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  • Daily Price Analysis of Bitcoin, Atrium, Dodge Coin and Polkadot – May 18 Summary

Daily Price Analysis of Bitcoin, Atrium, Dodge Coin and Polkadot – May 18 Summary

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  Bitcoin

The performance of the global crypto market has deteriorated over time as little improvement has been achieved. The market has seen changes that have pushed it to a new low. One example is Bitcoin, which has undergone changes that have caused it to lose a third of its value and continues to decline. Changes remain on the negative side of the path, resulting in lowering the coins. The market has reached a worrying low due to the continuous depreciation because the value of different coins is in a state of ambiguity and may shock investors if it declines further.

The world is using cryptocurrencies and blockchain as part of the Web3 solution. Although the market is moving downwards, the increase in acceptance predicts a bright future. The latest case in point is Cloudflare, an Internet services company. Decided to run Atrium validation nodes. These nodes are part of the focus of Web 3 because it plans to keep up with current developments. Terra management, on the other hand, has begun work on the recovery process because they are seeking compensation for affected users. Terra blockchain is enabled, while switching excludes UST in the app.

Here is a brief overview of the current market situation, performance analysis of Bitcoin, Atrium and others.

Bitcoin taken by whales

The global crypto market has faced various problems as financing rates have reached their lowest annual levels. Bitcoin has the largest market share and little progress. Therefore, its effects appear throughout the market. The value of bitcoin and dove is almost the same because bitcoin has reached $ 29,000.

BTCUSD 2022 05 19 06 49 02
Source: TradingView

If we look at the performance of Bitcoin in the last 24 hours, it shows a decline of 4.76%. Bitcoin weekly performance shows that it has lost 2.38%. The value of bitcoin has been steadily declining as it has been affected by the rising tide.

The current value of the Bitcoin price is in the range of 28879.71 dollars. If we compare the market value of Bitcoin, it is estimated to be $ 550,281,798,528. The coin has a 24-hour trading volume of approximately $ 31,686,142,092.

Atrium less than $ 2,000

Atrium has continued to be one of the most important parts of the Web3 project, but its value has declined due to the ongoing recession. The whales continue to dominate the atrium as it continues its triumphant journey. The next few hours may be a test for it because of the critical devaluation.

ETHUSDT 2022 05 19 06 49 27
Source: TradingView

In the last 24 hours, data show that atrium has decreased by 6.98%. If we compare the weekly performance, it has decreased by 8.87%. The value of atrium is rising due to global instability. Changes may continue because there is little hope in other markets.

Atrium is valued at $ 1932.90. If we compare the market value of ETH, it is estimated to be $ 233,559,738,432. The 24-hour trading volume for Atrium remained at $ 17,927,618,624.

DOGE slows down

Despite the support of Ilan Mask on various platforms, Dogecoin has continued to support it. Continuous market changes over the past 24 hours have reduced it by 6.76%. In comparison, the last seven days show a decrease of 4.97%. The DOGE price has decreased with the strengthening of the recessed current.

DOGEUSDT 2022 05 19 06 49 45
Source: TradingView

The current value of the Dogecoin price is in the range of $ 0.08368. If we compare the market value, it is estimated at $ 11,163,955,550. The 24-hour trading volume for Dogecoin is approximately $ 572,607,464.

DOT courtship down

Polkadot is no different from other coins because it was approaching the abyss. Losses for DOT increased without observing any significant positive change in value. If we look at the data of the last 24 hours, it shows 12.71% loss. In comparison, the weekly profit for it remains at 2.99%. The current value of the Polkadot price is around $ 9.51.

DOTUSDT 2022 05 19 06 50 10
Source: TradingView

The market value of this coin is estimated at $ 9,446,427,430. In comparison, the 24-hour trading volume of this coin is about $ 897,704,596. The circulation of this coin is about 987,579,315 DOT.

Final Thoughts

The global crypto market has declined amid declining cash flow. The situation has changed little positively as the leading market coins have suffered losses. The global market value indicates a loss because according to the latest updates, it has reached $ 1.23 trillion. If the market can not resist change, the current depreciation may lower it further.