Bitcoin
BTC$27 039.83

2.05%

Ethereum
ETH$1 673.68

2.76%

Tether
USDT$0.999935

0.08%

Binance Coin
BNB$216.15

1.27%

XRP
XRP$0.510677

1.70%

USD Coin
USDC$1.000031

-0.01%

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 95.6% 2 $27 039.83 2.05% 1.68% $527 252 460 832 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 93.6% 5 $1 673.68 2.76% 5.04% $201 236 607 315 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 96% 1 $0.999935 0.08% 0.01% $83 271 159 494 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 94.4% 4 $216.15 1.27% 2.52% $33 253 779 336 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 92% 9 $0.510677 1.70% 0.44% $27 225 409 135 XRP 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000031 -0.01% 0.01% $25 532 133 625 USDC 7 days price change
7 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
8 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 85.2% 24 $0.088292 4.10% 5.99% $8 977 186 451 WTRX 7 days price change
9 Cardano (ADA) ADA Cardano predictions 91.6% 6 $0.251514 1.88% 2.61% $8 835 312 768 ADA 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 90% 4 $0.061731 1.06% 0.25% $8 716 622 382 DOGE 7 days price change
11 Solana (SOL) SOL Solana predictions 84.8% 20 $20.15 4.81% 2.65% $8 320 025 559 SOL 7 days price change
12 TRON (TRX) TRX TRON predictions 84% 22 $0.088863 4.54% 6.44% $7 915 896 490 TRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 60.4% 84 $2.23 1.65% -2.84% $7 660 748 928 TON 7 days price change
14 Dai (DAI) DAI Dai predictions 95.2% 1 $0.999533 -0.04% 0.01% $5 345 391 790 DAI 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 90% 7 $4.09 1.18% 1.62% $5 023 915 784 DOT 7 days price change

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