Bitcoin, Binance Coin, Litecoin and Tron Daily Price Analysis – December 10 Morning Prediction

The performance of the global crypto market has seen another trend of downswings. The ongoing changes suggest that the market is likely to face bearishness in the coming hours. The value of Bitcoin, Binance Coin and others have continued to decline. If the current situation continues, the market may not be able to regain momentum. The temporary positive changes have helped the market, but there has been little change in value.

Recent research shows that Florida is the best-prepared US state for widespread crypto adoption. While the United States remains the forerunner in the crypto industry, recent data shows that not all states are on equal footing in the competition. Furthermore, not all US states are ready for widespread crypto adoption. Research suggests that it is not just the pro-crypto regulations that are helping the market, but also the supporting infrastructure.

Florida has stayed on top, weighing in on things like Bitcoin ATMs, blockchain companies and public interest in cryptocurrencies. The United States hosts a network of 33,865 Bitcoin ATMs that make up 87.1% of the global network of said ATMs. The research conducted by Invezz considered Florida as the crypto capital of the United States for its active involvement in the burgeoning crypto economy.

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

BTC is going recessive

Trading of Bitcoin miner Argo Blockchain’s shares has been suspended in the US and UK. Argo had previously sold 3,843 Antminer S19J Pros for $5.6 million. These assets were sold in an attempt to secure short-term liquidity. The company announced a series of changes in October to address the difficulties.

The recent changes for Bitcoin show that it has not been able to retain gains. The latest data shows that it has decreased by 0.49% in the last 24 hours. The seven-day data shows that Bitcoin has added 1.17%.

The price value of BTC is currently in the area of ​​$17,159.92. The market value of Bitcoin is estimated at $329,981,067,727. The 24-hour trading volume for Bitcoin is around $16,504,739,107.

BNB in ​​loss

Binance CEO CZ and now-bankrupt FTX’s ex-CEO SBF have continued to accuse each other. The two continued the wave about the failure of the FTX/Binance deal. The former FTX CEO claimed that Binance threatened to pull out of the deal at the last minute.

The performance of Binance Coin has also shown a negative trend. The latest data shows that it has decreased by 1.20% in the last 24 hours. The seven-day data for this coin shows that it has fallen 1.30%.

The price value of BNB is currently in the area of ​​$287.34. The market value of this coin is estimated to be $45,964,635,666. The 24-hour trading volume for the same coin is approximately $584,721,157.

LTC continues red

Litecoin has also remained in the red due to the negative trend in the market. The latest data shows that it has gone down 1.93% in a day. The seven-day performance of this coin shows that it has retreated by 0.75%. The price value of LTC is currently in the area of ​​$76.32.

The market cap of Litecoin is estimated to be $5,479,274,539. The 24-hour trading volume for this coin is approximately $339,129,619. The same amount in its original currency is approximately 4,444,241 LTC.

TRX still bullish

Tron has performed differently to the rest of the market. The latest data shows that it has increased by 0.07% in the last 24 hours. The seven-day data shows that it has increased by 1.75%. The price value of TRX is currently in the range of $0.05494.

The market cap of Tron is estimated to be $5,058,712,432. The 24-hour trading volume for this coin is around $150,550,117. The circulating supply of the same coin is approximately 92,075,811,334 TRX.

Final thoughts

The global crypto market has witnessed a negative change in performance in recent hours. The latest data shows that Bitcoin, Binance Coin and others have not been able to retain gains. The current situation shows that the market is likely to go back. As the negative trend has continued, the global market value has also decreased. The latest data shows that it is estimated at 855.02 billion dollars.