Bitcoin
BTC$22 729.54

-4.30%

Ethereum
ETH$1 560.97

-4.92%

Tether
USDT$1.000083

0%

Binance Coin
BNB$305.42

-3.96%

USD Coin
USDC$0.999972

0%

XRP
XRP$0.392690

-4.91%

Bitcoin updates highs at $68000, pulling up the overall crypto market


10 Nov 2021

#Bitcoin

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.

BTC/USD Daily Chart

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.


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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 61.2% 78 $22 729.54 -4.30% -0.91% $438 166 694 164 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 62.4% 80 $1 560.97 -4.92% -4.16% $191 022 338 021 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.2% 1 $1.000083 0% -0.01% $67 781 650 084 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 68.8% 59 $305.42 -3.96% -0.18% $48 226 570 306 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 94% 1 $0.999972 0% -0.01% $42 707 214 114 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 66.8% 65 $0.392690 -4.91% -7.98% $19 950 057 993 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 91.6% 1 $0.999844 -0.04% -0.03% $15 729 733 089 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 67.6% 70 $0.370821 -6.20% -1.49% $12 828 075 578 ADA 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 67.6% 61 $0.086818 -3.52% -1.88% $11 518 194 850 DOGE 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 91.6% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 65.2% 71 $1.074457 -8.22% 7.81% $9 384 646 732 MATIC 7 days price change
12 Solana (SOL) SOL Solana predictions 59.6% 91 $23.73 -9.58% -2.65% $8 821 093 670 SOL 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 64.8% 78 $6.17 -6.72% -7.56% $7 107 936 803 DOT 7 days price change
14 Litecoin (LTC) LTC Litecoin predictions 71.2% 54 $90.43 -5.91% 0.15% $6 526 737 028 LTC 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 68% 69 $0.062057 -2.67% -0.98% $6 309 701 687 WTRX 7 days price change

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