Bitcoin
BTC$43 168.18

0.32%

Ethereum
ETH$3 004.08

-0.89%

Cardano
ADA$2.18

-1.67%

Tether
USDT$1.000513

-0.07%

Binance Coin
BNB$341.82

-0.94%

XRP
XRP$0.938253

-0.25%

Cryptomarket continues its climb


#Bitcoin

Cryptocurrency assets declined slightly after rising during the week. The price of Bitcoin fell to the level of $ 5,100, the price of Ethereum dropped to around 167, and XRP to the level of $ 0.3560. A slight correction of cryptocurrency after a sharp rise in the beginning of last week allows us to hope for the further development of a full-fledged uptrend. The price of Bitcoin has fixed above the key level of 5000 and can now test the following resistance at around $ 5300. The growth of cryptocurrency can contribute to the return of fiat money to the digital asset market, after a significant outflow in the spring of 2018. The increase in the volume of fiat money will lead to an increase in trading volumes and to the further strengthening of the price of cryptocurrency. Thus, in conditions of a relatively small market, even a slight increase in the price can cause the development of a long-term trend.

The major cryptocurrencies on Monday mainly continue their rather active growth, which began last week amid positive news. At the same time, Ethereum shows the best dynamics, which, according to Libertex, at 10.00 per day has risen in price by 8.14% to 181.9 dollars with a capitalization of 19.1 billion dollars. Purchases in this cryptocurrency are related to the news about the upcoming hard fork in the Ethereum Classic network called Atlantis.

The rise in Bitcoin prices has caused a surge in interest in cryptocurrency-based derivatives. According to the Chicago Mercantile Exchange, since the beginning of April, trading volume in futures on Bitcoin has grown by 950%. April 4, trading volume was 22,500 contracts, compared with 2000 on April 1. The size of one futures contract on the Chicago Stock Exchange is 5 Bitcoin, that is, the volume of trading in cash equivalent exceeded $ 500 million.

At the same time, Bitcoin rose in price by 3.07% to 5278 dollars, its capitalization amounted to 92.9 billion dollars. XRP went up by 0.56% - to $ 0.358 with a capitalization of $ 15 billion. Additional support for this digital currency is provided by Ripple’s management statement that XRP can exist on its own, without participation from the company. The exception on Monday is Litecoin, which fell by 3.23% - to 89.7 dollars, its capitalization amounted to 5.5 billion dollars.

The total capitalization of the crypto market has reached 183.2 billion dollars. According to financial scouts, in the near future, cryptocurrencies will mainly continue their upward movement. So, Bitcoin can rise in price to the levels of 5130, 5150 and 5180 dollars, Ethereum - up to 185 dollars, XRP - up to 0.37 dollars, and Litecoin - adjust up to 92 dollars.


Related

The Best Composition For Your Cryptocurrency Portfolio in 2021
The Best Composition For Your Cryptocurrency Portfolio in 2021
The Reasons Behind the Current Popularity of Play-to-Earn Games
The Reasons Behind the Current Popularity of Play-to-Earn Games
The Biggest Ponzi Schemes in the History of Crypto
The Biggest Ponzi Schemes in the History of Crypto
The Reasons Why 90% of Crypto Traders Lose Money
The Reasons Why 90% of Crypto Traders Lose Money
Crypto Volatility Index (CVIX): An Essential Risk Management Tool in Crypto Trading
Crypto Volatility Index (CVIX): An Essential Risk Management Tool in Crypto Trading
The Best Cryptocurrency Trading Bots in 2021
The Best Cryptocurrency Trading Bots in 2021
Top Cryptocurrency Exchanges to Trade on in 2021
Top Cryptocurrency Exchanges to Trade on in 2021
The Biggest Misconceptions About Cryptocurrency Markets
The Biggest Misconceptions About Cryptocurrency Markets
Bitcoin Price Prediction for 2025 and 2030. Is One Million Per BTC a Realistic Target?
Bitcoin Price Prediction for 2025 and 2030. Is One Million Per BTC a Realistic Target?

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap Volume 24h
1 Bitcoin (BTC) BTC Bitcoin predictions 80.8% 36 $43 168.18 0.32% -0.37% $812 772 420 923 $31 192 680 458
2 Ethereum (ETH) ETH Ethereum predictions 72% 50 $3 004.08 -0.89% 0.41% $353 583 713 819 $19 390 160 771
3 Cardano (ADA) ADA Cardano predictions 67.2% 71 $2.18 -1.67% 3.44% $69 832 878 215 $3 073 248 637
4 Tether (USDT) USDT Tether predictions 92.4% 1 $1.000513 -0.07% 0.05% $68 578 142 843 $71 016 415 448
5 Binance Coin (BNB) BNB Binance Coin predictions 66.8% 61 $341.82 -0.94% -6.18% $57 472 750 025 $1 552 010 074
6 XRP (XRP) XRP XRP predictions 75.6% 49 $0.938253 -0.25% 1.51% $43 832 950 516 $3 033 647 400
7 Solana (SOL) SOL Solana predictions 68% 64 $140.49 3.07% 2.42% $41 785 405 951 $2 881 769 726
8 USD Coin (USDC) USDC USD Coin predictions 90.8% 1 $1.000447 -0.04% 0.02% $31 153 823 850 $3 173 493 897
9 Polkadot (DOT) DOT Polkadot predictions 66.8% 65 $28.29 -1.81% -1.37% $27 941 506 166 $1 712 123 937
10 Dogecoin (DOGE) DOGE Dogecoin predictions 68.4% 61 $0.203046 -0.96% -3.24% $26 692 493 819 $855 732 314
11 Avalanche (AVAX) AVAX Avalanche predictions 59.2% 81 $68.22 2.85% 15.73% $15 027 546 330 $1 240 912 224
12 Terra (LUNA) LUNA Terra predictions 68.8% 60 $37.38 6.51% 33.72% $14 951 567 039 $1 684 215 996
13 UniSwap (UNI) UNI UniSwap predictions 66.8% 67 $22.91 -4.24% 8.57% $14 010 020 202 $1 160 176 166
14 Binance USD (BUSD) BUSD Binance USD predictions 92.4% 1 $1.000238 -0.06% 0.01% $13 529 303 353 $5 078 288 807
15 Chainlink (LINK) LINK Chainlink predictions 64.4% 67 $23.59 -3.95% -0.49% $10 732 590 020 $1 097 433 048

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2021 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.