Bitcoin
BTC$42 031.59

-3.48%

Ethereum
ETH$2 918.83

-5.04%

Tether
USDT$1.000459

-0.02%

Cardano
ADA$2.12

-3.86%

Binance Coin
BNB$341.96

-1.79%

XRP
XRP$0.930539

-2.70%

Cryptomarket goes on to creep down


#Bitcoin

The main cryptocurrency continues its decline amid reports that the mining giant Bitmain went down to a sixteen-month low. However, the good news for the crypto market was the message that Iran introduced its own digital currency based on gold.

The cost of the main cryptocurrency practically did not change on Monday, most of the assets were trading in a narrow sideways range. Bitcoin traded on the approaches to the key resistance level of $ 3,500. Ethereum remained at $ 108, and the XRP price slightly decreased to support 0.3030.

Iranian authorities in collaboration with several local banks created a digital currency to circumvent sanctions issued by US. Cryptocurrency called PayMon will be backed by gold reserves. It is hoped that the digital asset is going to be presented on the Iranian blockchain platform Fara Bourse. 

In our forecast for today, we assume a slight recovery of cryptocurrency assets. We expect Bitcoin to rise to resistance levels of $ 3,500, $ 3,550 and $ 3,600, Ethereum strengthens to levels of 108, 110, 114, and XRP price growth to levels of 0.3050, 0.3075 and $ 0.3100.

Bitcoin rate at 11.00 per day decreased by 0.09% - to $ 3,419 with a capitalization of $ 60.6 billion. Ethereum by this time fell by 0.75% - to 106.1 dollars, its capitalization amounted to 11.2 billion dollars. XRP for the day lost in the price of 0.33% and dropped to $ 0.299 with a capitalization of 12.3 billion dollars. Litecoin fell 0.29% to $ 33.8, with a capitalization of $ 2.1 billion.

The total capitalization of the crypto market has reached $ 113.4 billion. As financial scouts believe, the decline in the crypto market will continue in the nearest future. Bitcoin can go down to $ 3350, Ethereum can go down to $ 100, XRP - to $ 0.28, and Litecoin - to $ 32.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap Volume 24h
1 Bitcoin (BTC) BTC Bitcoin predictions 79.2% 41 $42 031.59 -3.48% -2.59% $791 393 954 252 $31 747 117 181
2 Ethereum (ETH) ETH Ethereum predictions 70.4% 56 $2 918.83 -5.04% -3.78% $343 568 213 349 $17 440 054 934
3 Tether (USDT) USDT Tether predictions 90.8% 1 $1.000459 -0.02% 0.01% $68 574 589 302 $69 040 305 714
4 Cardano (ADA) ADA Cardano predictions 65.2% 70 $2.12 -3.86% -2.03% $67 842 308 406 $2 790 874 402
5 Binance Coin (BNB) BNB Binance Coin predictions 72.8% 59 $341.96 -1.79% -7.48% $57 495 736 706 $1 499 392 995
6 XRP (XRP) XRP XRP predictions 74.4% 50 $0.930539 -2.70% -0.96% $43 472 608 125 $2 798 278 933
7 Solana (SOL) SOL Solana predictions 67.6% 68 $134.46 -7.35% -4.28% $39 991 503 535 $2 559 971 396
8 USD Coin (USDC) USDC USD Coin predictions 91.6% 1 $1.000432 0% 0.01% $31 274 186 323 $3 304 747 454
9 Polkadot (DOT) DOT Polkadot predictions 69.6% 68 $27.75 -3.90% -5.26% $27 404 751 396 $1 534 718 165
10 Dogecoin (DOGE) DOGE Dogecoin predictions 71.2% 63 $0.200627 -1.87% -6.10% $26 377 191 591 $850 603 349
11 UniSwap (UNI) UNI UniSwap predictions 67.6% 68 $24.35 1.57% 14.50% $14 894 976 126 $1 220 639 004
12 Avalanche (AVAX) AVAX Avalanche predictions 58.8% 84 $66.26 -7.62% 2.41% $14 596 076 840 $1 012 955 214
13 Terra (LUNA) LUNA Terra predictions 71.2% 60 $35.29 -4.09% 24.68% $14 110 398 958 $1 562 373 257
14 Binance USD (BUSD) BUSD Binance USD predictions 95.2% 1 $1.000438 0.02% -0.01% $13 532 008 893 $4 826 393 143
15 Chainlink (LINK) LINK Chainlink predictions 68% 70 $23.39 -2.95% -1.74% $10 644 298 254 $1 068 673 199

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