Major crypto currencies declined slightly
The main cryptocurrency assets declined slightly during yesterday's trading session. Bitcoin dropped to $ 4,420, Ethereum dropped to $ 105, and the XRP price dropped to support at $ 0.3000.
South Korean FINTECH, BxB, has announced the launch of a new stewlockcoin KRWb, which will be provided with the national currency of Korean Won. The test launch of the token was carried out earlier on the Airswap decentralized platform, and then the steyblecoin, provided with a fiat currency in a one-to-one ratio, was launched on Korean and international exchanges.
It is reported that the company will manage the extraction and burning of KRWb tokens using a smart contract on the ethereum blockchain using a multi-signature and approval of a third-party auditor to complete. Initially, a limited number of KRWb issue partners are planned, who will be responsible for distributing the token to the market and maintaining its liquidity.
According to a new study by Diar, despite the growing interest in the concept of decentralized cryptocurrency exchanges, trading volume at these sites reached a record minimum in dollar terms. The report notes that since June 2017, when such exchanges only began to appear, their total trading volume was 8.9 billion. However, in January of this year, the amount of transactions on decentralized exchanges reached only 49 million. For comparison, this is approximately 10% of the monthly trading volume of only one Binance exchange. Diar also revealed that the trend of decline is also observed in the number of unique users of the sites. Thus, centralized exchanges still dominate the market, despite a significant increase in the number of decentralized cryptocurrency exchanges in 2018.
In our forecast for today's trading, we assume a further decline in the main cryptocurrency. We expect Bitcoin to fall to support levels of 4,400, 4,350 and 4,300 dollars, Ethereum's decline to 100, 98 and 95 dollars, as well as a further drop in the XRP price to 0.3250, 0.3150 and 0.3100.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 82% | 25 | $58 212.93 | -2.74% | 2.96% | $1 149 991 835 476 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 76.4% | 46 | $2 306.12 | -3.33% | -1.66% | $277 517 977 475 |  |
|
| 3 |  USDT |
Tether predictions | 93.6% | 1 | $0.999674 | -0.05% | -0.04% | $118 746 447 563 |  |
|
| 4 |  BNB |
Binance Coin predictions | 78.8% | 33 | $535.38 | -3.78% | 3.59% | $78 130 067 520 |  |
|
| 5 |  SOL |
Solana predictions | 78.4% | 41 | $131.04 | -1.88% | -1.52% | $61 355 258 435 |  |
|
| 6 |  USDC |
USD Coin predictions | 94% | 1 | $0.999925 | 0% | -0.01% | $35 603 266 724 |  |
|
| 7 |  XRP |
XRP predictions | 76.4% | 37 | $0.579741 | -1.22% | 8.17% | $32 689 314 282 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 81.2% | 28 | $0.099815 | -5.28% | -3.49% | $14 571 279 977 |  |
|
| 9 |  TON |
Toncoin predictions | 70.4% | 59 | $5.42 | -3.35% | 4.82% | $13 737 152 570 |  |
|
| 10 |  TRX |
TRON predictions | 84.4% | 23 | $0.148564 | -0.28% | -3.82% | $12 879 108 076 |  |
|
| 11 |  ADA |
Cardano predictions | 79.6% | 35 | $0.330572 | -3.88% | -3.76% | $11 887 575 348 |  |
|
| 12 |  STETH |
Lido stETH predictions | 95.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 13 |  WTRX |
Wrapped TRON predictions | 91.2% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
|
| 14 |  WBTC |
Wrapped Bitcoin predictions | 96% | 1 | $65 806.83 | 0.78% | -2.68% | $10 083 957 608 |  |
|
| 15 |  AVAX |
Avalanche predictions | 74.8% | 52 | $23.50 | -3.94% | -2.49% | $9 536 183 213 |  |
