Bitcoin
BTC$16 549.96

0.25%

Ethereum
ETH$1 215.60

0.35%

Tether
USDT$0.999560

0%

Binance Coin
BNB$312.88

-0.23%

USD Coin
USDC$1.000136

0.01%

Binance USD
BUSD$0.999958

-0.03%

Bitcoin market cap back below $1 trillion as correction deepens


25 Mar 2021

#Bitcoin

Oil prices fell more than 1% as fresh coronavirus lockdowns revived worries about demand for oil products, even as tug boats struggled to move a stranded container ship blocking crude oil carriers in the Suez Canal. Brent crude futures slid 87 cents, or 1.4%, to $63.54 a barrel at 0405 GMT, after jumping 6% overnight.

U.S. West Texas Intermediate (WTI) crude futures dropped by $1.02, or 1.7%, to $60.16 a barrel, after climbing 5.9% overnight. Prices, which tumbled earlier in the week on worries about tighter pandemic curbs in Europe and vaccine delays stalling fuel demand growth, sharply reversed on Wednesday on news of the grounding in the Suez Canal, potentially blocking 10 tankers carrying 13 million barrels of oil.

Dozens of ships were in the five waiting zones for passage through the nearly 200 km (120 mile) canal, with more approaching the area. “The longer this disruption lasts the more likely we see refiners (and) buyers having to turn to the spot market to ensure supply from elsewhere,” ING Economics said, adding that shipping companies faced a decision on whether to travel via the Cape of Good Hope in South Africa, causing delays.

The market was also helped on Wednesday by data showing U.S. gasoline demand improved and refinery run rates were picking up. However, analysts said such supportive factors were likely to be overshadowed by growing concerns about global demand.


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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 $16 549.96 0.25% -0.17% $318 061 829 359 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 62% 86 $1 215.60 0.35% 3.48% $148 757 543 739 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.2% 1 $0.999560 0% 0.05% $65 333 917 446 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 65.2% 66 $312.88 -0.23% 15.71% $50 052 643 653 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 95.6% 1 $1.000136 0.01% 0% $44 196 929 294 USDC 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 95.2% 1 $0.999958 -0.03% 0% $22 400 595 674 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 64.8% 80 $0.403442 0.52% 8.40% $20 292 627 901 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 56.8% 93 $0.104054 14.25% 27.47% $13 804 916 865 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 60% 82 $0.318011 0.36% -0.34% $10 950 379 673 ADA 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 94% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 70% 65 $0.860507 0.98% 2.90% $7 515 942 591 MATIC 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 67.6% 71 $5.40 0.47% -0.74% $6 156 363 977 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 90.8% 1 $0.999877 0% -0.06% $5 725 604 712 DAI 7 days price change
14 Litecoin (LTC) LTC Litecoin predictions 70.4% 64 $76.38 0.29% 23.18% $5 476 747 462 LTC 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 60% 82 $0.053686 1.57% 5.35% $5 458 605 688 WTRX 7 days price change

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