The global cryptocurrency market has improved in the past 24 hours, with an increase of 3.45%.

Bitcoin has performed well in the past day, up 3.49%.

The currency also turned bullish, rising 2.43% in the past 24 hours.

Gala and okb are bullish, rising 1.81% and 1.75% respectively in the past 24 hours.

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The global encryption market improved after new revenue enhanced its volatile value. Recent changes in the market have brought about a continuous bearish state. It lasted about four days; The market has been falling because the situation has not improved. Although the indicators show bearish for the rest of the week, the changes in the market are optimistic because most tokens have turned bullish. If the duration of the bullish wave is not shorter than expected, it will improve further.

Due to UPI payment, the situation of cryptocurrency is still uncertain. Recently, the Indian authorities prevented a large cryptocurrency exchange from providing UPI services in India. Due to this legal prohibition, when is it expected to announce UPI payments in cryptocurrency. There is no positive change. According to market experts, it is less likely to announce it in the next few days. In addition to preventing the company from providing the above services, the national regulatory agency NCPI has not issued any formal instructions. Since there is no relevant major legislation, it is unlikely to happen in the short term.

The following is a brief overview of the current market situation based on the performance of bitcoin and coin ancoin.

BTC revitalizes

After the sudden recovery of the market, the situation of bitcoin began to stabilize. However, some economies have tried to use bitcoin to enhance their strength. A typical example is El Salvador, which tried to invest in bitcoin to maintain stability, but according to some studies, it proved to be a failure.

Source: tradingview

The latest data of bitcoin shows that it has increased by 3.49% in the past 24 hours. If we compare the data of the past seven days, bitcoin tries to make up for the losses of the past week. It reduced the loss to 0.54%. With new gains, the price value may further increase.

The current price value of bitcoin is in the range of $40583.19. If we compare the market value of bitcoin, it is estimated to be US $771992391523. In contrast, its 24-hour trading volume is about US $34533912701.

BNB is in recovery phase

As new revenue began to stabilize its value, the coin was also improving. These changes have brought great value, and it has depreciated without knowing any restrictions. As the situation has not improved, market analysts are worried that it will collapse.

Source: tradingview

According to the data of the past 24 hours, the coin has made up for the previous losses, up 2.43%. If we compare the losses in the past seven days, these losses have decreased to 2.88%. If earnings remain stable, the situation may improve.

The current price of the coin is in the range of $405.07. If we compare the market value, it is estimated to be US $66138210246. In contrast, its 24-hour trading volume is about $1831479153.

Gala changes the rhythm

Gala also safely got out of the bearish situation. The change in the past 24 hours shows that it has increased by 1.81%. As earnings declined, its weekly loss decreased to 5.84%. These changes strengthen its reduced price, which is currently in the range of $0.183.

Source: tradingview

The market value of the coin is estimated at $1272958829. Our trading volume is about $3430665 per hour. The same amount in local currency is approximately 1860360045 Gala.

Okb fluctuates

Okb has also experienced difficult times because its situation is volatile. The above changes have brought crucial value changes to it. Recent data show that it has been able to make up for the losses and has increased by 1.75% in the past 24 hours. If we compare the performance of the past seven days, it has increased by 2.21%.

Source: tradingview

The price value of the coin indicates that it is currently in the range of $20.10. Okb’s market value is estimated at US $1205774416. In contrast, its 24-hour trading volume is about US $81681046. Its circulation supply remains at 60 million okb.

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