcoin and others has seen a boost due to the continuation of the influx of capital. The increase in gains has strengthened the market. The global market cap value has also witnessed enhancement due to a bullish trend. The latest data shows that it is estimated to be $1.06 trillion.
