Bitcoin
BTC$70 736.91

2.78%

Ethereum
ETH$3 562.64

1.50%

Tether
USDT$1.000352

0.08%

Binance Coin
BNB$581.39

2.02%

Solana
SOL$187.83

1.55%

XRP
XRP$0.628371

2.46%

Bitcoin Claws Back to $36.4K While 25% of Ether Options Will Expire in March


14 Jan 2021

#Bitcoin

Bitcoin is making gains, though much of the day saw the cryptocurrency in a holding pattern. Meanwhile, a quarter of ether options are expiring in March, meaning traders are making some bets on the first fiscal quarter of 2021. Bitcoin (BTC) trading around $36,286 as of 21:00 UTC (4 p.m. ET). Gaining 5.5% over the previous 24 hours. Bitcoin’s 24-hour range: $32,463-$36,552 (CoinDesk 20). BTC above the 10-hour and 50-hour moving averages on the hourly chart, a bullish signal for market technicians.

Bitcoin was able to recover from a drop in price Wednesday. After going as low as $32,463 around 01:00 UTC (8 p.m. ET Tuesday), it was able to stay in a $34,500-$35,000 range before breaking out to $36,464 before settling at $36,286 as of press time. Despite the past few hours of price gains, analysts refer to a day of little price action as a “sideways” or “flat” market. It’s not clear after so much excitement for the world’s oldest cryptocurrency in the first few days of 2021 what might happen next for the price, according to Misha Alefirenko, founder of crypto market maker VelvetFormula.

Bitcoin spot volumes were clearly taking a breather after Monday’s record-high daily zenith of $13.5 billion for the eight exchanges tracked by the CoinDesk 20. For Wednesday, the tally was at $4 billion as of press time, closer to the past month’s $3.8 billion daily spot average.

Source


Related

NordFX Copy Trading: A Comprehensive Guide to Maximizing Profits
NordFX Copy Trading: A Comprehensive Guide to Maximizing Profits
Tips to Choose the Right Second Citizenship Program
Tips to Choose the Right Second Citizenship Program
Bitcoin’s continued slide down
Bitcoin’s continued slide down
A new round of crypto market mistrust
A new round of crypto market mistrust
Bitcoin holds its range, but pressure mounts
Bitcoin holds its range, but pressure mounts
Bitcoin unlikely to end correction
Bitcoin unlikely to end correction
Bitcoin looks set to take a severe dive
Bitcoin looks set to take a severe dive
Bitcoin set for a deeper correction
Bitcoin set for a deeper correction
Bitcoin falls under pressure
Bitcoin falls under pressure

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 77.6% 44 $70 736.91 2.78% 8.31% $1 391 178 414 200 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 75.6% 48 $3 562.64 1.50% 2.46% $427 772 969 398 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.2% 1 $1.000352 0.08% 0.04% $104 490 946 646 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 62% 80 $581.39 2.02% 4.85% $86 939 551 284 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 56% 89 $187.83 1.55% 4.77% $83 450 036 018 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 80% 32 $0.628371 2.46% -1.77% $34 487 663 799 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 90.4% 2 $1.000008 -0.02% -0.02% $32 295 051 608 USDC 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 67.6% 68 $0.223194 20.12% 46.03% $32 063 455 196 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 68.4% 67 $0.650387 0.01% 2.61% $23 142 053 918 ADA 7 days price change
10 Avalanche (AVAX) AVAX Avalanche predictions 56.4% 88 $54.77 1.11% 1.30% $20 670 511 693 AVAX 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 56.4% 94 $0.000032 6.29% 18.17% $18 866 682 481 SHIB 7 days price change
12 Toncoin (TON) TON Toncoin predictions 58.8% 88 $4.88 -2.51% 19.56% $16 927 337 697 TON 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 72% 52 $9.53 0.98% 2.89% $13 600 267 897 DOT 7 days price change
14 Bitcoin Cash (BCH) BCH Bitcoin Cash predictions 69.6% 60 $576.75 6.65% 38.66% $11 351 495 383 BCH 7 days price change
15 Chainlink (LINK) LINK Chainlink predictions 74.4% 42 $19.16 -0.94% 2.77% $11 250 792 534 LINK 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2024 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.