Bitcoin
BTC$70 638.80

0.70%

Ethereum
ETH$3 565.34

-0.37%

Tether
USDT$0.999450

-0.04%

Binance Coin
BNB$581.89

0.78%

Solana
SOL$183.34

-1.85%

XRP
XRP$0.618901

-0.43%

Deep Dive Into The Current Cryptocurrency Market Trend


Suresh Sardar
Suresh Sardar

Experienced analyst of financial markets, Forex and cryptocurrencies.

#Bitcoin

The cryptocurrency market is always on 24 hours a day, seven days a week. It never sleeps, takes a day or weekend off - not even on holidays like Christmas. The digital asset class enables a globally connected market like never before, both being a blessing and a curse to traders and investors. Because of how fast paced the market is, trends are rapidly changing as each cryptocurrency evolves within the financial space.

Being speculative assets, cryptocurrencies are subject to extreme shifts in sentiment that result in the digital asset class’s notorious hallmark volatility. But it is that same volatility that makes cryptocurrencies like Bitcoin, Ethereum, Litecoin, and others so attractive in the first place.

It is that type of volatility that is responsible for the life-changing wealth these assets can generate, but it is a double-edged sword that depending on the trend can also wipe out capital in a flash.

Introduction: What’s New In Crypto Trends For 2021?

Bitcoin as the most dominant cryptocurrency being back in a bull market has caused all other cryptocurrencies to perform in the positive since. Ethereum, as the top ranked altcoin that is integral to the DeFi explosion of 2020, also had an incredible year. Most importantly, cryptocurrencies finally became widely adopted by hedge funds and large wealth institutional investors who are investing millions of dollars of cash reserves in Bitcoin.

This guide offers a deeper look at the current trends taking shape across the crypto market today in 2021. But first, let’s look back at what happened in 2020, and how these developments are still evolving from there.

2020 Trending Cryptocurrencies Remembered

Here’s What’s New For 2021 In Cryptocurrency Trends

What To Expect For The Rest Of 2021 Cryptocurrency Market Trends

What To Expect Beyond 2021

Summary: Recapping Cryptocurrency Market Trends For 2021 And What Lies Ahead

Crypto markets are always changing, as history has shown. One minute, things are in a full blown bull market, but in a blink can turn bearish for years to come. The one way to be ready for everything is to register to PrimeXBT and trade the trending cryptocurrency Bitcoin now, so you can be ready for when the reversal comes and another bear market is here.

Crypto Market Trends FAQ: Commonly Asked Questions About Crypto Trends

Which Cryptocurrency Will Rise In 2021?

Bitcoin and Ethereum are almost certain to rise in 2021. However, all cryptocurrencies are speculative assets and there’s no way to tell for sure what might happen, which is why trading is best.

Will There Be A Cryptocurrency Bull Run In 2021?

There already is a cryptocurrency bull market in 2021, and it should keep going throughout the year until the bear market starts in 2022.

Will A Bear Market Follow In 2022?

Given the repeating four year cycles in crypto markets, another bear market is right around the corner.

Which Crypto Will Survive?

Bitcoin and Ethereum are bound to survive. And because Litecoin, EOS, and others have also survived past bear markets, there’s no reason to assume they won’t withstand another.

Can Crypto Make You Rich?

Crypto has made a lot of people a lot of money, and will continue to do so. People also lose money in crypto, so be careful.

How To Understand Cryptocurrency Trends?

Understanding crypto trends is easy. If the number is increasing regularly, it’s a bull market. If it’s going down, it’s a bear market.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 79.2% 44 $70 638.80 0.70% 5.03% $1 389 224 140 780 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 72.8% 48 $3 565.34 -0.37% 0.63% $428 096 700 911 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.8% 1 $0.999450 -0.04% -0.10% $104 396 726 096 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 63.2% 80 $581.89 0.78% 4.06% $87 013 557 574 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 60% 89 $183.34 -1.85% -3.70% $81 456 432 857 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 84% 31 $0.618901 -0.43% 0.46% $33 967 887 928 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 93.2% 2 $1.000043 0% -0.06% $32 204 461 666 USDC 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 67.6% 68 $0.216094 15.17% 41.35% $31 042 497 287 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 68.4% 67 $0.645630 -1.16% 2.11% $22 972 095 050 ADA 7 days price change
10 Avalanche (AVAX) AVAX Avalanche predictions 58.4% 88 $53.81 -1.05% -2.04% $20 307 708 295 AVAX 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 57.6% 94 $0.000032 5.06% 17.60% $18 849 625 719 SHIB 7 days price change
12 Toncoin (TON) TON Toncoin predictions 58% 88 $4.98 -1.38% 19.45% $17 270 209 242 TON 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 76% 52 $9.45 -1.74% 0.78% $13 478 466 986 DOT 7 days price change
14 Chainlink (LINK) LINK Chainlink predictions 76.4% 42 $19.28 -2.13% 5.57% $11 319 050 024 LINK 7 days price change
15 Bitcoin Cash (BCH) BCH Bitcoin Cash predictions 68.8% 60 $569.11 14.45% 32.42% $11 201 035 891 BCH 7 days price change

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