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 | 72.4% | 54 | $67 992.56 | 1.35% | 2.18% | $1 341 608 846 080 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 77.6% | 47 | $3 268.77 | 0.51% | -6.28% | $392 998 641 636 |  |
|
| 3 |  USDT |
Tether predictions | 93.6% | 1 | $1.000111 | 0.02% | -0.05% | $114 341 903 845 |  |
|
| 4 |  SOL |
Solana predictions | 65.2% | 70 | $187.15 | 5.00% | 10.88% | $86 950 076 572 |  |
|
| 5 |  BNB |
Binance Coin predictions | 79.2% | 42 | $587.18 | 1.64% | -0.31% | $85 685 293 473 |  |
|
| 6 |  USDC |
USD Coin predictions | 91.6% | 1 | $1.000122 | 0.01% | 0.01% | $34 147 378 826 |  |
|
| 7 |  XRP |
XRP predictions | 60.4% | 86 | $0.600376 | -0.28% | 1.62% | $33 597 543 281 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 74% | 55 | $0.134249 | 3.50% | 5.97% | $19 504 454 105 |  |
|
| 9 |  TON |
Toncoin predictions | 84.8% | 29 | $6.72 | -0.41% | -8.16% | $16 914 629 714 |  |
|
| 10 |  ADA |
Cardano predictions | 75.2% | 49 | $0.416969 | 0.87% | -4.75% | $14 970 823 076 |  |
|
| 11 |  TRX |
TRON predictions | 87.2% | 18 | $0.137122 | 0.49% | 1.69% | $11 938 028 529 |  |
|
| 12 |  AVAX |
Avalanche predictions | 79.2% | 38 | $28.57 | 1.38% | 1.50% | $11 278 950 659 |  |
|
| 13 |  STETH |
Lido stETH predictions | 92% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 14 |  WTRX |
Wrapped TRON predictions | 90.8% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
|
| 15 |  SHIB |
SHIBA INU predictions | 80.8% | 30 | $0.000017 | 2.28% | -3.53% | $10 112 019 376 |  |
