logo

Bitcoin, Binance Coin, Filecoin, and Helium Daily Price Analysis – 27 June Morning Price Prediction

bitcoin
TL;DR Breakdown

The global crypto market has remained at lows as the margin of losses remains 2.19%. The performance of Bitcoin has seen no changes in value as its losses remained at 2.17%. Binance Coin has also seen a recession as it has shed 2.62%. Filecoin and Helium are also bearish as they have shed 4.55% and 5.64%, respectively.

The global crypto market has seen no changes in its performance as the losses remain unchanged. It has affected Bitcoin, Binance Coin, and others, as the market didn’t pick new gains. The changes suggest that the investors might have to suffer losses, though not big at the start. If the market continues like this, it would face speedy sell-offs, affecting the value in the long run. It is yet to be seen whether it remains like this or changes soon.

The bearish market has caused significant losses, but it has also brought something good to the market. One of these changes is the reduced carbon footprint of Bitcoin. It is the result of the crypto bear market,, which significantly decreased carbon emissions. One of the major demands of environmental protection activists is a decrease in this value.

Cardano’s founder Charles Hoskin addressed Congress and discussed the prospects of the crypto blockchain system. His testimony to Congress included how it can be used to serve in real life and what ease it can bring to humanity.  

Here is a brief overview of the current market situation, analyzing the performance of Bitcoin, Binance Coin, and other altcoins.

BTC fluctuates

China has continued its blockade of Bitcoin while the vile propaganda has seen no end. The latest came from the BSN chair, who called Bitcoin a ‘ Ponzi Scheme.’ The statement expressed a complete distrust of all coins other than stablecoins. It said that stablecoins are fine if regulated.

BTCUSD 2022 06 27 17 23 31
Source: TradingView

The latest data for Bitcoin shows that it has shed 2.17% over the last 24 hours. The gains for the last seven days have been reduced to 3.34%. The changing market has led to fluctuations in value.

The price value for Bitcoin is about $21,277.24 range. In comparison, the market cap value for this coin is estimated to be $406,265,778,388. The 24-hour trading volume of Bitcoin is about $20,620,794,323.

BNB wavering amid bearishness

Crypto investors in Brazil were waiting for the new move from Binance as it had suspended transactions. The reason for the suspension was ending the contract with the previous local partner. As the search for a new partner continued, it was able to find a new one. It has announced a new partnership to help with fiat and crypto withdrawals.

BNBUSDT 2022 06 27 17 23 52
Source: TradingView

The changes for Binance Coin have resulted in a loss of 2.62%. These changes have resulted in a reduction of weekly addition to 11.23%. It still has the chance to regain its value if it turns bullish.

The price value for this coin is in the $238.23 range. If we peek at its market cap value, it is estimated to be $38,897,882,930. The 24-hour trading volume of this coin is about $844,376,628.

FIL lowers its gains

Filecoin has also been through a bullish wave as it has shed 4.55%. In comparison, the weekly performance shows an addition of 7.73%. The changing market has led to the slowing progress of FIL which has seen regression. The price value for this coin is about $6.02.

FILUSDT 2022 06 27 17 24 12
Source: TradingView

If we look at the market cap value for this coin, it is estimated to be $1,350,168,411. The 24-hour trading volume of this coin is about $120,542,510. The same amount in its native currency is about 20,027,741 FIL.

HNT back into lows

Helium has also been in lows due to a bearish situation. The changes have resulted in a loss of 5.64% over the last 24 hours. In comparison, the last seven days show a loss of 1.62% as the bearish current has strengthened. The price value for this coin is in the $11.04 range.

HNTUSDT 2022 06 27 17 26 04
Source: TradingView

The market cap value for this coin is about $1,330,793,457. The 24-hour trading volume of this coin is about $14,577,225. The circulating supply for this coin remained 120,595,689 HNT.  

Final Thoughts

The global crypto market has seen no considerable positive change in value as the bearish current remains strong. The changes have resulted in small losses for Bitcoin, Binance Coin, and others. While the market remains bearish, it has seen a decrease in the global market cap value. It is currently estimated to be $956.20 billion. It might see further losses if the market recession continues. 

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Muhammad Ali

Muhammad Ali

Muhammad Ali is an expert on crypto investments. Loving to write about fintech, he joins the team to provide detailed analyses of the hottest crypto news.

Related News

Hot Stories

Bitcoin, Binance Coin, Cronos, and Cosmos Daily Price Analyses – 9 August Morning Price Prediction
Survey: market downturn doesn’t affect customer confidence in CoinLoan
Ethereum price analysis: ETH pivots at $1,800, swiftly retraces?
Litecoin price analysis: Price levels down to $60.05 as bearish pressure prevails
Australia starts 1-year pilot to explore CBDC use

Follow Us

Industry News

BitMEX executive pleads guilty in court
Singapore’s crypto lender Hodlnaut shuts down
Celsius withdraws motion to rehire CFO at $92,000 a month
Crypto.com earns license of operation in South Korea
Elon Musk drags Twitter to court for fraud