Bitcoin
BTC$26 880.37

-0.11%

Ethereum
ETH$1 862.41

0.18%

Tether
USDT$1.000168

-0.02%

Binance Coin
BNB$304.82

-0.27%

USD Coin
USDC$1.000069

0%

XRP
XRP$0.504767

-0.22%

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 91.2% 10 $26 880.37 -0.11% 2.52% $521 207 950 673 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 90% 5 $1 862.41 0.18% 4.02% $223 946 300 992 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94% 1 $1.000168 -0.02% 0.03% $83 236 325 280 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 96% 1 $304.82 -0.27% 0.25% $47 508 351 019 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000069 0% 0.02% $28 856 163 592 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 79.6% 37 $0.504767 -0.22% 12.47% $26 239 506 800 XRP 7 days price change
7 Cardano (ADA) ADA Cardano predictions 92.4% 10 $0.364637 -2.18% 2.22% $12 719 876 147 ADA 7 days price change
8 Lido stETH (STETH) STETH Lido stETH predictions 95.2% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 86% 17 $0.071674 0.64% 2.29% $10 004 786 652 DOGE 7 days price change
10 Polygon (MATIC) MATIC Polygon predictions 82.4% 35 $0.892550 0.70% 1.16% $8 282 393 470 MATIC 7 days price change
11 Solana (SOL) SOL Solana predictions 82.4% 29 $20.68 0.89% 7.46% $8 201 498 865 SOL 7 days price change
12 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 81.6% 37 $0.075037 -0.51% -3.01% $7 629 482 435 WTRX 7 days price change
13 Litecoin (LTC) LTC Litecoin predictions 77.6% 37 $94.96 6.81% 12.21% $6 936 825 862 LTC 7 days price change
14 TRON (TRX) TRX TRON predictions 82.8% 33 $0.075005 -0.50% -3.12% $6 766 858 517 TRX 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 90.8% 10 $5.23 -1.01% -0.14% $6 224 782 114 DOT 7 days price change

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