Bitcoin
BTC$16 204.64

-2.14%

Ethereum
ETH$1 173.16

-3.68%

Tether
USDT$0.999647

0.01%

Binance Coin
BNB$294.91

-5.89%

USD Coin
USDC$1.000120

0%

Binance USD
BUSD$1.000244

-0.05%

Bitcoin is on the zero. What's next?


29 Jun 2021

#Bitcoin

Bitcoin has been showing zero price momentum over the past 24 hours, trading around $ 34,600. The crypto market as a whole is in a state where a reversal in either direction is possible. There is no doubt that market participants will react to what is happening on the stock market. The Fed is trying with all its might to prevent panic, so the indices continue to rise. Nevertheless, everyone understands that the market is heavily overbought, and the main question that everyone is asking themselves now is: what exactly can trigger a wide sale in the traditional market, which will drag the crypto market down with it.

The Greed and Fear Index for Bitcoin and the largest cryptocurrencies is at around 25, which corresponds to the “extreme fear” mode, quite straightforwardly reflecting the market situation. Despite the rapid buyback of the coin around $ 30K, risks remain that large investors will start taking profits along with the traditional market. In addition, the crypto community is closely watching the migration of miners from China.

In this context, we can rather talk about the advantages for the market, since even if the cost of Bitcoin mining rises, this can have a positive effect on the coin rate. It is believed that the growth of any physical indicator, including the hash rate or the cost of the coin, can positively affect the price dynamics of the cryptocurrency.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 56.8% 88 $16 204.64 -2.14% 0.42% $311 432 382 083 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 60% 85 $1 173.16 -3.68% 3.84% $143 563 762 696 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.4% 1 $0.999647 0.01% 0.09% $65 339 620 742 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 68% 66 $294.91 -5.89% 12.96% $47 177 552 111 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 95.6% 1 $1.000120 0% 0% $44 306 171 640 USDC 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 94.8% 1 $1.000244 -0.05% -0.12% $22 407 001 633 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 66% 75 $0.383128 -4.39% 7.55% $19 270 850 639 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 59.6% 90 $0.094582 -2.17% 23.40% $12 548 267 698 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 61.2% 81 $0.305387 -3.59% -0.43% $10 515 677 795 ADA 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 92% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 68.4% 68 $0.820379 -4.13% 1.77% $7 165 449 645 MATIC 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 66% 72 $5.15 -4.45% -2.03% $5 867 952 400 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 94.8% 1 $1.000150 0.03% 0.05% $5 658 820 698 DAI 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 60.8% 79 $0.052628 -1.01% 4.79% $5 351 021 559 WTRX 7 days price change
15 Litecoin (LTC) LTC Litecoin predictions 66% 70 $71.68 -6.38% 18.26% $5 139 815 623 LTC 7 days price change

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