Bitcoin
BTC$41 830.57

-4.04%

Ethereum
ETH$2 900.30

-5.79%

Tether
USDT$1.000560

0.05%

Cardano
ADA$2.12

-4.44%

Binance Coin
BNB$338.82

-2.63%

XRP
XRP$0.927879

-3.26%

Cryptomarket stabilizes after the Bitfinex negative


#Litecoin

The main cryptocurrencies stabilized after a fairly sharp fall, associated with the withdrawal of funds from the digital trading platform Bitfinex, which the prosecutor's office of New York earlier accused of fraud. So, according to the authorities, the exchange has withdrawn $ 850 million in cryptocurrency, trying to hide the attraction of the fiat funds stablecoin Tether. The state's chief attorney claims that Bitfinex used at least $ 700 million from Tether's reserves to cover losses of $ 850 million from customer and company funds. His arguments were set forth in documents that were sent to the Supreme Court of Manhattan. In total, the market lost about $ 10 billion in capitalization at night from Thursday to Friday at these events.

Tether is one of the most visible steakblocks on the market. As planned, the token must be provided 1: 1 with the dollar in order to remain stable. Typically, a token is used as a replacement for Fiat during cryptocurrency transactions. However, it was also not without questions. There were questions about the real availability of dollar reserves, which would cover the binding to the dollar volume in the accounts, and also the question of bitcoin exchange rates in 2017 was a serious one.

Also unpleasant for the market was the news that India may impose a complete ban on cryptocurrencies. Now the government is discussing the relevant bill.

At the same time, the market has already largely played this negative and by 9.00, according to Libertex, over the course of the day Bitcoin rose by 0.05% to $ 5,175, with a capitalization of $ 93.7 billion. Ethereum by this time added 0.13% and rose to 154.1 dollars with a capitalization of 16.7 billion dollars. Now there is a good opportunity to make money on cryptocurrency courses, as the Forex Club trader did, who was able to get more than $ 1,800 in this market in a day.

XRP per day rose in price by 0.23% - up to 0.2985 dollars, its capitalization amounted to 12.5 billion dollars. Positive news for this cryptocurrency was the message that. that Ripple reported a 31% increase in XRP sales in Q1. Such a sharp increase was due to the attraction of new investors. Litecoin rate dropped by 2.16% in a day to 68.1 dollars, its capitalization reached the level of 4.3 billion dollars.

The total capitalization of the crypto market was $ 171.6 billion. According to financial crypto analysts, in the near future, digital currencies have chances for further stabilization. So, Bitcoin can grow to $ 5,200, Ethereum - to $ 155, Litecoin - go to growth and rise to $ 69, and XRP - to $ 0.3.


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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 74.8% 41 $41 830.57 -4.04% -3.12% $787 608 951 535 $30 956 829 833
2 Ethereum (ETH) ETH Ethereum predictions 73.2% 56 $2 900.30 -5.79% -4.28% $341 387 673 705 $16 948 397 599
3 Tether (USDT) USDT Tether predictions 93.2% 1 $1.000560 0.05% 0.05% $68 581 448 843 $67 387 184 321
4 Cardano (ADA) ADA Cardano predictions 68% 70 $2.12 -4.44% -3.17% $67 752 619 605 $2 735 590 029
5 Binance Coin (BNB) BNB Binance Coin predictions 68% 59 $338.82 -2.63% -8.65% $56 968 565 730 $1 441 932 933
6 XRP (XRP) XRP XRP predictions 75.6% 50 $0.927879 -3.26% -1.97% $43 348 318 686 $2 723 347 351
7 Solana (SOL) SOL Solana predictions 66% 68 $133.61 -8.48% -4.91% $39 737 184 358 $2 505 852 045
8 USD Coin (USDC) USDC USD Coin predictions 92% 1 $1.000582 0.07% 0.05% $31 278 878 412 $3 206 085 319
9 Polkadot (DOT) DOT Polkadot predictions 68% 68 $27.57 -4.79% -6.28% $27 229 665 528 $1 489 527 276
10 Dogecoin (DOGE) DOGE Dogecoin predictions 66% 63 $0.200266 -2.61% -6.96% $26 329 699 638 $833 434 793
11 UniSwap (UNI) UNI UniSwap predictions 67.2% 68 $24.01 -1.04% 13.50% $14 682 674 805 $1 173 159 622
12 Avalanche (AVAX) AVAX Avalanche predictions 60.8% 84 $66.00 -7.99% 4.98% $14 539 183 357 $1 047 963 478
13 Terra (LUNA) LUNA Terra predictions 68.8% 61 $35.04 -4.51% 23.72% $14 012 646 384 $1 534 292 582
14 Binance USD (BUSD) BUSD Binance USD predictions 93.2% 1 $1.000446 0.07% 0.02% $13 532 124 274 $4 668 219 259
15 Chainlink (LINK) LINK Chainlink predictions 67.6% 70 $23.36 -3.44% -2.07% $10 627 202 783 $1 044 812 386

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