Bitcoin
BTC$59 647.06

-2.24%

Ethereum
ETH$2 365.97

-2.15%

Tether
USDT$0.998881

-0.02%

Binance Coin
BNB$559.35

-2.18%

Solana
SOL$137.84

-2.08%

USD Coin
USDC$1.000127

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 85.6% 26 $59 647.06 -2.24% -2.15% $1 178 972 656 705 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 76.8% 39 $2 365.97 -2.15% 0.62% $284 816 555 668 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.4% 1 $0.998881 -0.02% -0.10% $119 722 078 841 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 79.6% 29 $559.35 -2.18% 2.55% $81 626 883 637 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 74.4% 43 $137.84 -2.08% 0.50% $64 699 318 665 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 95.2% 1 $1.000127 0.02% 0.01% $34 691 810 624 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 74% 43 $0.527057 -0.48% 0.08% $29 855 152 569 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 84.4% 29 $0.104429 -4.08% -0.29% $15 279 210 751 DOGE 7 days price change
9 TRON (TRX) TRX TRON predictions 92.8% 2 $0.158715 -1.13% 1.41% $13 738 389 208 TRX 7 days price change
10 Toncoin (TON) TON Toncoin predictions 80.4% 29 $5.07 -1.25% -4.65% $12 850 842 182 TON 7 days price change
11 Cardano (ADA) ADA Cardano predictions 80.8% 37 $0.335821 -1.02% -1.80% $11 740 655 962 ADA 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 73.6% 53 $25.48 -2.28% 3.02% $10 359 781 970 AVAX 7 days price change
13 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
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 94.8% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change
15 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 93.6% 1 $65 806.83 0.78% -2.68% $10 083 957 608 WBTC 7 days price change

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