Bitcoin Briefly Climbs Back Above $50K for First Time in Six Days
Bitcoin (BTC) is trading around $49,444 as of 12:37 UTC (7:37 p.m. ET) and cooling slightly, having risen to a 24 hour high above $50,200. The price has gained 6.8% over the previous 24 hours. Bitcoin’s 24-hour range: $45,741.74-$50,213.03 (CoinDesk 20). BTC is trading above its 100-hour and 200-hour averages on the hourly chart, a bullish signal for market technicians.
The push past $50,000 came as the Chicago Board Options Exchange’s announced an official filing to list shares of VanEck’s BTC exchange-traded fund. Trading volume was strong on Monday, as bitcoin’s price rose 9.7%, the most in three weeks, according to data from the Bitstamp exchange.
“We have seen an increase in cryptocurrency offerings from the largest investment banks including bitcoin research, custody, trading, and prime brokerage,” said Kyle Davies, co-founder of Three Arrows Capital. “I expect these offerings to grow as global investment banks embrace cryptocurrencies.”
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 84.8% | 25 | $64 485.37 | 0.33% | 1.53% | $1 269 733 248 757 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 72.8% | 47 | $3 156.53 | 0.53% | 2.97% | $385 248 931 720 |  |
|
| 3 |  USDT |
Tether predictions | 93.2% | 1 | $0.999827 | 0.02% | -0.07% | $110 444 368 558 |  |
|
| 4 |  BNB |
Binance Coin predictions | 88.4% | 20 | $614.21 | 1.01% | 11.23% | $90 649 755 653 |  |
|
| 5 |  SOL |
Solana predictions | 69.6% | 68 | $144.92 | -1.92% | 1.99% | $64 801 943 270 |  |
|
| 6 |  USDC |
USD Coin predictions | 94% | 2 | $1.000042 | -0.01% | 0% | $33 354 239 535 |  |
|
| 7 |  XRP |
XRP predictions | 68.4% | 64 | $0.525514 | -0.36% | 4.48% | $28 971 123 639 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 70.4% | 60 | $0.151394 | 0.03% | -0.69% | $21 806 112 367 |  |
|
| 9 |  TON |
Toncoin predictions | 68.8% | 64 | $5.41 | -2.56% | -16.87% | $18 789 466 535 |  |
|
| 10 |  ADA |
Cardano predictions | 62.4% | 72 | $0.471080 | -0.81% | 2.82% | $16 786 416 060 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 62.4% | 79 | $0.000026 | 0.19% | 12.90% | $15 155 447 928 |  |
|
| 12 |  AVAX |
Avalanche predictions | 66% | 69 | $35.58 | -2.16% | 2.12% | $13 458 015 785 |  |
|
| 13 |  TRX |
TRON predictions | 83.6% | 21 | $0.117230 | 3.54% | 7.22% | $10 265 718 725 |  |
|
| 14 |  STETH |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 15 |  WTRX |
Wrapped TRON predictions | 84.4% | 18 | $0.117092 | 3.24% | 7.19% | $10 253 646 591 |  |
