Bitcoin, Binance Coin, Litecoin and Chainlink Daily Price Analysis – September 26 Morning Price Prediction
The global crypto market has continued to be bearish. The recent changes in the market tell the same sad story as Bitcoin, Binance Coin and others remained recessive. The ongoing changes have proven different compared to other bearish waves. As these negative changes continue, the market is likely to suffer in terms of value. The continued regression has also affected new investments in the market. If the current situation persists, the market is likely to see further lows.
Interpol has issued an international arrest warrant for Do Kwon. The order was issued at the request of the South Korean government. The order from Interpol obligates police worldwide to locate and arrest Do Kwon. The red notice for the arrest of Terraform Labs founder was issued on September 26 as reported by media. These notices are issued for refugees who are either wanted for prosecution or who are to be sentenced.
According to the aforementioned organization, these notices apply worldwide. In short, Do Kwon will find it difficult to find any escape. The collapse of Terra UST was an event that affected the global crypto market and had lasting consequences. Many crypto experts believe that a coordinated attack by Do Kwon caused the failure.
Here is a brief overview of the current market situation analyzing the performance of Bitcoin, Binance Coin and others.
BTC on the decline
Although Bitcoin has suffered its worst losses in recent months, there has been an improvement in its social dominance. The latest data shows that Bitcoin has reached a 2-month high in social dominance. Interest in BTC increased on social platforms over the weekend, according to Santiment.
The performance of Bitcoin shows a continuation of the negative trend. The latest data shows a loss of 1.27% in the last 24 hours. The weekly data shows a gain of 1.03% for Bitcoin.
The price value for BTC is currently in the area of $18,880.51. The market value of this coin is estimated at $361,768,789,565. The 24-hour trading volume for Bitcoin is around $35,646,266,004.
BNB red
Binance has hinted at returning to Japan after a four-year hiatus. The comeback is expected in a situation where the market has seen one of the coldest winters in its history. Changpeng Zhao has made attempts to regain the market that Binance could not keep.
The performance of Binance Coin has not seen any improvement lately. The latest data shows it has declined by 2.18%. The weekly data for this coin shows a gain of 2.55%.
The price value for BNB is currently in the area of $272.42 and may decrease further. The market value of this coin is estimated to be $43,951,878,173. The 24-hour trading volume for this coin is approximately $752,284,896.
LTC uncertain
The performance of Litecoin has also shown uncertainty as bearishness continues. The latest data shows that it has decreased by 2.80% in the last 24 hours. The weekly data shows that it has increased by 2.76%. The price value for LTC is currently in the area of $52.61.
The market cap of Litecoin is estimated at $3,754,150,387. The 24-hour trading volume for this coin is approximately $468,271,922. The same amount in its original currency is approximately 8,887,688 LTC.
LINK regressive
The performance of Chainlink has not been different from the rest of the market. The latest data shows that it has fallen 5.50% in the last 24 hours. The weekly data shows that it has increased by 6.62%. The price value for LINK also saw fluctuations since it is around $7.58.
The market cap of Chainlink is estimated at $3,733,927,128. The 24 hour trading volume for this coin is approximately $59,252,649. The circulating supply of this coin is approximately 491,599,970 LINK.
Final thoughts
The global crypto market has seen a regressive trend in recent days. The latest data shows that there has been no change in the bearish pattern. The value of Bitcoin, Binance Coin and others went back with little change. The global market value has also continued to decline. The latest data shows that it is 922.90 billion dollars.