The performance of the global crypto market has continued to improve as the gains have helped it recover. The changes in value have taken Bitcoin and other coins’ trajectory positively. The improvement has led to an increase in the value of various coins which were struggling. Compared to other days, the market has seen consolidation in value as the positive influx has helped it. The changes towards positivity have been relatively more consistent.
Hacking and phishing attacks on NFT projects continue. The latest list is an apparent phishing attack on Discord servers of Bored Ape Yacht Club and Otherside. A phishing attack seems to have compromised these two as they are not working normally. It will need enhanced security to prevent these attacks, as they have continued for a while now. Recently Beeple’s Twitter account was hacked, which compromised the wallets of many followers.
Here is a brief overview of the current market situation, analyzing the performance of Bitcoin, Binance Coin, and some others.
BTC moving towards recovery
ARK’s inaugural edition of The Bitcoin Monthly has been published in its first edition. It says that Bitcoin has remained strong as ever despite the challenges in the market. According to the mentioned report, Bitcoin’s fundamentals remain strong, a good sign. While a commodity strategist has said that Bitcoin will be one of the most wanted commodities after inflation.
The latest data for Bitcoin says that it has shed 0.21% over the last 24 hours. The performance of Bitcoin for the last seven days shows an addition of 2.27%. The uptrend in the latter value shows the resilience and consolidation of Bitcoin value.
The price value for Bitcoin is in the $29,563.98 range. If we compare the market cap value for this coin, it is estimated to be $563,426,669,391. The 24-hour trading volume of Bitcoin is about $21,648,846,843.
BNB turns bullish
Binance has continued to add new tokens to its service. The latest in it is the integration of the LABEL Foundation with Binance Custody. Binance Custody will offer cold storage support for its $LBL token. Binance has continued to thrive despite the hardships in the markets.
The latest data for Binance Coin shows that it has added 0.14% over the last 24 hours. The performance of the same coin for the last seven days shows a loss of 1.85%. Binance Coin needs a stronger wave to help gain price value.
The price value for Binance Coin is currently in the $297.46 range. If we compare the market cap value for the same coin, it is estimated to be $48,568,111,487. The 24-hour trading volume for BNB is about $911,298,024.
ONE in recovery mood
Harmony is performing relatively better as it has made significant gains. The data for the last 24 hours shows that it has added 0.66%. The increasing trend for gains shows that weekly losses have been reduced to 1.83%. The price value has also improved due to gains, as it is currently about $0.04095.
The market cap value for ONE has also improved as it is currently about $498,417,572. The 24-hour trading volume for this coin is about $20,612,272. The same amount in its native currency is about 503,421,185 ONE.
AMP taking a steep way to recovery
Amp has also been improving as the gains for the market increase. The latest data for this coin shows that it has added 0.77% over the last 24 hours. The performance for the same coin shows that it receded 0.88% over the last seven days.
The price value for AMP is in the $0.01151 range. The market cap value for AMP is in the $485,927,309 range. If we look at the 24-hour trading volume, it is about $10,012,762. The circulating supply for this coin remained at 42,227,702,186 AMP.
The global crypto market has continued to improve as the gains helped the market consolidate. The uptrend in the market has pushed Bitcoin and other coins to gain. The global market cap value has also enhanced as it is currently estimated to be $1.22T. The market would need to continue gains for improvement in value.