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  • Daily price analysis of Bitcoin, Bainance Coin, Algrand and Hadra Hashgraf – May 28 price forecast

Daily price analysis of Bitcoin, Bainance Coin, Algrand and Hadra Hashgraf – May 28 price forecast

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  Bitcoin

With the loss of losses, the performance of the global crypto market has changed slightly. The influx of funds into the market has helped Binance Quinn and others to rise. In comparison, the performance of Bitcoin has not improved, as its losses have continued. It seems that the market is not able to cross the current barrier due to the continuing losses. If it can increase continuously, it may be able to cross the current threshold level.

Solana Blockchain has encountered problems processing transactions and other activities due to some operational issues. According to available updates, Solana is 30 minutes behind schedule, affecting its value and global trade. It has also had the same problems due to operational errors in the past. The previous time, its errors caused it to lag behind for hours.

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

Recover bitcoin value

Experts predict that bitcoin may fail or fail. Its data shows that it has been traded above $ 28,000 and may face problems soon. These changes are not yet clear whether it can regain its value or reduce its current value.

BTCUSD 2022 05 28 17 12 53
Source: TradingView

The latest data for Bitcoin show that it has dropped 0.24% in the last 24 hours. If we compare the data of the last seven days, the loss of bitcoin has reached 1.60%. Reducing the influx of funds has also affected the value of the price.

The price of Bitcoin is in the range of $ 28850.26. If we compare the market value of Bitcoin, it is estimated to be $ 549,255,580,454. The 24-hour Bitcoin trading volume is about $ 29,970,835,110.

BNB goes up

Binance Quinn also had problems, but entered a bullish phase as its value strengthened. The Division Network has announced custody of Bainance as its custodian. This will help it support DVI tokens in Binance and lead to more benefits.

BNBUSDT 2022 05 28 17 13 19
Source: TradingView

The latest Binance Quinn data show that it has increased by 0.34% in the last 24 hours. In comparison, the weekly performance shows a decline of 1.42%. Bainance price value continues to fluctuate because the market is unstable.

The latest data show that its price has reached $ 302.03. The BNB market value also improved due to the increase as it is around $ 49,315,222,654. Bainance Quinn’s 24-hour trading volume is approximately $ 2,002,962,873.

ALGO continues to decline

Algrand has moved negatively against the prevailing market trend. Data from the last 24 hours show a decrease of 2.74%. While comparing the performance of the last seven days, the loss is 14.68%. The upward trend has been discouraging for investors.

ALGOUSDT 2022 05 28 17 13 47
Source: TradingView

If we look at the price of ALGO, it is in the range of $ 0.3639. The ALGO market value is also declining, as it is estimated at $ 2,497,392,021. ALGO 24-hour trading volume remained at $ 125,604,146.

HBAR more shedding

Hedera has not been able to regain its value by retreating. The latest data show that HBAR decreased by 2.80% in 24 hours. HBAR losses have reached 12.42% in the last seven days. The trend of losses from Hadra is increasing, which has led to a decrease in investment.

HBARUSDT 2022 05 28 17 14 07
Source: TradingView

Value for HBAR is in the range of $ 0.08783. If we compare the market value of this coin, it is estimated at $ 1,821,799,750. HBAR’s 24-hour trading volume is approximately $ 37,265,952. The coin remained in circulation at 20,741,406,793 HBAR.

Final Thoughts

The global crypto market continues to be in a difficult position as the losses of various coins continue. The total value of the global market has reached $ 1.20 trillion after the new additions to the market value. But there is a need for improvement for Bitcoin, Binance Coin and other market leaders. If the market remains in its current uncertainty, there will be little appeal to investors and further damage to the market.