Bitcoin price inches closer to $30,000 with new all-time highs
A swift return to form for Bitcoin sparks 8% daily gains and gives no hint of a deeper reversal under $30,000. Bitcoin (BTC) returned to hitting records on Dec. 30 after a fresh rebound took it above its $28,400 all-time high.
BTC price nails fresh all-time high
Data from Cointelegraph Markets and TradingView showed BTC/USD tackle its existing historic top during trading on Wednesday. In a strong resurgence overnight, Bitcoin confirmed that it had no time for bears after briefly dipping as low as $25,830 over the past 24 hours.
Daily gains were at 7.5% at press time as $28,560 became reality. The move brings Bitcoin ever closer to sealing $30,000 as a new psychological level before the end of the year, something which seemed all but impossible just one week ago.
As Cointelegraph reported, however, analysts still believe that a reversal could take the largest cryptocurrency down to existing support at $19,500. On Tuesday, Cointelegraph Markets analyst Michaël van de Poppe noentheless highlighted $27,500 as the critical area to break in order to pave the ways for new all-time highs.
Ether price leads altcoin gains
The knock-on impact among major cap altcoins was clearly felt, with Ether (ETH) nearing $740 after rising 5.5% on the day. Polkadot (DOT) added to existing strength to see weekly performance approach 50%.
As before, the exception was XRP, which maintained 10% daily losses as continued delistings by major exchanges further weighed on sentiment. The troubled coin nonetheless managed to reclaim $0.20.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 83.6% | 29 | $62 855.33 | -1.13% | 5.15% | $1 241 813 055 839 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 74.8% | 43 | $2 540.63 | 2.60% | 4.97% | $305 754 617 003 |  |
|
| 3 |  USDT |
Tether predictions | 94% | 1 | $0.999955 | -0.04% | -0.04% | $119 067 454 596 |  |
|
| 4 |  BNB |
Binance Coin predictions | 76.8% | 37 | $566.73 | -0.35% | 2.18% | $82 705 422 619 |  |
|
| 5 |  SOL |
Solana predictions | 76.8% | 39 | $146.04 | 1.82% | 5.96% | $68 416 505 357 |  |
|
| 6 |  USDC |
USD Coin predictions | 96% | 1 | $0.999943 | -0.02% | -0.02% | $35 623 915 852 |  |
|
| 7 |  XRP |
XRP predictions | 82% | 36 | $0.581825 | -1.77% | 2.30% | $32 834 987 204 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 80.8% | 30 | $0.104564 | -1.80% | -2.33% | $15 270 327 361 |  |
|
| 9 |  TON |
Toncoin predictions | 76.8% | 45 | $5.60 | -2.42% | -3.69% | $14 184 836 125 |  |
|
| 10 |  TRX |
TRON predictions | 88.4% | 8 | $0.151784 | 0.45% | 1.85% | $13 155 110 941 |  |
|
| 11 |  ADA |
Cardano predictions | 77.2% | 41 | $0.352181 | -0.73% | -2.44% | $12 664 655 927 |  |
|
| 12 |  AVAX |
Avalanche predictions | 73.6% | 45 | $27.17 | 2.74% | 10.08% | $11 028 455 815 |  |
|
| 13 |  STETH |
Lido stETH predictions | 94% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 14 |  WTRX |
Wrapped TRON predictions | 94.8% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
|
| 15 |  WBTC |
Wrapped Bitcoin predictions | 91.6% | 1 | $65 806.83 | 0.78% | -2.68% | $10 083 957 608 |  |
