Bitcoin
BTC$26 284.93

0.40%

Ethereum
ETH$1 590.77

0.91%

Tether
USDT$0.999945

0%

Binance Coin
BNB$211.48

1.43%

XRP
XRP$0.503892

0.71%

USD Coin
USDC$1.000097

0.01%

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 90.8% 4 $26 284.93 0.40% -1.58% $512 450 303 832 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 89.6% 6 $1 590.77 0.91% -2.61% $191 259 893 789 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.8% 1 $0.999945 0% -0.03% $83 203 336 292 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 90.4% 4 $211.48 1.43% -2.18% $32 535 832 612 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 92.4% 8 $0.503892 0.71% 0.08% $26 829 848 518 XRP 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000097 0.01% 0% $25 662 645 608 USDC 7 days price change
7 Lido stETH (STETH) STETH Lido stETH predictions 94.4% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
8 Cardano (ADA) ADA Cardano predictions 94% 7 $0.246497 0.97% -2.26% $8 657 571 831 ADA 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 94% 6 $0.061028 0.22% -1.62% $8 614 628 399 DOGE 7 days price change
10 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 86% 17 $0.083146 -0.31% 0.29% $8 453 971 571 WTRX 7 days price change
11 Solana (SOL) SOL Solana predictions 87.2% 23 $19.34 -0.18% -2.27% $7 984 181 258 SOL 7 days price change
12 TRON (TRX) TRX TRON predictions 83.2% 20 $0.084559 1.10% 0.67% $7 535 502 870 TRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 62.4% 79 $2.15 -2.42% -11.06% $7 377 709 332 TON 7 days price change
14 Dai (DAI) DAI Dai predictions 91.2% 1 $0.999944 0.04% 0% $5 347 589 340 DAI 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 87.6% 23 $4.09 2.02% -0.27% $5 277 683 110 DOT 7 days price change

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