Bitcoin, Ethereum, Axie Infinity and OKB Daily Price Analysis – October 3rd Roundup

The global crypto market has continued to grow in value as it has maintained its positive momentum. The latest changes for Bitcoin, Ethereum and others show that the bullish pattern has remained unchanged. There has been a decline in value for some coins, but the overall trend shows satisfactory results. The market has been struggling with the increased trend of losses, but the ongoing changes have given it a breathing space. If the current situation persists, the market is likely to grow further.

Giant tech companies have entered the crypto space, and a good comparison between Facebook and Amazon can be made. Facebook and Amazon have used revolutionary technology to grow their businesses. Their evolution has made it possible to make them known in households all over the world. Unlike Facebook, Amazon has seemed reluctant to incorporate new crypto technologies.

Amazon recently adopted digital ledger technology in an effort to modernize its business. The new change will help with the tracking and verification of packages during delivery. Amazon Web Service is another name that was made available to use blockchain cloud technology. Facebook (recently renamed Meta) is another name that has quickly adopted blockchain technology. Some of the leading blockchain projects include The Libra/Diem Project, The Meta Project, etc.

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

BTC is trading above $19.5K

New York-based firm NYDIG has promoted two executives as Bitcoin balances hit an all-time high. The company promoted two managers as the company’s revenue increased significantly. Recent changes in the overall market have led to gains for investors and companies.

The value of Bitcoin has seen little change as the market remains bullish. The latest data shows that it has increased by 1.74% in the last 24 hours. In comparison, the weekly data shows a loss of 0.99% for Bitcoin.

The price value for BTC is currently in the area of ​​$19,531.65. The market value of Bitcoin is estimated at $374,328,042,534. The 24-hour trading volume for this coin is approximately $29,691,894,755.

ETH remains green

Ethereum has seen tough competition from Solana due to increased NFT sales. NFT’s monthly sales have topped $947 million as Solana sales have doubled. Sales volume for Solana has increased by 82% since January.

The performance of Ethereum has also shown a positive trend. The latest data shows that it has increased by 1.86% in the last 24 hours. The seven-day data shows that it has gone down 3.42%.

The price value for ETH has remained in the area of ​​$1,321.18. The market value of this coin is estimated at $162,031,646,209. The 24-hour trading volume for this coin is approximately $9,626,479,301.

AXS moves on

The value of Axie Infinity has increased as a result of its continued progress. The latest data shows that it increased by 3.30% in the last day. The weekly data shows that it has declined by 0.26%. As a result of these changes, the price value for AXS has changed to the $12.70 range.

The market cap of Axie Infinity is estimated at $1,052,926,490. The 24 hour trading volume for this coin is approximately $42,371,399. The same amount in its original currency is approximately 3,342,310 AXS.

OKB in loss

The value of OKB has continued to decrease due to the negative trend. The latest data shows that it has dropped 1.20% in the last 24 hours. The seven-day data shows it has declined 0.45%. These changes have resulted in a reduction in the price value of OKB to around $15.48.

The market value of OKB is estimated at $928,341,709. The 24-hour trading volume for this coin is approximately $18,871,589. The circulating supply of this coin is approximately 60,000,000 OKB.

Final thoughts

The performance of the global crypto market has continued to show a positive trend. The recent changes in the value of Bitcoin, Ethereum and others show an increase in value. As the gains have continued, the market has seen overall growth. The global market value has also increased slightly. The latest data shows that it is estimated at 941.17 billion dollars.