The global crypto market has witnessed a continuation of the positive trend. The recent changes for Bitcoin, Binance Coin, and others show that they retained their gains. As the market has been bullish, there has been no decline in gains for the investors. The market has struggled for continued gains to revive its value, but it hasn’t been successful so far. Though the current trend is that of bullishness, it is yet to be seen how long it will continue.
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Here is a brief overview of the current market situation analyzing the performance of Bitcoin, Binance Coin, and others.
BTC continues to grow
Morgan Stanley has announced a 15% rise in Bitcoin value over the coming days. The price rally has been predicted at a time when the market has continued to be bullish. The market has moved in correlation with the US stock market, while the traders have remained cautious of possible losses.
The recent data for Bitcoin shows the continued addition of capital. The latest data shows it added 0.78% over the last day. The weekly data for Bitcoin shows a gain of 2.21% as the gains continue.
The price value for BTC is currently in the $19,590.92 range. The market cap value for Bitcoin is estimated to be $375,586,061,495. The 24-hour trading volume of Bitcoin is about $27,983,598,019.
BNB in gains
Binance has fulfilled its promise of burning Terra Classic tokens (LUNC) as the project enters the third phase. Binance burned over 2.5 billion Terra Classic tokens in the third batch of burns. Binance has announced charging customers for burning these tokens.
The performance of Binance Coin has also shown improvement over recent hours. The latest data shows it added 0.29% over the last day. The weekly data shows that it has gained 0.55%.
The positive trend has taken BNB’s price value to the $273.88 range. The market cap value for this coin is estimated to be $44,154,447,133. The 24-hour trading volume of this coin is about $590,471,846.
NEXO continues to be bullish
The value of Nexo has also improved due to the recent bullish trend. The latest data shows that it has added 0.79% over the last 24 hours. The weekly performance of this coin shows a growth of 6.74%. The price value for NEXO is currently in the $0.8865 range.
The market cap value for Nexo is estimated to be $495,503,732. The 24-hour trading volume of this coin is about $5,314,785. The same amount in its native currency is about 6,006,573 NEXO.
CSPR bearish
Casper has seen a bearish trend due to the lowered influx of capital. The latest data shows that it has receded by 1.92% over the last 24 hours. The seven-day data shows that it has added 37.87%. The price value for CSPR is currently in the $0.04737 range.
The market cap value for Casper is estimated to be $493,680,722. The 24-hour trading volume of this coin is about $51,340,103. The circulating supply of this coin is about 10,431,357,780 CSPR.
Final Thoughts
The global crypto market has continued to be bullish as the influx of capital remains unchanged. As there were little impediments to growth, the value of Bitcoin, Binance Coin, and others enhanced. The recent changes have also strengthened the global market cap value. The latest data shows that it is estimated to be $933.69 billion.
