TL; DR failed
- Bitcoin turns red and falls in the range of $ 57,000.
- Atrium falls below $ 4,200 as the BNB, ADA and VET also fall.
- Increasing the FLOW and CRO records, as SOL and ATOM, remain green.
Bitcoin and Atrium fluctuations are clear examples of price fluctuations in crypto. However, their success shows the potential of this concept in modern times. Over time, the crypto industry has not only increased its self-confidence, but has also significantly improved in terms of trading volume and market value. However, in the market reform process, these figures are damaged in their reputation. The value of the global digital currency market has fallen 1.53 percent to $ 2.58 trillion since yesterday.
Bitcoin can not clear $ 60,000 and falls below $ 58,000 again
Despite the fact that Bitcoin is the hottest commodity in digital assets and the most valuable cryptographic token, it is trying to gain more momentum and keep pace with market fluctuations. A similar dilemma is facing Bitcoin in the current market conditions. Bitcoin returned to its lowest level of $ 55,000 in the recent decline. As the cows tried to return, they were able to bring the price closer to $ 60,000. However, they were slow and bitcoin returned below $ 58,000 in recent hours.
As the chart below shows, bitcoin has reached $ 60,000, but has fallen sharply since then. At the time of writing, the value of the leading digital currency is just over $ 57,400. The current price of Bitcoin is about 2.50 percent lower than yesterday and about 13 percent lower than last week. The token has a trading volume of $ 27.65 billion with a market value of $ 1.09T. Bitcoin currently dominates the market by about 42.2%. However, as Bitcoin continues to struggle with its uptrend, others are following suit.
Atrium falls below $ 4,200, many altcoins are damaged
In addition to Bitcoin, Atrium (ETH), the second largest digital currency, is trying to reach the highest level. It had previously risen from $ 4,000 to $ 4,300. But since then, the ether has dropped to less than $ 4,200. Atrium is hovering around the $ 4150 mark after falling 4.30%. Atrium has lost about 12 percent since last week, reducing its trading volume to $ 15.69 billion. Given that it has fallen from its highest level, the leading Altcoin depicts a lack of movement. The ETH chart shows that it is following the path of bitcoin and is currently in sharp decline.
Baines Coin (BNB), on the other hand, is down $ 470, down 4% from yesterday. The popular token also grapples with market value and trading volume and limits its progress to some extent. Cardano has continued to work, as he has returned to $ 1.80. The ADA traded above $ 1.90 for a short move yesterday, but fell 4.50 percent. XRP and DOT remain in the same pattern, as they remain around $ 1 and $ 40, respectively.
In addition, Dogecoin and Shiba Inu recorded a loss of about 4% in their valuations. LUNA fell more than 6.60%, UNI about 4% and MATIC almost 5%. VET and ICP also fell by more than 6%. The former is priced at $ 0.129, while the latter is now under $ 43.
CRO and FLOW remain at the top
There are currently only a handful of green tokens on the crypto market. However, few of these coins have had giant jumps in their prices and have reached their highest levels in terms of trading volume and market value. Increasing the acceptance of these coins has also helped them become more relevant, usable and valuable. The Crypto.com (CRO) coin has made significant gains in recent hours, crossing $ 0.70.
The coin chart shows that it reached a high of $ 0.75 before reaching just under $ 0.70. This token is still about 20% higher than its price yesterday. Also, the CRO has increased by about 50% in the past week. Its market value and trading volume have exceeded $ 17.80 billion and $ 2.30 billion, respectively. The coin may seek to boost its profits and record more profits in the coming days.
In addition, FLOW managed to cross $ 14 with a sharp 8% increase. The 7-day price has also risen, indicating that the current market downturn has not had such an effect on coin performance. FLOW cultivars have been able to stay green, which is a healthy improvement for the coin as it seeks to increase.
Also, MIOTA increased by 7% and is now valued at $ 1.39. Metawor coins such as GALA and Sandbox (SAND) have experienced a small break in their massive rise over the past few days. Solana (SOL) experienced a 3.5% increase, while Cosmos (ATOM) touched $ 30 after a significant increase of 4.20%. Avalanche (AVAX) also continued its upward trend and after reaching $ 147 yesterday, it is trading around $ 137.
The digital currency market is currently in limbo as cows have been able to stay above local support levels. But at the same time, they lack the momentum to try to achieve more. Only a handful of coins have experienced a significant increase. However, the next few days will be crucial to show a more accurate pattern of the market as a whole.
We can detect deviations to NFT and Metaverse tokens. Flow, for example, has a rich ecosystem of top entertainment brands, development studios, and venture startups. Streaming ecosystem partners include global IP brands such as Warner Music, Ubisoft, NBA and UFC. Leading game developers, including Animoca Brands, Sumo Digital and nWay. Ramzar leaders such as Circle and Binance. As well as several notable projects among the next generation of high-growth startups, including Opensea.
The digital currency market will never surprise you with its price fluctuations and patterns, and it will make something unique, attractive and at the same time risky. High-speed industry offers high profit potential to investors and traders. At the same time, crypto networks also provide a wide range of application features for consumers that make up the whole شبنگ More relevant
Read more about perceived fluctuations and trends in the crypto market.