Bitcoin
BTC$62 706.80

-1.21%

Ethereum
ETH$2 439.89

-1.94%

Tether
USDT$0.999766

-0.01%

Binance Coin
BNB$569.43

-0.69%

Solana
SOL$144.16

-3.76%

USD Coin
USDC$0.999956

-0.01%

Bitcoin's rise following markets; altcoins' progress


20 Apr 2022

#Bitcoin

Bitcoin rose 1.4% on Tuesday, ending the day around $41,300 and remaining near that mark on Wednesday morning. Ethereum added 1.3% to $3080 in the last 24 hours, XRP corrected 0.9% to 0.766, and other top ten altcoins gained 0.7% (BNB) to 4.9% (Terra). Total crypto market capitalisation, according to CoinMarketCap, rose 1.3% overnight to $1.92 trillion.

Bitcoin's rise following markets; altcoins' progress

Bitcoin's dominance index was little changed, remaining at 41.0%. By Wednesday, the Cryptocurrency Fear and Greed Index remained at 27 points (fear). Bitcoin on Tuesday tested 8-day highs above $41,700 on the back of rising US stock indices, which strengthened for a second straight day.

Correlation between BTC and the Nasdaq Composite Index has been highest since July 2020. Terra (LUNA) gained 5.5 per cent as Terra USD (UST) moved up to third place in terms of capitalisation among stablecoins.

Chamath Palihapitiya, CEO of Social Capital and Virgin Galactic, said Solana (SOL) could capture market share in traditional financial services by challenging Visa and Mastercard. SOL is up 4.6%. The creators of the largest anonymous cryptocurrency, Monero, have confirmed that a 15th network hardfork is set for July 16.

Jack Mallers, CEO of payment service Strike, said that bitcoin as a payment method is superior to all other systems. Nevertheless, it is better not to spend BTC but invest in it long-term. The US Secret Service's Office of Investigations (USSS) has disclosed that since 2015 the service has seized more than $102 million in digital assets from criminals.

The Financial Action Task Force (FATF) believes that nearly half of the world's countries are not complying with anti-money laundering and counter-terrorist financing (AML) regulations. FATF has pledged to monitor member countries, including the US, China and the European Union.


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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 80.8% 33 $62 706.80 -1.21% -1.68% $1 239 378 185 376 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 74.8% 43 $2 439.89 -1.94% -7.71% $293 713 346 867 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.4% 1 $0.999766 -0.01% 0.03% $119 829 220 483 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 82.4% 35 $569.43 -0.69% -1.87% $83 097 793 270 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 76.8% 45 $144.16 -3.76% -7.43% $67 648 593 118 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 90.8% 1 $0.999956 -0.01% 0% $35 323 955 374 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 79.2% 43 $0.533715 -1.52% -13.93% $30 189 072 303 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 83.2% 32 $0.109363 -3.76% -7.59% $15 997 205 997 DOGE 7 days price change
9 TRON (TRX) TRX TRON predictions 93.2% 1 $0.156212 1.47% -0.16% $13 524 348 756 TRX 7 days price change
10 Toncoin (TON) TON Toncoin predictions 79.2% 30 $5.24 -1.66% -9.83% $13 296 717 987 TON 7 days price change
11 Cardano (ADA) ADA Cardano predictions 76.4% 38 $0.354840 -2.61% -7.20% $12 405 595 268 ADA 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 68.4% 60 $26.90 -1.26% -5.57% $10 935 151 377 AVAX 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 58% 94 $0.000018 -4.99% -4.57% $10 317 981 112 SHIB 7 days price change
14 Lido stETH (STETH) STETH Lido stETH predictions 94.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 92.4% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change

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