Bitcoin
BTC$58 559.96

2.38%

Ethereum
ETH$3 156.41

2.82%

Tether
USDT$1.000241

-0.03%

Binance Coin
BNB$537.43

2.76%

Solana
SOL$140.11

3.37%

USD Coin
USDC$1.000019

-0.03%

Ethereum is gaining 3.5% overnight to $1330


29 Sep 2022

#Ethereum

Bitcoin is up 3.1% over the past 24 hours, trading around $19,400. After a downward momentum early in the day, the first cryptocurrency received some support thanks to a recovery in risk appetite. Ethereum is gaining 3.5% overnight to $1330, with the top cryptocurrencies ranging from +0.5% (Cardano) to +4.7% (BNB). Overall, total crypto capitalisation rose 2.2% to $937B overnight, according to CoinMarketCap.

CoinShares said UK investors are buying Bitcoin amid the Pound's collapse this week, as we see with rising BTC/GBP trading volumes.

The momentum in the first and second half of the day has balanced each other out. As a result, Bitcoin has been moving sideways for the last ten days - without a clear trend and in a narrow range. This "dangling at the bottom" indicates Bitcoin accumulates in the area just below 20K. For now, the long-term pattern remains that the first cryptocurrency is attracting buyers on the decline from the previous cyclical peak.

Bitcoin is up 3.1% over the past 24 hours, trading around $19,400.

News background

In an online discussion organised by the Bank of France, the heads of the world's leading central banks called for increased regulation of the decentralised finance (DeFi) sector justified against the backdrop of its development. Australia's central bank has announced the launch of a Digital Central Bank Currency (CBDC) by mid-2023. Fed chairman Jerome Powell said the Fed has not yet decided on the digital dollar (CBDC) promotion.

Bitcoin's 10-day flat

Cardano founder Charles Hoskinson said he would never support a government-owned digital currency that violates the privacy of its owner. The IMF said that the Proof-of-Stake (PoS) consensus algorithm could lead to excessive concentration of control at cryptocurrencies and custodial service providers with risks to the integrity of markets.

 


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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 73.2% 50 $58 559.96 2.38% 3.21% $1 154 812 960 642 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 77.2% 47 $3 156.41 2.82% 4.94% $379 442 663 912 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.4% 1 $1.000241 -0.03% 0.02% $112 444 486 409 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 76.4% 47 $537.43 2.76% 4.65% $79 314 835 366 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 80% 29 $140.11 3.37% 0.90% $65 005 204 945 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 95.6% 1 $1.000019 -0.03% 0% $33 921 359 438 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 80.4% 29 $0.511133 8.39% 17.32% $28 523 946 602 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 82.4% 25 $7.35 1.77% -2.59% $18 430 033 618 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 74.8% 52 $0.109656 3.69% 0.23% $15 910 785 300 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 82.4% 33 $0.420572 5.61% 17.72% $15 090 547 161 ADA 7 days price change
11 TRON (TRX) TRX TRON predictions 77.6% 41 $0.139302 1.97% 7.58% $12 137 253 382 TRX 7 days price change
12 Lido stETH (STETH) STETH Lido stETH predictions 94% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
13 Avalanche (AVAX) AVAX Avalanche predictions 72.8% 55 $25.81 3.07% 0.18% $10 180 113 573 AVAX 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 96% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change
15 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 94.4% 1 $65 806.83 0.78% -2.68% $10 083 957 608 WBTC 7 days price change

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