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Bitcoin, Binance Coin, Huobi Token, and Aptos Daily Price Analyses – 1 November Morning Prediction

Bitcoin

TL;DR Breakdown

  • The global crypto market hasn’t been able to retain gains, as it shed 0.67% in 24 hours.
  • The performance of Bitcoin has shown a decline as it receded 1.22% over the last day.
  • The value of Binance Coin has also lowered as it shed 3.70% in a day.
  • Huobi Token and Aptos are both bearish, as they have shed 2.87% and 0.11%, respectively.

The global crypto market has seen a break in the bullish trend as it couldn’t continue gains. The recent changes for Bitcoin, Binance Coin, and others show a recession. The ongoing situation tells of a declining performance for the overall market. There have been fluctuations in the value of various coins over recent hours. The trend of decline has also affected investor gains as the influx of capital lowered. The upcoming hours are likely to bring gains to the market.

ZoidPay has announced the launch of ZETA, which is the first on-demand metaverse. As part of its commitment to democratize access to the next generation of Web3, ZoidPay launched this service. ZETA will integrate Augmented Reality, Virtual Reality, and Extended Reality to extend their reality with evolving utility. For example, users interested in retail will also be able to explore many day-to-day experiences in the metaverse.

ZETA will be able to offer a host of Web3 financial services with a fully immersive digital experience. According to the CEO and co-founder of the company, Eduard Oneci, ZETA aims not only to provide access to the metaverse but also to be an active part of it. As it offers a customized experience, developers will have unlimited opportunities to try their skills.

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

BTC turns recessive

The trustee of El Salvador’s Bitcoin purchase has said that the purchase information can’t be made public. As the development bank of El Salvador, BANDESAL created a $150 million trust fund to guarantee the convertibility to dollars for the purchase. El Salvador has also given Bitcoin the status of legal tender.  

BTCUSD 2022 11 01 18 50 27 1
Source: TradingView

The recent changes for Bitcoin show a decline in value due to lowered influx of capital. The latest data shows it has shed 0.69% over the last 24 hours. The weekly data shows that Bitcoin has added 5.08%.

The price value of BTC is currently in the $20,411.15 range. The market cap value for Bitcoin is estimated to be $393,388,665,855. The 24-hour trading volume of Bitcoin is about $44,104,481,997.

BNB in losses

Binance has denied claims of Osmosis insider trading. Binance has reacted to the accusation of WuBlockchain that had alleged it. WuBlockchain had said that the OSMO listing on Binance may have been front-run due to insider trading.

BNBUSDT 2022 11 01 18 50 53
Source: TradingView

The performance of Binance Coin has also been affected due to the bearish market. The recent data shows a loss of 3.70% over the last 24 hours. The weekly data shows that it has added 16.44%.

The price value of BNB is currently in the $319.72 range. The market cap value of this coin is estimated to be $51,480,135,512. The 24-hour trading volume of the same coin is about $1,661,972,338.

HT continues to lose

The performance of Huobi Token has also shown a trend of decline. The latest data shows that it has regressed by 2.87% over the last 24 hours. The weekly data shows that it has shed 5.49%. The trend of decline has brought HT’s price value to the $8.57 range.

HTUSDT 2022 11 01 18 51 18
Source: TradingView

The market cap value for Huobi Token is estimated to be $1,319,119,373. The 24-hour trading volume of this coin is about $22,219,805. The same amount in its native currency is about 2,583,222 HT.

APT continues regressive

The value of Aptos has also regressed due to the continuing bearish pull. The latest data shows that it has receded by 0.11% in a day. The weekly performance of this coin shows a loss of 15.38%. The price value of APT is currently in the $7.94 range.

APTUSDT 2022 11 01 18 52 38
Source: TradingView

The market cap value of Aptos is estimated to be $1,044,114,545. The 24-hour trading volume of this coin is about $325,872,388. The circulating supply of the same coin is about 130,000,000 APT.

Final Thoughts

The global crypto market has seen a decline in value due to a negative trend. The result of these changes is the affected value of Bitcoin, Binance Coin, and others. As the negative trend continues, investor gains have also been affected. As the market has turned bearish, the global market cap value has also been affected. The latest data shows that it is estimated to be $1.02 trillion.

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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.

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