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Bitcoin, Binance Coin, Aptos, and Maker Daily Price Analyses – 5 November Morning Prediction

In this post:

  • The global crypto market has continued to grow in value as it added 1.32% in 24 hours.
  • The performance of Bitcoin has continued to show a positive trend as it added 1.48%.
  • The value of Binance Coin has shown a recessive trend as it shed 0.06% in 24 hours.
  • Aptos and Maker are both bullish as they have added 5.24% and 1.46%, respectively.

The global crypto market has kept its pace as it continued bullish. The recent data for Bitcoin and others shows a positive trend. The continuation of a positive trend has kept the market moving forward in an optimistic manner. The positive trend is likely to continue as the market difficulties seem to be coming to an end. As the market has continued to increase gains, there has been an enhancement in the influx of capital.

Fidelity has plans to launch commission-free crypto trading for customers. Fidelity Investments has announced the launch of Fidelity Crypto, a service that will allow retail investors to trade BTC and ETH without having to pay a commission fee. Fidelity Investments is one of the largest brokerage firms that have assets worth trillions under its management. The service it plans to offer will be commission free but it will add a 1% fee to each transaction.

Fidelity has labeled it as spread and justifies it as the difference between the execution price and the price at which Fidelity fills the customer’s order. Fidelity serves around 40 million investors and has opened access to waitlist users. The company hasn’t given any exact date for the launch. According to media reports, Fidelity follows Robinhood and Binance in commission-free crypto trading.

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

BTC stays at $21.3K

Venture capitalists predict a rise in the value of Bitcoin in the upcoming six months. Bitcoin has finally been able to cross $21K after seven weeks of failed attempts. As it was able to break past that barrier, it is likely to move further ahead.

BTCUSD 2022 11 05 20 57 15
Source: TradingView

The recent changes for Bitcoin show a continuation of its positive pace. The latest data shows that it has added 1.48% over the last 24 hours. The weekly performance of this coin shows an addition of 2.10%.

The price value of BTC is currently in the $21,310.99 range. The market cap value of Bitcoin is estimated to be $409,161,884,797. The 24-hour trading volume of Bitcoin is about $49,704,136,143.

BNB turns recessive

Binance CEO CZ has expressed his views on investing in Elon Musk’s Twitter acquisition. He said that free speech is a pre-requisite for having freedom of money which they are working for. He highlighted the importance of Twitter and its plans to make it further accessible.

Read Also  Binance terminates partnership with the Argentine national team
BNBUSDT 2022 11 05 20 59 11
Source: TradingView

The performance of Binance Coin shows that it couldn’t continue its pace. The recent data shows that it has shed 0.06% over the last 24 hours. The weekly performance shows that it has added 16.05%.

The price value of BNB is currently in the $350.88 range. The market cap value of this coin is estimated to be $56,202,367,610. The 24-hour trading volume of this coin is about $1,292,764,130.

APT continues to grow

The performance of Aptos has also shown a positive trend. The latest data shows that it has added 5.24% over the last 24 hours. The weekly performance of this coin shows a loss of 2.42%. The price value of APT is currently in the $7.74 range.

APTUSDT 2022 11 05 21 00 33
Source: TradingView

The market cap value of Aptos is estimated to be $1,002,916,992. The 24-hour trading volume of this coin is about $335,973,119. The same amount in its native currency is about 43,549,472 APT.

MKR in gains

The value of Maker has also risen following the bullish trend. The latest data shows that it has added 1.46% over the last day. The weekly data shows that it has shed 1.39%. The price value of MKR is currently in the $902.21 range.

MKRUSDT 2022 11 05 21 02 25
Source: TradingView

The market cap value of Maker is estimated to be $881,595,890. The 24-hour trading volume of this coin is about $29,281,668. The circulating supply of this coin is about 977,631 MKR.

Final Thoughts

The global crypto market has seen a bullish trend over recent hours. The performance of Bitcoin and others has seen a boost due to the continuation of the influx of capital. The increase in gains has strengthened the market. The global market cap value has also witnessed enhancement due to a bullish trend. The latest data shows that it is estimated to be $1.06 trillion. 

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Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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