The global crypto market has seen a trend of bullishness over recent hours. The influx of capital has continued as the investors remained bullish on Bitcoin, Ethereum, and others. The positive trend has continued for a while and will likely improve the market further. As the market has taken a turn, there has been an overwhelming capital inflow. The recent break of previous resistance levels from various coins demonstrates the market’s potential.
RealFevr has raised 10 million Euro to build the ultimate Web3 GameFi ecosystem. The Portuguese Web3 startup is boosting Sports GameFi and NFT space through product and market innovation. These include solving the speculative and utility issues in the digital collectibles industry. The mentioned company brought its own token, $FEVR, and also launched its soccer video NFT marketplace.
RealFevr also closed partnerships with organizations like Liga Portugal, Portuguese Football Federation, Torino FC, and Beach Soccer Worldwide. RealFevr has made amazing achievements; one of these is selling all its collection pack drops to date. Packs have featured moments from players like Bruno Fernandes, Cristiano Ronaldo, Casillas, Ibrahimovic, Di Maria, Ronaldinho, etc. The new funding round will help the company further strengthen its base and expand its services.
Here is a brief overview of the current market situation analyzing the performance of Bitcoin, Ethereum, and others.
BTC stuck at $20.5K
Bitcoin miner Argo has failed to raise $27 million in funding. The London-based mining group Argo Blockchain’s plan to raise $27 million from a strategic investor has failed to take place. On the other hand, Fed plans to raise interest rates by 75 BPS, which can impact Bitcoin.
The recent changes for Bitcoin show that it has continued to grow in value. The latest data shows that it has added 0.12% over the last 24 hours. The weekly data shows that it has added 6.28%.
The price value of BTC is currently in the $20,503.12 range. The market cap value for this coin is estimated to be $393,548,266,085. The 24-hour trading volume of Bitcoin is about $46,010,711,443.
ETH continues green
Ethereum has flashed a classic bullish pattern in its Bitcoin pair, hinting at least a 50% upside. The formation of a bullish trading pattern shows that the ETH/BTC pair could be on the verge of a trend reversal. The bullish influx has moved the market to retest its strength.
The performance of Ethereum has continued to show a bullish trend. The latest data shows that it has added 0.62% over the last 24 hours. The weekly data shows that it has added 17.94%.
The price value of ETH is currently in the $331.51 range. The market cap value for this coin is estimated to be $193,359,662,659. The 24-hour trading volume of the same coin is about $18,880,421,077.
HBAR recessive
The value of Hedera Hashgraph has lowered due to a downward pull. The recent data shows that it has shed 0.43% over the last 24 hours. The weekly data shows that it has added 1.46%. The price value of HBAR is currently in the $0.05965 range.
The market cap value of Hedera is estimated to be $1,371,318,298. The 24-hour trading volume of this coin is about $41,545,919. The same amount in its native currency is about 695,851,323 HBAR.
CHZ turns bearish
There have been negative changes for Chiliz over the recent hours. The latest data shows that it has shed 3.23% over the last day. The weekly performance shows an addition of 16.03%. The price value for CHZ is currently in the $0.2211 range.
The market cap value of Chiliz is estimated to be $1,331,596,087. The 24-hour trading volume of this coin is about $486,904,639. The circulating supply of this coin is about 6,006,975,365 CHZ.
Final Thoughts
The global crypto market has seen a trend of bullishness over recent hours. The value of Bitcoin, Ethereum, etc., has continued to grow while some exceptions remained bearish. The positive trend has strengthened the market, attracting further investments. The global market cap value has also risen. The latest data shows that it is estimated to be $1.02 trillion.
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