Bitcoin
BTC$66 888.22

0.75%

Ethereum
ETH$3 102.65

2.73%

Tether
USDT$1.000536

0.02%

Binance Coin
BNB$578.97

0.30%

Solana
SOL$172.38

1.96%

USD Coin
USDC$1.000227

0.02%

Bitcoin price briefly shows $870B on CoinMarketCap


15 Dec 2021

#Bitcoin

A mysterious glitch caused popular coins to show astronomical gains on CoinMarketCap, Coinbase, among others. Crypto traders experienced a moment of joy, followed by confusion, when a glitch caused several data aggregators to briefly display enormous gains for Bitcoin (BTC), Ether (ETH) and other cryptocurrencies. CoinMarketCap and several other price indexes showed Bitcoin’s price closing to $900 billion as ETH showed over $81 billion. The momentary glitch also impacted Cointelegraph’s price indexes.

Displayed numbers didn’t affect the trading prices on exchanges, and the platforms quickly solved the issue. CoinMarketCap explained on Twitter that the data provider is rebooting its servers as part of the remediation plan.

“CoinMarketCap is now back to normal after an issue that affected our price rankings,” a spokesperson told Cointelegraph, adding that the investigation on the root cause of the glitch is still ongoing: “And no, we didn’t show you prices from 2026. We’d hold on that Lambo downpayment.”

Initial speculation was that hackers caused the displayed prices: “Everyone tunes into those disruptions, so to the extent they all use the same data source,” Bosonic founder Rosario Ingargiola explained, continuing, “So when there’s a problem and prices are really off, that can create herd behavior to drive investment decisions.”


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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 86.8% 17 $66 888.22 0.75% 9.70% $1 317 690 999 687 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 84% 20 $3 102.65 2.73% 6.23% $372 696 852 945 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.6% 1 $1.000536 0.02% 0.08% $111 394 938 843 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 89.6% 13 $578.97 0.30% -1.32% $85 448 630 267 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 80.4% 37 $172.38 1.96% 18.44% $77 365 208 695 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000227 0.02% 0.02% $33 435 025 229 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 91.2% 12 $0.523099 0.22% 3.46% $28 921 617 775 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 65.6% 67 $6.43 -4.61% -5.97% $22 349 995 234 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 82.8% 33 $0.154577 0.63% 7.07% $22 311 387 856 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 87.6% 22 $0.481244 0.42% 7.25% $17 168 744 452 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 77.6% 43 $0.000025 0.18% 10.16% $14 665 611 382 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 78% 35 $37.28 0.21% 10.90% $14 260 648 761 AVAX 7 days price change
13 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 78.4% 34 $0.124508 0.04% -1.78% $10 887 902 962 WTRX 7 days price change
14 TRON (TRX) TRX TRON predictions 80% 34 $0.124261 -0.03% -2.25% $10 866 335 382 TRX 7 days price change
15 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 87.6% 17 $66 967.60 1.11% 9.95% $10 413 231 853 WBTC 7 days price change

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