Bitcoin, Binance Coin, Quant and ApeCoin Daily Price Analysis – October 4 Morning Prediction
The global crypto market has seen a continuation of gains as capital inflows have continued. The value of Bitcoin, Binance Coin and others have increased in gains. The last 24 hours saw inflows of a significant amount as the market has seen a respite from losses. The recent addition shows that the market is likely to increase in value. The influx of capital is a sign of the strengthening of investor confidence in the market.
Telegram has continued to add new features to its app. The latest update shows that it has added a crypto transfer feature for its users. The latest change has come in a situation where more and more mainstream companies are adapting to crypto. Telegram announced that it had launched a peer-to-peer cryptocurrency exchange service for its users. The aforementioned service was developed by The Open Network (TON) Foundation.
TON is a community of open source developers supporting the development of decentralized blockchain technology. The community supports Toncoin, which enables commission-based payments to process on-chain transactions with smart contracts. The aforementioned smart contract is used for fees, securing the blockchain through staking, and settling payments. The token is ranked 34th on CoinMarketCap and operates on Proof of Stake consensus.
Here is a brief overview of the current market situation, analyzing the performance of Bitcoin, Binance Coin and others.
BTC crosses $20K
Cleanspark has seen an increase in Bitcoin production, according to the latest updates. Bitcoin production rose 13% in September as the company sold 380 BTC. Cleanspark mined 448 BTC in September, which is 13% more compared to those mined in August 2022. The company has been able to fund as the market saw an uncertain situation.
The latest changes for Bitcoin show significant growth. The latest data shows that it has increased by 3.63% in the last 24 hours. The weekly data shows a 0.26% loss for Bitcoin due to an unruly market.
The price value of BTC has climbed to $20,088.36 due to an increased capital inflow. The market value of Bitcoin is estimated to be $385,073,574,299. The 24-hour trading volume for Bitcoin is approximately $33,756,569,718.
BNB is gaining momentum
Terra Classic has seen a huge change in value as Binance has completed a massive LUNC burn. Binance had recently announced the first phase of LUNC burning as investors had expressed interest in it. Recent developments have raised the prospect of Terra-based cryptocurrency.
The value of Binance Coin has increased due to the bullish market. The latest data shows that it has increased by 2.65% in the last 24 hours. By comparison, weekly data shows an addition of 4.31%.
The price value for BNB has increased to the $294.28 range. The market value of this coin is estimated at $47,477,857,417. The 24-hour trading volume for this coin is approximately $748,891,798.
QNT is skyrocketing
The performance of Quant has also shown a rapid increase in value. The latest data shows that it has increased by 1.46% in the last 24 hours. The weekly data shows that it has increased by 8.52%. The price value for QNT has increased to the $142.74 range.
The market cap of Quant is estimated at $1,727,278,935. The 24-hour trading volume for this coin is approximately $67,548,740. The same amount in its original currency is approximately 472,129 QNT.
APE resumes the rise
The value of ApeCoin has also increased due to the recent influx of capital. The latest data shows that it has increased by 3.50% in the last 24 hours. The weekly data shows that the losses are about 6.35%. The price value for APE is currently in the $5.29 range.
The market cap of ApeCoin is estimated at $1,623,845,313. The 24-hour trading volume for this coin is around $122,271,223. The circulating supply of the same coin is approximately 306,875,000 APE.
Conclusion
The global crypto market has seen a change in performance as gains continued. The value of Bitcoin, Binance Coin and others increased due to a consistent influx of capital. As these gains continue, the global market cap has also increased. The latest data shows that it is estimated at 961.83 billion dollars.
