Bitcoin updates highs at $68000, pulling up the overall crypto market
Bitcoin has added another 3% since Tuesday morning, pushing to all-time highs above $68K. BTCUSD is up more than 10% in three days of ongoing growth, dragging its overall crypto market capitalisation and gaining speculative interest. CoinMarketCap now puts the value of all cryptocurrencies at 2.944 trillion – one step away from the circular value of 3 trillion. On Bitcoin’s daily charts, the RSI has reached 69, approaching overbought territory. However, this rarely stops such momentum. Bears tend to come into play only at the signs of exhaustion of the upside momentum.
The rest of the whole crypto market is growing slightly slower than bitcoin, with its capitalisation rising 2.7% to $1.658 trillion in the past 24 hours. The cryptocurrency Fear and Greed Index rose to 84, moving into “extreme greed” territory, where we last saw it on October 21, the previous wave of bitcoin’s highs update.
This market disposition sets the stage for a continued cryptocurrency rally, with new highs for bitcoin and a record update for the entire cryptocurrency market.
As we noted earlier, the prolonged consolidation over the previous weeks has allowed the bulls to gain strength for the current spurt. The recent upside momentum could potentially extend to above $83K, up 22% from current levels. At the same time, meaningful upside and retracement momentum for the entire crypto market suggests a less significant upside potential to $3.1 trillion, up 5.6% from current levels.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 90.8% | 2 | $27 060.57 | 2.57% | 1.46% | $527 654 007 369 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 90% | 5 | $1 675.53 | 3.68% | 4.95% | $201 459 487 311 |  |
|
| 3 |  USDT |
Tether predictions | 94% | 1 | $1.000845 | 0.16% | 0.08% | $83 346 901 195 |  |
|
| 4 |  BNB |
Binance Coin predictions | 91.6% | 4 | $216.29 | 1.61% | 2.38% | $33 275 819 779 |  |
|
| 5 |  XRP |
XRP predictions | 92.4% | 9 | $0.508986 | 2.05% | -0.02% | $27 135 264 539 |  |
|
| 6 |  USDC |
USD Coin predictions | 92% | 1 | $1.000627 | 0.06% | 0.04% | $25 546 311 582 |  |
|
| 7 |  STETH |
Lido stETH predictions | 93.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 8 |  WTRX |
Wrapped TRON predictions | 82.8% | 24 | $0.088277 | 4.40% | 6.03% | $8 975 631 926 |  |
|
| 9 |  ADA |
Cardano predictions | 94.4% | 6 | $0.252515 | 3.14% | 2.93% | $8 870 464 805 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 91.2% | 4 | $0.061846 | 1.83% | 0.18% | $8 732 826 301 |  |
|
| 11 |  SOL |
Solana predictions | 88.8% | 20 | $20.21 | 5.47% | 2.45% | $8 344 217 667 |  |
|
| 12 |  TRX |
TRON predictions | 82.8% | 22 | $0.088719 | 4.86% | 6.27% | $7 903 170 455 |  |
|
| 13 |  TON |
Toncoin predictions | 62.8% | 84 | $2.23 | 2.50% | -3.09% | $7 667 083 649 |  |
|
| 14 |  DAI |
Dai predictions | 95.6% | 1 | $0.999875 | 0.01% | 0.01% | $5 347 220 318 |  |
|
| 15 |  DOT |
Polkadot predictions | 90.8% | 7 | $4.10 | 1.87% | 1.81% | $5 032 931 540 |  |
