Bitcoin
BTC$60 032.76

-2.11%

Ethereum
ETH$3 989.05

-3.01%

Binance Coin
BNB$469.93

-2.46%

Tether
USDT$1.000447

0.02%

Cardano
ADA$2.10

-2.38%

Solana
SOL$187.59

-3.86%

Cryptocurrencies lose in price as part of downtrend


The enthusiasm for the launch of Bitcoin ETF seems to be dissipating, judging by the letters to the US Securities and Exchange Commission (SEC) in support of a new investment instrument. The SEC received a total of 7 letters with comments after public hearings in response to a request for feedback, which they asked for in February 2019. Of these, 6 called on the agency to reject the application (this is about 84%). In September 2018, the application for the launch of Bitcoin ETF from the VanEck SolidX Bitcoin Trust received more than 1,400 emails with comments, of which 99% were positive. However, since then enthusiasm has noticeably waned, mainly due to the prolonged Crypto-Winter.

The main cryptocurrencies are again falling in the downtrend that has long been formed on the market. At the same time, they even ignore the obvious news positive. For example, the market could support the news that six banks from different countries of the world declared their intention to issue their own stablebcoins, secured by national currencies.

Not paying attention to this message, the rate of Bitcoin at 10.00, according to Libertex, dropped by 0.15% during the day to 3,980 dollars with a capitalization of 71.2 billion dollars. Bitcoin also ignored the news that one of the largest technology corporations in the US is a supplier of Avnet technology solutions, starting to accept it as a means of payment.

Ethereum for the day fell 0.36% - up to 136.9 dollars, its capitalization amounted to 14.6 billion dollars. XRP fell in price by 0.32% - to $ 0.314 with a capitalization of $ 13.1 billion. Litecoin lost 0.85% and dropped to 58.6 dollars, its capitalization amounted to 3.6 billion dollars.

However, Stellar Lumens (XLM) jumped almost 11% in 24 hours. The trend began to break at the beginning of the European trading session, stopping on Tuesday morning at $ 0.113. The XLM then tested the same level following the drop from the growth trajectory during today's European session. However, in general, the cryptocurrency has maintained a bullish attitude in the last 2 days.

The total capitalization of the crypto market has reached $ 139.9 billion. According to financial scouts, the decline in the crypto market continues: in the short term, Bitcoin could drop to $ 3,900, Ethereum - to $ 135, XRP - to $ 0.31, and Litecoin - to $ 57.5.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 63.6% 74 $60 032.76 -2.11% -1.50% $1 131 802 049 382 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 68.4% 59 $3 989.05 -3.01% 4.71% $470 948 938 919 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 71.6% 62 $469.93 -2.46% 0.52% $78 385 216 501 BNB 7 days price change
4 Tether (USDT) USDT Tether predictions 93.2% 1 $1.000447 0.02% 0.09% $69 605 178 895 USDT 7 days price change
5 Cardano (ADA) ADA Cardano predictions 86.8% 13 $2.10 -2.38% -2.74% $69 174 273 027 ADA 7 days price change
6 Solana (SOL) SOL Solana predictions 70.4% 56 $187.59 -3.86% 17.09% $56 455 905 240 SOL 7 days price change
7 XRP (XRP) XRP XRP predictions 75.2% 49 $1.063738 -2.10% -5.03% $49 938 635 685 XRP 7 days price change
8 Polkadot (DOT) DOT Polkadot predictions 61.6% 82 $41.55 -4.26% -0.40% $41 029 792 344 DOT 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 72% 60 $0.261327 4.69% 10.43% $34 450 251 548 DOGE 7 days price change
10 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000452 0.01% 0.09% $32 589 972 835 USDC 7 days price change
11 Terra (LUNA) LUNA Terra predictions 70% 61 $40.06 -6.21% 7.93% $16 078 547 993 LUNA 7 days price change
12 UniSwap (UNI) UNI UniSwap predictions 78.4% 43 $25.49 -4.26% -3.47% $15 592 349 712 UNI 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 54.8% 92 $0.000038 12.93% 47.19% $14 846 178 540 SHIB 7 days price change
14 Avalanche (AVAX) AVAX Avalanche predictions 71.2% 61 $62.43 -4.16% 10.20% $13 751 801 922 AVAX 7 days price change
15 Chainlink (LINK) LINK Chainlink predictions 74.8% 50 $29.06 -5.36% 8.54% $13 396 474 820 LINK 7 days price change

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