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 | 76.4% | 50 | $49 128.70 | -7.55% | -10.26% | $928 110 420 973 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 81.2% | 36 | $4 120.96 | -1.29% | 0.92% | $488 780 881 496 |  |
|
| 3 |  BNB |
Binance Coin predictions | 80.8% | 32 | $562.73 | -3.52% | -6.79% | $93 864 649 605 |  |
|
| 4 |  USDT |
Tether predictions | 92% | 1 | $1.001430 | 0.08% | 0.06% | $74 263 665 994 |  |
|
| 5 |  SOL |
Solana predictions | 70% | 62 | $198.10 | -2.74% | 3.42% | $60 546 003 381 |  |
|
| 6 |  ADA |
Cardano predictions | 64% | 72 | $1.39 | -8.63% | -9.93% | $46 287 449 057 |  |
|
| 7 |  USDC |
USD Coin predictions | 90.4% | 2 | $1.000097 | -0.05% | 0% | $40 029 698 519 |  |
|
| 8 |  XRP |
XRP predictions | 70% | 66 | $0.836385 | -7.82% | -11.54% | $39 516 931 096 |  |
|
| 9 |  LUNA |
Terra predictions | 69.6% | 62 | $74.36 | 25.00% | 66.02% | $28 825 591 225 |  |
|
| 10 |  DOT |
Polkadot predictions | 62.8% | 76 | $28.96 | -12.18% | -17.48% | $28 604 270 701 |  |
|
| 11 |  DOGE |
Dogecoin predictions | 66% | 73 | $0.176449 | -10.40% | -13.54% | $23 359 356 254 |  |
|
| 12 |  AVAX |
Avalanche predictions | 64.4% | 75 | $90.68 | -11.80% | -18.97% | $22 009 485 134 |  |
|
| 13 |  SHIB |
SHIBA INU predictions | 62.4% | 76 | $0.000036 | -8.88% | -7.14% | $19 722 014 052 |  |
|
| 14 |  CRO |
Crypto.com Chain predictions | 57.6% | 86 | $0.600991 | -3.69% | -20.69% | $15 182 834 806 |  |
|
| 15 |  MATIC |
Polygon predictions | 67.6% | 62 | $1.97 | -8.29% | 22.24% | $13 803 349 402 |  |
