TL; DR Overwhelm
- Bitcoin continues to lose. Value reaches $ 57050.06, which loses 0.72% in 24 hours.
- The Atrium crash continues at $ 4177.91, losing 0.01 percent in 24 hours.
- SHIBZ continues to rise, adding 30.44% to its value. HAM shares the chart with 16.85% green.
- Dogecoin is ranked 11thSeventh0.25% added in 24 hours.
The crypto industry continues to entertain investors and interested people due to price fluctuations and market value. Currencies such as Bitcoin and ETH continue to fall, and investors’ hopes are shaken. Today’s challenges continue to keep investors in a state of uncertainty, hope and despair. Despite the losses, the market value of digital currencies continues to grow.
The market value of digital currencies is $ 2.46 trillion, down 4.45 percent. The market contraction continues and shows a negative trend.
Bitcoin failed to maintain its value and fell to $ 57050.06
Bitcoin continued to decline with a decrease of 0.72% in 24 hours. For more than a week, Bitcoin has seen its value decline. Despite being the leading currency in the crypto market, it has lost 7.35% in the last seven days. The current market value of bitcoin is $ 1,072,259,624,625, while the volume in US dollars is $ 34,993,754,939, which is equivalent to 616,181 bitcoins.
Recently, there was hope that Bitcoin would cross $ 60,000, but these efforts were shaken. The chart below shows the fierce bitcoin struggle, but it continues to fail. At the time of writing, Bitcoin is valued at about $ 57,000 and may cross the line if speeds up.
According to CoinMarketCap updates, the bitcoin supply in circulation at the time of writing is 18880681 BTC.
Atrium fell to $ 4177.91. Altcoins are also damaged
Atrium continues to follow the loss trend and has lost 0.01% of its value in the last 24 hours. At the time of writing, the Atrium market price was $ 4177.91, which shows a negative price trend compared to the last 24 hours. This week was a bad week for Atrium, with a persistent negative trend of 3.91%.
Atrium’s current market value is estimated at $ 490,270,333,657. Although it ranks second on the list of largest cryptocurrencies, it has seen a steady decline. It ran into $ 4,300, but lost momentum again. As the weekly trend shows, it has continued to struggle, but as the benchmarks show, losses are common. Atrium volume in the last 24 hours was 19,344,037,083 US dollars, which is equivalent to 4,673,609 ETH.
Bainance is down 0.64% in 24 hours and, like other currencies, continues to lose.
At the time of writing, Bainance was priced at $ 566.96. It has lost 7.71% this week, which is in line with the downtrend like other major currencies. Bitcoin tops the list, followed by Atrium and then Bainance. As can be seen from the graphs, they all show a red trend.
The Binance market recorded at the time of writing was $ 94,472,290,118.
SHIBZ and HAM trends with + 28.44% and 21.01%, respectively.
Hamster (HAM) is considered as the top currency among popular currencies. In the last 24 hours, the value has reached 21.01%. Followed the green trend during the week with a value of 11.84%. What puts it at the top of the table is the continuation of the increase in the last month, which has seen an increase of 83.09% in the last 30 days. This is one of those coins that has increased its market value and volume during the month. As can be seen from the chart, there have been big jumps in the last seven days and widely in thirty days.
The current market value for HAM is $ 87,315,697 with a volume of $ 1,858,337. While the current price of hamsters in the market is $ 0.00000003662.
ShibaZilla (SHIBZ) is the second CoinMarketCap trend list. It has increased by 28.46% in the last 24 hours and by 89.08% in the last seven days. As the benchmarks show, it performs well compared to top currencies that are experiencing steady decline. The overall performance of SHIBZ in the last 30 days shows a negative 50.51%.
Doge rose 0.25% to $ 0.2231
DOGE Quinn (DOGE) continues to maintain its trend due to the support of Ilan Mask. Currently, 11 remainSeventh at list. Has increased in the last 24 hours and shows 0.25% green. The trend of the last seven days was 9.94%. It was recently eliminated from the top 10 by Avalanche and held the top 10Seventh Position in the list
The market value of Doge at the time of writing was $ 29,479,177,411. Its volume for 24 hours was $ 914,917,907.
Even if giants like BTC, ETH and BNB remain in the top three, fluctuations in cryptocurrency prices remain. Some coins such as HAM and SHIBZ have shown tremendous progress, while coins such as DOGE continue to change to green and red and are not fixed.
Crypto fluctuations attract investors due to excitement and profits. It is a rule of thumb to buy dips. Sell Rips. This may make sense when traders are reluctant to stay in a position where they can not predict what will happen overnight. Here’s a good explanation of why “buy drop” is a terrible strategy for stocks. What about cryptocurrencies? Whales can control the cryptocurrency market by buying and dumping, and people are affected by FOMO.
Despite the risks, there has been a continuing interest in digital currencies. The industry is growing rapidly and is attracting investors because of its profits. The return on investment is maximized if done early in a project. A promising future can only be guaranteed by a society that remains loyal and confident during the collapse.
Do you think Changpeng Zhao (CZ), Binance CEO, is going to buy Deep? Please let us know in the comments below.