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Bitcoin, Binance Coin, Synthetix, and Fantom Daily Price Analyses – 4 September Morning Price Prediction

Bitcoin
TL;DR Breakdown
  • The global crypto market has resumed gains, adding 0.41% in 24 hours.
  • The performance of Bitcoin has also improved as it has reduced losses to 0.04%.
  • The value of the Binance Coin has seen growth in recent hours as it has added 0.93%.
  • Synthetix and Fantom are both bullish as they have added 1.00% and 1.78%, respectively.

The global crypto market has seen a positive change in value as its gains increased. The recent data for Bitcoin, Binance Coin, and others shows that the market has resumed momentum. It turned bullish several times but couldn’t retain gains. Instead, the negative changes would soon replace the improvements made. The market desperately needs gains because investors have seen continuous losses. The closing days of August and the start of September brought no gains to them.

Actor Bill Murray has lost $185,000 worth of Ethereum after raising funds in an NFT auction. Murray’s wallet was hacked soon after he sold NFTs inspired by his life. The actor was able to get 119.2 ETH from the auction but couldn’t keep it because the hackers stole the whole amount. According to media outlets, law enforcement agencies are trying to identify the perpetrators of the crime.

The on-chain data from Etherscan shows that the hacker began retrieving funds on 1 September. Furthermore, the data shows that the perpetrator also made an attempt to steal 800 NFTs from the actor’s wallet but couldn’t succeed in it. As the event took place, Venkman’s wallet managing organization moved his collection to safe wallets.   

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

BTC resumes momentum

The ongoing weekend didn’t prove any good for Bitcoin as it has lost $20K and is lingering in $19K. Analysts have predicted rallies for Bitcoin, Ethereum, Cardano, etc. As Bitcoin couldn’t make any big gains at the start of September, it might be able to regain value in the following days.

BTCUSD 2022 09 04 17 07 59
Source: TradingView

The recent data for Bitcoin shows considerable improvement. The recent changes show that Bitcoin has been able to reduce its losses to 0.04% in the last 24 hours. The weekly data shows that the losses of Bitcoin are about 1.15%.

The price value for Bitcoin is currently in the $19,803.56 range. The market cap value for BTC is estimated to be $379,059,877,499. The 24-hour trading volume of this coin is about $23,894,967,755.

BNB turns bullish

Merit Circle DAO has launched a new MMO game with the help of Binance Labs. The game received support from game developer Vorto and Binance Labs. The game is a real-time strategy game named Hash Rush.

BNBUSDT 2022 09 04 17 08 36
Source: TradingView

The value of the Binance Coin has seen a significant improvement in value. The recent data for it shows that it has added 0.93% over the last 24 hours. The weekly data shows a loss of 0.37%.

The price value for BNB is currently in the $278.58 range. The market cap value for this token is estimated to be $44,944,613,353. The 24-hour trading volume of this coin is about $476,759,954.

SNX in gains

The value of Synthetix has also seen gains value. The recent changes show that it has added 1.00% over the last 24 hours. The weekly data shows that shed 0.4%. The improved performance of SNX has brought its price value to the $2.96 range.

SNXUSDT 2022 09 04 17 09 16
Source: TradingView

The market cap value for this token is estimated to be $701,509,752. The 24-hour trading volume of this coin is about $61,529,505. The same amount in its native currency is about 20,768,877 SNX.  

FTM continues to grow

The performance of Fantom has also shown improvement in value due to the favorable market. The recent data for this token shows that it has added 1.78% over the last 24 hours. The weekly data shows a loss of 1.01%. The price value for FTM is currently in the $0.273 range.

FTMUSDT 2022 09 04 17 09 36
Source: TradingView

The market cap value for Fantom is estimated to be $690,292,420. The 24-hour trading volume of this coin is about $61,002,543. The circulating supply of this token is about 2,545,006,273.

Final Thoughts

The global crypto market has seen a change in pace as its performance improved. The recent changes in the market show improvement for Bitcoin, Binance Coin, and others. As these changes continued, the global market cap value also saw improvement. The recent changes show that it is estimated to be $977.65 billion.

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.

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