Bitcoin, Binance Coin, Quant and Chiliz Daily Price Analysis – October 1 Morning Prediction
The global crypto market has had a rough day due to a bearish situation. The latest changes for Bitcoin, Binance Coin and others show a negative trend. As the market failed to sustain its momentum, it underwent a significant weakening. The market has seen a zig-zag pattern due to the unruly changes. The value of various coins has decreased due to uncertainty in the market as there has been no stability. There had been a bullish trend for a while, but it could not be sustained.
Chainlink has confirmed its interest in the NFT market despite the rapid decline. The said company expanded its services rapidly as the need for the services was felt. The blockchain network confirmed that it aims to maintain the pace at this year’s SmartCon convention. NFTs have been one of the growing segments in the Web3 arena, and Chainlink announced it as part of its product keynote.
The blockchain announced that it would provide NFT floor prices to NFT users. Coinbase and Cryptex Finance will be among the best partners to leverage Chainlink’s oracle data for NFT price feeds. In a recent tweet, Chainlink said it partnered with Chainlink Labs to serve customers by providing relevant data.
Here is a brief overview of the current market situation, analyzing the performance of Bitcoin, Binance Coin and others.
BTC pulled by bears
Bitcoin couldn’t end September on a bullish note, but it is eyeing gains in October. The royal coin started the month aggressively, but has not been able to sustain the gains. Market experts expect it to cross $20,000 and turn the light green.
The latest changes for Bitcoin show a continuation of the negative trend. The latest data shows that it has gone down 1.11% in the last day. The weekly data shows that Bitcoin has added 1.06%.
As the negative trend continues, the price value of Bitcoin has dropped to the $19,326.93 area. The market value of Bitcoin is estimated at $370,418,524,276. The 24-hour trading volume for Bitcoin is approximately $32,064,749,227.
BNB in loss
Health and fitness ecosystem Amino has announced the launch date for its NFT collection celebrating basketball star Klay Thompson. The company said it would launch its NFTs on the Binance NFT market. The aforementioned project is one of the latest grants that will attract further investment to the NFT market.
The performance of Binance Coin also shows a negative trend. The latest data shows that it has fallen 0.62% in the last 24 hours. The weekly data shows additions of 0.65% for this coin.
The price value of BNB is currently in the area of $282.87. The market value of this coin is estimated to be $45,637,942,245. The 24-hour trading volume for this coin is approximately $646,124,187.
QNT is losing momentum
The value of Quant has also been affected due to reduced momentum. The latest data shows that it has increased by 0.07% in the last 24 hours. The seven-day data shows it has added 18.80%. The price value for QNT is currently in the area of $141.82.
The market cap of Quant is estimated at $1,712,214,562. The 24 hour trading volume for this coin is approximately $93,779,853. The same amount in its original currency is approximately 661,237 QNT.
CHZ bullish
Chiliz has remained bullish due to capital inflows. The latest data shows that it has increased by 3.82% in the last 24 hours. The seven-day data shows that it has decreased 6.53%. The price value for CHZ has remained at $0.2444.
The market cap of Chiliz is estimated at $1,466,480,246. The 24 hour trading volume for this coin is around $307,572,046. The circulating supply of this coin is approximately 6,000,386,953 CHZ. If the market remains bullish, it is likely to grow further in value.
Final thoughts
The global crypto market has seen another bearish change in the market. The latest data shows losses for Bitcoin, Binance Coin and others. There has been lasting uncertainty in the market, so the value has fallen. The global market value has also been affected. The latest data shows that it is estimated at 939.03 billion dollars.
