Bitcoin, Binance Coin, Chainlink and Zcash Daily Price Analysis – December 4 Morning Prediction

The global crypto market has continued to face a negative trend as it could not regain momentum. The latest changes for Bitcoin show optimism while other coins have not shown any positive statistics yet. The negative changes have continued to affect the market. As Bitcoin and some others have become bullish, there is a chance that the rest will follow suit. If the positive trend prevails, it will be a moment of hope for the market amid the collapse of major companies.

Hoo Exchange has deleted its website while user funds are unlocked. According to a popular account on Twitter, the stock exchange has deleted its official website. The not-so-popular exchange had halted withdrawals earlier this year, leaving users’ funds trapped. The aforementioned exchange is another to the list of companies that have suffered collapse amid FTX chaos. However, Hoo has not been able to attract much attention due to its much smaller size compared to FTX.

A tweet today revealed that the website has deleted its website after months of inactivity. Since July, the Hong Kong-based site has kept users in the dark, refusing to provide any details about funds. Furthermore, the website’s other social media handles have remained inactive for months. The victims have registered complaints against the switchboard at a local police station.

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

BTC is turning bullish

A mysterious Bitcoin miner had displayed one of the oldest signatures dated January 2009. The signature was displayed as an answer to the question of who has the oldest mined Bitcoin. An anonymous member shared the signature details showing the Bitcoin mining date.

The latest changes for Bitcoin show a significant improvement. The latest data shows that it has increased by 0.04% in the last 24 hours. The seven-day data for Bitcoin shows that it has added 2.39%.

The price value of BTC is currently in the area of ​​$16,964.37. The market value of Bitcoin is estimated to be $326,124,608,858. The 24-hour trading volume for Bitcoin is around $16,040,894,346.

BNB still in loss

There have been some fake Cristiano Ronaldo Binance NFT drop related news circulating on social media. The NFT drop related news was spread on various Twitter accounts. Official sources have refuted such NFT cases.

The performance of Binance Coin has shown a negative trend. The latest data shows that it has decreased by 0.24% in the last 24 hours. The seven-day data shows that it has decreased 7.78%.

The price value of BNB is currently in the area of ​​$290.23. The market value of this coin is estimated to be $46,428,642,764. The 24-hour trading volume for the same coin is approximately $577,280,713.

XCN continues to retreat

The chain has also continued to decline in value due to the bearish market. the latest data shows that it has decreased 1.97% in the last 24 hours. The seven-day data for this coin shows that it has declined by 6.01%. The price value of XCN is currently in the range of $0.03848.

The market cap of Chain is estimated at $826,175,429. The 24-hour trading volume for this coin is approximately $9,451,126. The same amount in its native currency is approximately 245,542,775 XCN.

ZEC recessive

The value of Zcash has also been declining due to the negative trend. The latest data shows that it has fallen 2.61% in the last 24 hours. The seven-day data shows it has added 7.92%. The price value of ZEC is currently in the area of ​​$45.12.

The market cap of Zcash is estimated to be $714,793,880. The 24-hour trading volume for this coin is approximately $34,937,117. The circulating supply of the same coin is approximately 15,842,506 ZEC.

Final thoughts

The global crypto market has faced a decline in value as the bearish trend continued. The value of Bitcoin has improved while others are still lingering in slumps. The ongoing changes show that the market is likely to turn bullish soon. If the market changes direction to positive, it will be a significant gain amidst the collapse of various big names.

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