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 | 75.2% | 40 | $61 168.42 | 1.56% | -7.74% | $1 208 863 783 447 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 77.6% | 44 | $2 363.94 | 1.94% | -11.89% | $284 555 397 399 |  |
|
| 3 |  USDT |
Tether predictions | 96% | 1 | $0.999717 | -0.02% | -0.07% | $119 608 189 522 |  |
|
| 4 |  BNB |
Binance Coin predictions | 76.4% | 51 | $548.16 | 1.78% | -10.22% | $79 994 624 748 |  |
|
| 5 |  SOL |
Solana predictions | 74% | 54 | $139.68 | 3.46% | -12.80% | $65 438 871 809 |  |
|
| 6 |  USDC |
USD Coin predictions | 96% | 1 | $0.999890 | -0.02% | -0.01% | $35 552 716 137 |  |
|
| 7 |  XRP |
XRP predictions | 77.6% | 39 | $0.519599 | 0.32% | -12.41% | $29 390 622 034 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 80% | 39 | $0.107282 | 4.49% | -15.66% | $15 687 645 053 |  |
|
| 9 |  TRX |
TRON predictions | 92.8% | 1 | $0.157265 | 1.83% | 1.38% | $13 617 488 900 |  |
|
| 10 |  TON |
Toncoin predictions | 76% | 49 | $5.34 | 1.91% | -11.37% | $13 522 991 190 |  |
|
| 11 |  ADA |
Cardano predictions | 78% | 42 | $0.350367 | 3.93% | -14.09% | $12 247 575 562 |  |
|
| 12 |  AVAX |
Avalanche predictions | 64.4% | 68 | $25.59 | 6.27% | -16.70% | $10 400 143 923 |  |
|
| 13 |  STETH |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 14 |  WTRX |
Wrapped TRON predictions | 93.2% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
|
| 15 |  SHIB |
SHIBA INU predictions | 58.8% | 94 | $0.000017 | 9.27% | -19.43% | $10 127 293 790 |  |
