Bitcoin
BTC$17 056.16

0.07%

Ethereum
ETH$1 266.01

0.07%

Tether
USDT$1.000056

0%

Binance Coin
BNB$289.61

-0.09%

USD Coin
USDC$0.999940

0%

Binance USD
BUSD$0.999840

-0.08%

Bit-comment: what does not grow – falls


01 Jul 2021

#Bitcoin

Over the past 24 hours, Bitcoin has shown a decline of almost 3% and is trading for $ 34,000. Thus, the benchmark cryptocurrency continues to be in a sideways price trend. Since the phrase “what does not grow – falls” is relevant for the crypto market, the longer the coin experiences difficulties in determining the direction of movement, the higher the likelihood of continuing the fall.

The Greed and Fear Index for Bitcoin and the largest cryptocurrencies is at around 28, which corresponds to the “fear “Until recently, this indicator was in” extreme fear “mode, and has now been able to switch” to the next gear “thanks to the recent bounce in the price. As the end of the week approaches, the sideways trend will be increasingly perceived by the reluctance of large investors to accept any solutions, waiting for the situation in the traditional market to unfold.

The retail sector is also likely to switch to standby mode, which will be seen in a sideways trend over the weekend. Market participants understand that it is impossible to print and borrow money forever, so sooner or later the reboot phase will begin. and this time it can be quite painful. this process can be a blow for cryptocurrencies, however, given the fact that there are not many technological assets with limited emission left in the global economy, Bitcoin will receive its support. In addition, an active global trade war will lead to the fact that the states themselves will need an asset that does not obey borders and regulation.


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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 88.8% 17 $17 056.16 0.07% 1.02% $327 926 342 780 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 82.8% 28 $1 266.01 0.07% -0.48% $154 926 130 761 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94% 1 $1.000056 0% 0.04% $65 688 871 034 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 79.2% 44 $289.61 -0.09% -4.40% $46 329 397 846 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 92.8% 1 $0.999940 0% -0.03% $43 027 424 874 USDC 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 93.6% 1 $0.999840 -0.08% -0.08% $22 096 550 218 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 79.6% 29 $0.390151 0.72% -4.37% $19 609 162 360 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 62% 73 $0.100195 -2.10% -6.70% $13 292 999 012 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 84% 31 $0.317932 -0.70% 0.55% $10 955 712 261 ADA 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 96% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 74% 51 $0.914223 -0.51% 5.69% $7 985 110 335 MATIC 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 81.6% 37 $5.49 -0.29% 0.61% $6 279 301 547 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 92% 1 $0.999616 0.01% -0.11% $5 876 435 517 DAI 7 days price change
14 Litecoin (LTC) LTC Litecoin predictions 56.8% 87 $79.73 -1.37% 0.52% $5 722 443 949 LTC 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 82% 30 $0.053484 0.50% -0.80% $5 438 067 310 WTRX 7 days price change

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