Bitcoin
BTC$26 900.03

-0.72%

Ethereum
ETH$1 667.19

0.60%

Tether
USDT$0.999922

-0.02%

Binance Coin
BNB$215.62

0.18%

XRP
XRP$0.534805

5.33%

USD Coin
USDC$1.000077

-0.02%

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 92% 2 $26 900.03 -0.72% 1.38% $524 536 249 875 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 91.2% 3 $1 667.19 0.60% 4.76% $200 456 859 321 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.2% 1 $0.999922 -0.02% -0.01% $83 270 117 769 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 96% 2 $215.62 0.18% 2.51% $33 172 815 466 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 89.6% 9 $0.534805 5.33% 4.41% $28 511 729 803 XRP 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 91.6% 1 $1.000077 -0.02% 0% $25 132 883 987 USDC 7 days price change
7 Lido stETH (STETH) STETH Lido stETH predictions 93.2% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
8 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 86% 26 $0.088990 3.76% 6.26% $9 048 152 654 WTRX 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 90.4% 6 $0.062031 1.02% 1.05% $8 759 443 620 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 90.4% 7 $0.249169 -0.11% 2.20% $8 752 932 991 ADA 7 days price change
11 Solana (SOL) SOL Solana predictions 86% 18 $20.26 2.83% 4.73% $8 363 109 994 SOL 7 days price change
12 TRON (TRX) TRX TRON predictions 84.4% 22 $0.089512 3.56% 7.38% $7 973 262 569 TRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 61.2% 84 $2.21 -1.95% -4.23% $7 568 826 083 TON 7 days price change
14 Dai (DAI) DAI Dai predictions 95.6% 1 $0.999857 -0.04% 0.06% $5 347 122 665 DAI 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 90.4% 7 $4.08 0.11% 1.80% $5 015 443 173 DOT 7 days price change

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