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  • Daily Price Analysis of Bitcoin, Binance Coin, Tron and Polygon – July 15 Morning Price Prediction

Daily Price Analysis of Bitcoin, Binance Coin, Tron and Polygon – July 15 Morning Price Prediction

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  Bitcoin

There has been a rapid influx of capital into the global crypto market. As capital inflows intensified, the value of Bitcoin and altcoins increased significantly. The increase in profit value has given these coins a boost and hopes to break the current threshold level. Continued changes indicate that the market may be experiencing pressure. If the uptrend maintains its strength, it can make new highs.

French politicians have also come out in support of crypto. The latest statement came from a former French MP in the National Assembly, Pierre Persson, who supported cryptography in an interview on Euronews Next. He said that France is pro-business and should welcome crypto. He said that people have expressed their interest in digital currencies and politics should not stand in the way.

When asked about Bitcoin and other major currencies being low, he replied that they are more mainstream. He said the losses are still there, but people are becoming more open-minded about digital currencies. He said: Decision makers will reconsider their position and adopt better policies.

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

Bitcoin continues to improve

The bearish market has not stopped the spread of applications and ATMs for buying bitcoins. According to the updates, the Bitcoin Purchase app will be available at more than 175,000 ATMs across the United States. The idea behind these machines is to facilitate users.

BTCUSD 2022 07 15 17 17 52
Source: TradingView

The latest data for Bitcoin shows that it has increased by 5.30% in the past day. In comparison, Bitcoin’s performance in the past seven days shows a drop of 3.68%. Changes in the market have helped restore its value.

Bitcoin price is in the range of $20,783.97 and is improving. Bitcoin market cap is estimated at $396,853,835,373. The 24-hour trading volume of this coin is about $48,720,534,158.

The value of BNB is growing

Binance smart chain continues to attract new applications and developments. Last on the list is Tothesmart, a smart contract built on the blockchain. Investors and developers trust this blockchain because of its massiveness and resilience during tough times.

BNBUSDT 2022 07 15 17 18 21
Source: TradingView

Binance Coin has also moved forward with the continued influx of capital. The latest data shows that it has increased by 3.90% in the previous day. The performance of the last seven days shows a decline of 1.01%.

BNB’s price value has also suffered as it is currently around $237.01. If we look at its market value, it is estimated at $38,698,949,049. The 24-hour trading volume of this coin is about $1,659,089,826.

TRX is slow in its gains

Tron has been delayed with a 2.86% gain in the past day. Its profit is less than other coins in the market. The weekly performance of this coin shows a drop of 1.55%. These changes have affected its price value, which is struggling to increase.

TRXUSDT 2022 07 15 17 18 43
Source: TradingView

The current value of TRX price is in the range of $0.06727. If we compare the market value of this coin, it is estimated at $6,220,556,085. The 24-hour trading volume of this coin is about $564,706,752. The same amount in its native currency is about 8,394,955,785 TRX.

MATIC continues to accelerate

Because investors are bullish on it, Polygon has made quick profits. The latest data of this coin shows that it has increased by 11.82% in the last day. If we compare the performance of this coin in the last seven days, it has increased by 22.27%. The continuation of the trend has helped its price value to $0.6921.

MATICUSDT 2022 07 15 17 19 07
Source: TradingView

The market cap for MATIC is estimated at $5,541,534,585. The 24-hour trading volume of this coin is about $1,480,688,050. The circulating supply of this coin remained at 8,006,803,853 MATIC.

Final thoughts

The global crypto market has had a good day as it continues to be bullish. The latest data shows that it has added significant value, as evidenced by the gains in Bitcoin and altcoins. This rapid increase has brought the global market value to $932.82 billion. As gains continue, they may grow even more.