Bitcoin, Binance Coin, Dash and Stacks Daily Price Analysis – September 18 Morning Price Prediction
The performance of the global crypto market has shown a continued pattern of gains. The last few hours brought an influx of capital to Bitcoin, Binance Coin and others. Although the market has seen gains, they are not strong enough to change significantly. The result of this situation is the prolonged market declines. The investors were hopeful about the gains from the investment, but these dreams have not been realized yet. The market needs a decisive step to get rid of the persistent lag.
The search for Terraform Labs CEO Do Kwon has continued, but authorities have been unable to locate him. A court in Seoul issued warrants for his arrest last week, but no development has been made in this regard. Terra boss says he is not on the run and has continued to live in an unidentified location.
He was previously located in Singapore, but police said he had fled the country. The crypto community has repeatedly called for his arrest due to the damage his company has caused to investors. Do Kwon said he cooperates with law enforcement agencies and has faced court cases with integrity. While South Korean authorities rejected his claims.
Here is a brief overview of the current market situation, analyzing the performance of Bitcoin, Binance Coin and others.
BTC lingers at $19K
Bitcoin has continued to struggle recently as the market remained difficult for it. The lead coin could not continue its rise even though it has made efforts to consolidate. Recent changes forced it back from $20K, which affected its value.
The latest changes for Bitcoin show a continuation of fluctuations. The latest data shows that it has increased by 0.64%. The seven-day data for Bitcoin shows losses amounting to 7.40%.
The price value for Bitcoin is currently in the area of $19,993.98. The market value of BTC is estimated to be $382,966,617,467. The 24-hour trading volume for this coin is approximately $25,009,609,611.
BNB uncertain
Binance CEO CZ has praised the White House’s crypto framework, calling it a “responsible innovation.” The White House report recently came as a result of the executive order that President Biden had issued back in March 2022. The initiative of the US Govt. will force other countries to also work on crypto regulations.
The performance of Binance Coin has also shown uncertainty. The latest data shows that it has increased by 0.14% in the last 24 hours. In comparison, the weekly data shows a loss of 6.17%.
The price value for BNB is currently in the area of $276.87. The market value of this coin is estimated at $44,727,494,575. The 24-hour trading volume for this coin is approximately $565,035,959.
DASH in loss
Dash has also been in losses due to the continued fluctuations in the market. The latest data shows that it has decreased by 0.83% in the last 24 hours. The seven-day data shows a loss of 8.94% for this coin. The price value for DASH is currently in the range of $43.78.
The market cap of Dash is estimated at $478,097,573. The 24-hour trading volume for this coin is approximately $66,599,494. The same amount in its original currency is approximately 1,520,667 DASH.
STX in gains
The value of Stacks has shown a trend of gains as it has attracted investment. The latest data shows that it has increased by 0.97% in the last 24 hours. The weekly data for this coin shows a loss of 9.45%. The price value for STX is currently in the $0.3527 range.
The market value of Stacks is estimated at $470,743,492. The 24 hour trading volume for this coin is approximately $6,471,682. The circulating supply of this coin is approximately 1,334,059,765 STX.
Final thoughts
The global crypto market has gone through a situation of uncertainty. The lag in the performance of Bitcoin, Binance Coin and others shows a trend of emaciated gains. The result of this situation is the market’s inability to grow as expected. The latest changes show that the global market value has also been affected. The latest data shows that it is estimated at 968.56 billion dollars.
