Bitcoin, Binance Coin, Aptos and Maker Daily Price Analysis – November 5th Morning Prediction
The global crypto market has kept pace as it continued bullish. The latest data for Bitcoin and others shows a positive trend. The continuation of a positive trend has kept the market moving in an optimistic manner. The positive trend is likely to continue as the market difficulties seem to be coming to an end. As the market has continued to increase gains, there has been an increase in capital inflows.
Fidelity has plans to launch commission-free crypto trading for clients. Fidelity Investments has announced the launch of Fidelity Crypto, a service that will allow retail investors to trade BTC and ETH without having to pay a commission fee. Fidelity Investments is one of the largest brokerage firms with trillions of assets under management. The service it plans to offer will be commission-free, but it will add a 1% fee to each transaction.
Fidelity has labeled it a spread and justifies it as the difference between the strike price and the price Fidelity fills the customer’s order at. Fidelity serves around 40 million investors and has opened access to waiting list users. The company has not given an exact date for the launch. According to media reports, Fidelity follows Robinhood and Binance in commission-free crypto trading.
Here is a brief overview of the current market situation analyzing the performance of Bitcoin, Binance Coin and others.
BTC is holding at $21.3K
Venture capitalists predict an increase in the value of Bitcoin over the next six months. Bitcoin has finally managed to cross $21K after seven weeks of failed attempts. As it was able to break past that barrier, it is likely to move further ahead.
The latest changes for Bitcoin show a continuation of its positive momentum. The latest data shows that it has increased by 1.48% in the last 24 hours. The weekly performance of this coin shows an addition of 2.10%.
The price value of BTC is currently in the area of $21,310.99. The market value of Bitcoin is estimated to be $409,161,884,797. The 24-hour trading volume for Bitcoin is around $49,704,136,143.
BNB becomes recessive
Binance CEO CZ has expressed his views on investing in Elon Musk’s Twitter acquisition. He said that freedom of speech is a prerequisite for having freedom of money which they work for. He highlighted the importance of Twitter and plans to make it even more accessible.
The performance of Binance Coin shows that it could not continue the pace. The latest data shows that it has decreased by 0.06% in the last 24 hours. The weekly performance shows that it has increased by 16.05%.
The price value of BNB is currently in the area of $350.88. The market value of this coin is estimated at $56,202,367,610. The 24-hour trading volume for this coin is approximately $1,292,764,130.
APT continues to grow
The performance of Aptos has also shown a positive trend. The latest data shows that it has increased by 5.24% in the last 24 hours. The weekly performance of this coin shows a loss of 2.42%. The price value of APT is currently in the range of $7.74.
The market cap of Aptos is estimated at $1,002,916,992. The 24 hour trading volume for this coin is approximately $335,973,119. The same amount in its original currency is approximately 43,549,472 APT.
SEK M in gains
The value of Maker has also risen following the bullish trend. The latest data shows that it has increased by 1.46% in the last day. The weekly data shows that it has decreased by 1.39%. The price value of MKR is currently in the area of $902.21.
The market value of Maker is estimated at $881,595,890. The 24-hour trading volume for this coin is approximately $29,281,668. The circulating supply of this coin is approximately SEK 977,631.
Final thoughts
The global crypto market has seen a bullish trend in recent hours. The performance of Bitcoin and others has seen a boost due to the continuation of the influx of capital. The increase in gains has strengthened the market. The global market capitalization has also witnessed improvement due to a bullish trend. The latest data shows that it is estimated at 1.06 trillion dollars.
