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Bitcoin, Binance Coin, Toncoin, and Cronos Daily Price Analyses – 7 January Morning Forecast

Bitcoin

TL;DR Breakdown

  • The global crypto market has continued to grow in value as it added 1.16% in 24 hours.
  • The performance of Bitcoin shows gains as it added 1.08% in a day.
  • The value of Binance Coin has also improved as it added 1.61% over the last day.
  • Toncoin and Cronos are both bullish as they added 1.15% and 4.23%, respectively.

The global crypto market has seen a positive trend over recent hours. The value of Bitcoin, Binance Coin, and others has continued to rise due to the influx of capital. As the trend of gains has strengthened, the market has attracted more investors. Though crypto winter continues, there is a chance of improvement as the market continues to be bullish. Investors hope that the negative vibes won’t last long. Though there might be fluctuations, there is hope for improvement.

A Chinese criminal has stolen $4.1 million crypto from the victim’s car. The attacker used the victim’s facial ID to unlock his wallet and then transferred funds to his own wallet. The perpetrator of the crime used violence to force the investor to use his facial ID so that funds could be transferred. The attacker was able to locate the investor on site where a gathering for crypto investors had been arranged.

Then he forced the investor into his car and forced him to use his facial recognition to unlock his phone and transfer funds from the victim’s wallet. The attacker converted the amount to USDT and then transferred the total amount to his own wallet, which was about $4.1 million. The prosecutors have issued a warrant for the attacker.

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

BTC rises to $16.9K

Bitcoin price has reached a three-year high, as available data shows. Traders have said that sub-7% CPI may see $19K. Bets are increasing on a push higher for the leading coin in the market. The ongoing changes define the current range as the macro bottom has seen fluctuations.

BTCUSDT 2023 01 07 19 46 29
Source: TradingView

The performance of Bitcoin has seen a positive trend as its value continues to increase. The latest data shows that it has added 1.08% over the last 24 hours. The seven-day data shows that it has added 1.94%.

The price value of BTC is currently in the $16,933.16 range. The market cap value of Bitcoin is estimated to be $326,050,910,691. The 24-hour trading volume of Bitcoin is about $11,487,898,233.

BNB continues gains

Binance has joined a sanction specialist association to further established guidelines in crypto. Despite the bear market, Binance has confirmed to build and make meaningful partnerships and organizations. Binance has actively participated in the development of standards for crypto businesses.  

BNBUSDT 2023 01 07 19 47 00
Source: TradingView

Binance Coin has also shown a continuation of gains over recent hours. The latest data shows that it has added 1.61% over the last 24 hours. The seven-day data shows that it has added 5.64%.

The price value of BNB is currently in the $260.42 range. The market cap value of this coin is estimated to be $41,658,442,756. The 24-hour trading volume of the same coin is about $385,126,685.

TON bullish

Toncoin has also been in a bullish mood as it has attracted gains. The latest data shows that it has added 1.15% in a day. In comparison, the seven-day data shows that it has added 0.57%. The price value of TON is currently in the $2.17 range.

TONUSDT 2023 01 07 19 47 26
Source: TradingView

The market cap value of this coin is estimated to be $2,653,053,911. The 24-hour trading volume of this coin is about $35,572,975. The same amount in its native currency is about 16,405,387 TON.

CRO in a positive mood

Cronos has also exhibited a positive mood as it continued to attract new investments. The latest data shows that it has added 4.23% in a day. The weekly data shows that it has added 9.65%. The price value of CRO is currently in the $0.06164 range.

CROUSDT 2023 01 07 19 49 06
Source: TradingView

The market cap value of Cronos is estimated to be $1,557,266,394. The 24-hour trading volume of this coin is about $10,729,527. The circulating supply of the same coin is about 25,263,013,692 CRO.

Final Thoughts

The global crypto market has shown a trend of gains over recent hours. The performance of Bitcoin, Binance Coin, and others shows a continuing influx of capital. As the market has seen a trend of gains, investors have felt confident. The global market cap value has also improved. The latest data shows that it is estimated to be $823.45 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 decision.

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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