Bitcoin, Binance Coin,Tron, and Polygon Daily Price Analyses

The global crypto market attracted significant investment, up 5.67% in the last day. Bitcoin’s performance is also showing improvement as it rose 5.30% over the last day. Binance Coin also moved forward, up 3.90%. Tron and Polygon are also bullish as they are up 2.86% and 11.62%, respectively.

There has been a rapid inflow of capital into the global crypto market. Bitcoin and altcoins have appreciated significantly as capital inflows have increased. The increase in profit value has given this coin a boost and hopes to surpass the current threshold. The ongoing changes suggest that the market could see a rebound. If the uptrend maintains its strength, it could create new highs.

French politicians have also spoken out in favor of crypto. The latest statement comes from a former member of the French National Assembly, Pierre Persson, who expressed his support for crypto in an interview with Euronews Next. He said France was pro-business and should welcome crypto. He said people had expressed interest in crypto and politics should not get in his way.

When asked about the bottom in bitcoin and other major currencies, he said that they are more mainstream. He said losses continue but people are becoming more open to cryptocurrencies. He said policymakers would reconsider their position and come up with a better strategy.

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

BTC keeps increasing

The bear market hasn’t stopped the proliferation of bitcoin buying apps and ATMs. According to the update, the bitcoin buying app will be available at more than 175,000 ATMs across the United States. The idea behind this machine is to make it easier for users.

The latest data for Bitcoin shows it is up 5.30% over the past day. In comparison, Bitcoin’s performance over the last seven days showed a loss of 3.68%. Changes in the market helped it regain its value.

Bitcoin price is in the range of $20,783.97 and increasing. The market cap value for Bitcoin is estimated at $396,853,835,373. The 24-hour trading volume for the same coin is around $48,720,534,158.

BNB growing in value

The Binance smart chain continues to attract new apps and developments. Last on the list is Tothesmart, a smart contract based on the blockchain. Investors and developers trust this blockchain for its volume and resilience during tough times.

Binance Coin has also advanced as capital inflows have continued. The latest data showed it was up 3.90% in the last day. The performance of the last seven days shows a recession of 1.01%.

The price value for BNB has also decreased as it is currently around $237.01. If we look at the market cap value, it is estimated at $38,698,949,049. The 24-hour trading volume for the same coin is around $1,659,089,826.

TRX is growing slowly

Tron faced a slack in gains, up 2.86% in the last day. The earnings are relatively lower than other coins in the market. The weekly performance for this coin shows a loss of 1.55%. These changes have had an impact on the value of prices, which have struggled to grow.

The current price for TRX is around $0.06727. If we compare the market cap value for this coin, it is estimated at $6,220,556,085. The 24-hour trading volume for the same coin is around $564,706,752. The same amount in local currency is around 8,394,955,785 TRX.

MATIC continues his steps

Polygon has been reaping quick gains as investors are bullish. The latest data for this coin shows that it is up 11.82% in the last day. If we compare the performance of this coin over the past seven days, it is up 22.27%. Sustained momentum helped the price reach $0.6921.

The market cap value for MATIC is estimated at $5,541,534,585. The 24-hour trading volume for the same coin is around $1,480,688,050. The circulating supply for this coin remains at 8,006,803,853 MATIC.

Final Thoughts

The global crypto market has had a promising day as it remains bullish. Recent data shows it has added significant value, as evidenced by the gains for Bitcoin and altcoins. The rapid increase brought the global market capitalization value to $932.82 billion. They could go even higher if the gains continue.