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  • Daily Price Analysis of Bitcoin, Atrium, Bainance Coin, Polygon, Solana – December 1 Summary

Daily Price Analysis of Bitcoin, Atrium, Bainance Coin, Polygon, Solana – December 1 Summary

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  Bitcoin

TL; DR failed

  • Changes in global market value decreased by 0.36%.
  • Bitcoin adds 0.22% to its value in the direction of profitability.
  • Unlike Bitcoin, Binance Coin and Atrium show a negative trend.

Recent changes in the market have led to changes in the pattern of fluctuations in recent days. Contrary to changes in the price of Bitcoin, followed by the other two major currencies, this time prices remain down and Bitcoin is on the rise. It may also affect their growth and regeneration due to changes in pattern.

Although Bitcoin has shown an upward trend, the global market value has continued to decline due to Atrium and Binance Coin. With the exception of Solana and Bitcoin, all other currencies in the top 10 currencies show recessive tendencies. The downtrend may not last long because there are almost daily fluctuations in the market – communities are always backing their favorite coins!

Bitcoin has gained 0.22% in the last 24 hours

Bitcoin has been the most resilient coin in the crypto market. Its flexibility has been the main reason it remains the top currency. In the last seven days, it had shown a different trend, showing both ups and downs in its value. Bitcoin gained value and then lost it, which was very shocking for some investors.

BTC in the last seven days showed a value decline that was scattered and was estimated at 1.04 percent. The price recorded for Bitcoin at the time of writing was around $ 57,219. The increase also affected the value of the Bitcoin market, which reached $ 1,080,786,194,088.b.

The registered volume for bitcoin is $ 36673037788, which is equivalent to 640916 bitcoins. The chart below shows bitcoin price fluctuations, but recent changes have shown positive growth.

Bitcoin circulation in circulation at the time of writing this article was 18888362 bitcoins. You can see some of the consequences of BTC price fluctuations here.

Daily Price Analysis of Bitcoin, Atrium, Binance Coin, Polygon, Solana - Summary December 1
Source: TradingView

Atrium has dropped 1.79 percent in the last 24 hours

Atrium has been ahead of prices in recent days, but this time it has led the competition in devaluation. All other coins except Bitcoin and Solana are experiencing negative price changes, of which Atrium is one. The listed price for Atrium at the time of writing was around $ 4,614.

Although it has depreciated in the last 24 hours, its performance in the last seven days has been satisfactory. In the last seven days, it has increased by 6.57%, which shows a positive trend overall. The registered market value for Atrium was $ 547,165,433,065.

Atrium was $ 26,925,781,529 at the time of writing. This volume, if estimated in the atrium, leads to 5834692 atriums. The general chart of Atrium Weekly performance is green and shows that it has added value without significant loss.

Its current supply is 118,568,213 ETH.

Daily Price Analysis of Bitcoin, Atrium, Binance Coin, Polygon, Solana - Summary 1 December 2
Source: TradingView

Binance Quinn remains stable at $ 627

Quinn Quinn had a slight decline, estimated at 0.30%, which is very small compared to the growth of the last seven days. In the last seven days, it increased by 4.21% and significantly increased its value. This addition means that this small loss will not affect its overall growth if it maintains a constant acceleration.

The market value of Binance Quinn was $ 104,680,451,469 at the time of writing. If we look at the volume of this currency in the last 24 hours, we get 2,821,972,346 dollars, which is estimated at 4,496,620 BNB. Like Atrium, Binance Quinn has performed well over the past seven days, showing positive growth and added value.

The circulation of Bainance Quinn at the time of writing was BNB 166,801,148.

Daily Price Analysis of Bitcoin, Atrium, Binance Coin, Polygon, Solana - Summary 1 December 3
Source: TradingView

Polygon has added 25.69% in the last seven days

Polygon (MATIC) is one of the few currencies that has grown in the last 24 hours and seven days. It remained bullish, rising 17.14% in the last 24 hours, setting the price at $ 2.18 at the time of writing.

It currently ranks 15th on the list with a market value of $ 15,341,971,317. The volume recorded for Polygon in the last 24 hours was $ 3,296,184,988. Polygon’s supply is around 7,021,682,963 MATIC.

Daily Price Analysis of Bitcoin, Atrium, Binance Coin, Polygon, Solana - Summary 1 December 4
Source: TradingView

Solana has added 11.05% in the last 24 hours

Solana (SOL) is one of the two coins that has had a positive value in the last 24 hours. It ranks fifth on the list and its current price is estimated at $ 234. Its seven-day performance is equal to its 24-hour performance, which is up 11.69%, indicating that it has continued to move steadily.

Solana’s market value at the time of writing was $ 71,555,440,086. The improvement in value is also reflected in the volume of the last 24 hours, which is $ 3,841,164,731. This volume can be converted to an estimated value of 16,399,875 SOL.

Top winner and loser

In the last 24 hours, the highest gain of the euro was Shiba Ino, which increased by 7214.65% in the last 24 hours, bringing its volume to $ 1,412,620.

The biggest loser in the last 24 hours was Spice DAO, which lost 100% in the last 24 hours and reached its price of $ 0. Its volume in the last 24 hours is $ 1,426,821.

Final Thoughts

The rise and fall of value is part of the crypto market and will continue as long as market players are dominant. Many coins do not last long, as we have seen the most losers in the last 24 hours. Bitcoin, on the other hand, has shown admirable flexibility and rises again immediately after devaluation. That’s why experts recommend keeping your cryptocurrency investments below 5% of your total portfolio.

More than a month ago, the digital currency market marked a new turning point with bitcoin ETFs, leading to a historic $ 65,000 increase in the price of new bitcoins. Bitcoin prices have risen due to ETFs, it may be a simple explanation, but what are the market forces playing? We also mentioned what Mark Kuban said, ETFs are successful, but direct investment in BTC is much better.

Although there is a devaluation in the market, it has not made a big difference in the global market value and leaves room for improvement. If Atrium and Binance Coins continue to grow Bitcoin, it will increase soon. Many experts expect the price of bitcoin to exceed $ 100,000 by next year. what is your idea about this? Please let us know in the comments below.