Bitcoin
BTC$63 731.32

-1.41%

Ethereum
ETH$3 048.04

-2.05%

Tether
USDT$1.000527

0.01%

Binance Coin
BNB$558.98

-0.11%

Solana
SOL$142.40

-1.33%

USD Coin
USDC$1.000198

0.01%

BTC continues consolidating at $20225


06 Jul 2022

#Bitcoin

The major cryptocurrency fixed above $20,000. Frankly speaking, there were serious doubts about it. Technically, the target of this local recovery might have been $21,500-$21,700; however, a few rising impulses weren’t enough to make a lot of investors open long positions. No matter what, bears are still dominating the sector. It means that they might return to the market at any moment and resume pushing the price down to $17,500.

To break the current local downtrend and get back to growing, the BTC must recover up to $23,000-$23,500. The Bitcoin Fear & Greed Index is currently 19 points – it’s an Extreme Fear. The data is based on the similar Fear & Greed Index from CNNMoney and takes into account 6 parameters. Extreme Fear might be a signal that the market is really concerned.

ETH: still consolidating

The key altcoin, the ETH, is still consolidating between $994 and $1,280. The current technical signals do not imply a breakout of any of the above-mentioned borders. This month, STEPN has to delete accounts of Chinese users in accordance with the local legislation. From 19 to 21 July, Ethereum will hold an annual; conference ETHCC in Paris. Cardano is preparing the Vasil hard fork, which is already working in the test network.

The BTC miners’ incomes passed the ETH for the first time this year. In June, they earned $656.5 million, while the ETH miners – just $548.5 million. At the same time, the global profit from the mining of major cryptos continues declining – the digital asset prices are dropping.


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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 81.6% 27 $63 731.32 -1.41% -5.15% $1 254 718 965 668 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 74.4% 45 $3 048.04 -2.05% -6.28% $365 984 339 181 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 96% 1 $1.000527 0.01% 0.04% $109 527 253 340 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 88.4% 18 $558.98 -0.11% -6.15% $83 585 746 502 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 75.2% 51 $142.40 -1.33% -5.02% $63 625 804 667 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 94% 2 $1.000198 0.01% 0.03% $33 909 730 390 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 69.6% 58 $0.515110 2.69% -4.81% $28 397 582 786 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 68.8% 59 $0.152823 0.19% -10.17% $22 000 479 669 DOGE 7 days price change
9 Toncoin (TON) TON Toncoin predictions 65.6% 64 $6.30 -10.61% -5.87% $21 855 614 662 TON 7 days price change
10 Cardano (ADA) ADA Cardano predictions 67.2% 60 $0.490471 6.05% -2.74% $17 472 860 958 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 62.8% 85 $0.000023 0.64% -5.01% $13 501 804 322 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 67.2% 60 $35.69 0.71% -5.73% $13 488 699 302 AVAX 7 days price change
13 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
14 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 82.8% 31 $63 865.14 -1.06% -5.00% $9 923 604 206 WBTC 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 71.2% 57 $6.79 -0.01% -5.17% $9 753 046 496 DOT 7 days price change

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