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.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 76.8% | 50 | $60 224.78 | -2.54% | -5.52% | $1 190 177 413 876 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 78.8% | 42 | $2 334.33 | -5.90% | -10.91% | $280 986 445 829 | ||
3 | USDT | Tether predictions | 95.6% | 1 | $0.999953 | 0.01% | 0.01% | $119 634 909 076 | ||
4 | BNB | Binance Coin predictions | 71.2% | 52 | $540.09 | -2.83% | -9.29% | $78 817 133 871 | ||
5 | SOL | Solana predictions | 70% | 55 | $136.17 | -8.03% | -9.86% | $63 794 058 813 | ||
6 | USDC | USD Coin predictions | 96% | 1 | $1.000020 | 0.01% | 0% | $35 577 479 728 | ||
7 | XRP | XRP predictions | 84% | 31 | $0.513340 | -14.67% | -12.47% | $29 036 605 729 | ||
8 | DOGE | Dogecoin predictions | 75.6% | 41 | $0.102185 | -5.87% | -10.32% | $14 940 513 705 | ||
9 | TRX | TRON predictions | 92.4% | 1 | $0.154162 | -0.18% | 1.58% | $13 349 947 820 | ||
10 | TON | Toncoin predictions | 77.2% | 49 | $5.19 | -5.59% | -10.75% | $13 130 703 868 | ||
11 | ADA | Cardano predictions | 78% | 45 | $0.334471 | -6.75% | -15.58% | $11 691 908 007 | ||
12 | STETH | Lido stETH predictions | 90.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
13 | WTRX | Wrapped TRON predictions | 93.6% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 | ||
14 | WBTC | Wrapped Bitcoin predictions | 94% | 1 | $65 806.83 | 0.78% | -2.68% | $10 083 957 608 | ||
15 | AVAX | Avalanche predictions | 64.8% | 73 | $24.48 | -7.97% | -12.02% | $9 950 331 279 |
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