The global crypto market has faced changes in the influx of capital, but it has retained its gains. The latest data shows that Bitcoin has seen a lowering trend in the influx of capital, but it hasnt yet turned bearish. In comparison, Ethereum is facing a negative trend as it has turned bearish. The rest of the market is uncertain as different coins behave differently. How the market will behave in the upcoming hours is yet to be seen.
A Ukraine high-ranking official has shared thoughts on crypto assets, referring to them as important. The most significant feature of crypto is its cross-border transactions, which makes them convenient for international use. It is a swift, simple, and convenient solution. It has proved its significance further in the Russia-Ukraine war as donations flow has continued to Ukraine via crypto.
Alex Bornyakov expressed his views about using crypto in this war and how these donations have proved fruitful. He said that even though the market has crashed, people are still donating via crypto. He also shared the Ethereum and Bitcoin addresses via which their war effort can be supported.
Here is a brief overview of the current market situation, analyzing the performance of Bitcoin, Ethereum, and others.
Bitcoin has continued near the $24K level as the gains have kept it afloat. The recent changes have allowed Bitcoin to exit the fear zone, but it needs to add value. The increase will help it inch closer to the previous highs.
The latest data for Bitcoin shows that it has added 0.08% over the last 24 hours. The weekly data shows an addition of 6.43%. The increase has helped it retain its position at a substantial point.
The price value for Bitcoin is in the $23,845.68 range. If we compare the market cap value for Bitcoin, it is estimated to be $455,845,514,477. The 24-hour trading volume of Bitcoin is about $27,880,817,794.
Ethereum merge has proved a good omen for users as the price value has significantly increased. The question before market analysts is how far Ethereum can go before the final merge takes place. It would be something that no one is sure about, but a considerable rise in its value is expected.
The value of Ethereum has seen fluctuations over the last 24 hours. The latest data shows that it has shed 0.39% in the last 24 hours. The weekly performance shows an addition of 9.47%.
The current price value for ETH is in the $1,703.60 range. If we compare the market cap value for this coin, it is estimated to be $207,442,240,856. The 24-hour trading volume of this coin is about $14,913,005,115.
Arweave has also seen a considerable increase in value as the influx of capital continues. It has added 9.70% over the last 24 hours. The seven-day data shows an addition of 9.79%. The mentioned increase has brought its price value to the $15.13 range.
If we look at the market cap value for AR, it is estimated to be $509,997,049. The 24-hour trading volume of this coin is about $78,960,934. The same amount in its native currency is about 170,377 AR.
Celo has also remained bullish as the market has continued to grow. The increase has brought an addition of 4.82% over the last 24 hours. The weekly performance shows that it has added 10.44%. The increase has brought its price value to the $1.04 range.
The market cap value for CELO is estimated to be $472,446,832. The 24-hour trading volume of this coin is about $50,036,787. The circulating supply of this coin is about 450,833,963 CELO.
The global crypto market has seen a continuation in its gains. These have helped it retain its value as there has been little change. The value of Bitcoin and other major names has remained almost unchanged, showing the balance between efflux and influx. Retaining equilibrium has helped maintain the global market cap value unchanged; It is currently estimated to be $1.10 trillion.
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Bitcoin, Ethereum, Arweave, and Celo Daily Price Analyses 30 July Roundup - Cryptopolitan
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- Bitcoin price falls below $39,000 as indicators suggest risk of a deeper correction, according to Bitfinex - The Block - January 25th, 2024 [January 25th, 2024]
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- AI Agents Are Coming For CryptoPalantir Cofounder Issues Very Important Bitcoin, Ethereum, Solana And XRP Price Prediction - Forbes - January 25th, 2024 [January 25th, 2024]
- This Investing Phenomenon Could Be Why Bitcoin Prices Are Down After ETF Approval - Money - January 25th, 2024 [January 25th, 2024]
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- Blockchain, the tech behind bitcoin, may have found its 'killer use case' by keeping AI in check - CNBC - January 25th, 2024 [January 25th, 2024]
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- These two drivers will fuel Bitcoin's rebound: 'It's happened often before' - DLNews - January 25th, 2024 [January 25th, 2024]
- Top Analyst Says 600 Days of Bullish Momentum Still Ahead for Bitcoin - The Crypto Basic - January 25th, 2024 [January 25th, 2024]
- Bitcoin Funds Are Here. But You Probably Dont Need Them. - The New York Times - January 25th, 2024 [January 25th, 2024]
- Bitwise releases wallet addresses of spot Bitcoin ETF holdings - Cointelegraph - January 25th, 2024 [January 25th, 2024]
- Mt. Gox Moves Seemingly Closer to Bitcoin Repayments For 2014 Hack Victims - CoinDesk - January 25th, 2024 [January 25th, 2024]
- Coinbase faces headwinds as Bitcoin and ETF interest dips, says JPMorgan - crypto.news - January 25th, 2024 [January 25th, 2024]
- Waning Bitcoin ETF Hype to Drag on Coinbase, JPMorgan Says - Yahoo Finance - January 25th, 2024 [January 25th, 2024]
- Bitcoin Price At Make-Or-Break Moment, Key Levels To Watch - NewsBTC - January 25th, 2024 [January 25th, 2024]
- Bitcoin Mid-Cycle Top? Benjamin Cowen Says One Indicator Suggesting BTC Headed for Downtrend - The Daily Hodl - January 25th, 2024 [January 25th, 2024]
- Franklin Templeton expects its spot bitcoin ETF to gain traction as financial advisors become more familiar with product - The Block - January 25th, 2024 [January 25th, 2024]
- Bitcoin ETFs: The Good, the Bad and the Ugly - RealMoney - January 25th, 2024 [January 25th, 2024]
- Cathie Wood Thinks Bitcoin Could Skyrocket 3,356% By 2030. Is She Right? - The Motley Fool - December 19th, 2023 [December 19th, 2023]
- JPMorgan says ether to outperform bitcoin next year - The Block - Crypto News - December 19th, 2023 [December 19th, 2023]
- XRP Beats Bitcoin, Ethereum in Weekly Fund Flows, Boasts $2.7M Inflow - The Crypto Basic - December 19th, 2023 [December 19th, 2023]
- Bitcoin Must Hold $32K Support to Prevent Bears from Taking Over: Analyst - CryptoPotato - December 19th, 2023 [December 19th, 2023]
- BlackRock Has Quietly Opened The Door To A Trillion-Dollar Plus Wall Street Game-Changer Amid The $700 Billion Bitcoin, Ethereum, XRP And Crypto Price... - December 19th, 2023 [December 19th, 2023]
- Bitcoin Bounces Over $43K, Altcoins, Crypto Stocks Burst Higher as Fed Projects Rate Cuts Next Year - CoinDesk - December 19th, 2023 [December 19th, 2023]
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- Bitcoin About To Take Center Stage Again After BTC Holds $40,000, According to Analyst Heres His Outlook - The Daily Hodl - December 19th, 2023 [December 19th, 2023]
- Bitcoin rises as investors await vote on tentative debt ceiling agreement - CNBC - May 31st, 2023 [May 31st, 2023]
- 'Bitcoin Millionaire' Found Dead a Week After Going Missing - Decrypt - May 31st, 2023 [May 31st, 2023]
- US Debt Crisis: Gold and Bitcoin to Soar, Predicts Gromen - CryptoGlobe - May 31st, 2023 [May 31st, 2023]
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- At bitcoins annual convention, few feel the chill of crypto winter - Marketplace - May 31st, 2023 [May 31st, 2023]
- Bitcoin Association for BSV to Serve as Steward of Bitcoin Protocol - PR Newswire - May 31st, 2023 [May 31st, 2023]
- Former Operator of Payza.com Charged with Laundering 450 Bitcoin - Department of Justice - May 31st, 2023 [May 31st, 2023]
- Bitcoin is on a collision course with 'Net Zero' promises - Cointelegraph - May 31st, 2023 [May 31st, 2023]
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- best-bitcoin-casinos-for-2023-top-rated-btc-casino-sites - Analytics Insight - May 31st, 2023 [May 31st, 2023]