Bitcoin
BTC$67 773.95

0.14%

Ethereum
ETH$3 733.37

-1.97%

Tether
USDT$0.999261

0.03%

Binance Coin
BNB$593.61

-0.81%

Solana
SOL$166.17

-1.19%

USD Coin
USDC$1.000103

0.03%

Cryptocurrencies rebounded as part of a general downward trend


13 Jan 2022

#Bitcoin

The value of the cryptocurrency market rose almost 3% over the past 24 hours to 2.07 trillion. Exceeding the psychologically important circular mark pulled demand for coins outside the top 10. Separately, bitcoin enjoyed demand from the pull into risky assets in traditional financial markets and the weakening dollar. Bitcoin has fallen slightly short of the entire crypto market since the beginning of the week, pushing its share down to 40%. However, it is too early to say that a new rally in crypto has begun. The crypto market remains 30% below its peaks in early November, and capitalisation growth is uneven.

Interestingly, the cryptocurrency fear and greed index lost 1 point to 21 overnight, despite increasing market cap. Yesterday's rise did not gain traction at the start of the day on Thursday. Fixing above $45K against $43.5K now would confirm the strength of the bulls. It is reasonable to talk about a rebound within the descending channel until that time.

If the dollar goes back to growth in the nearest future, it will pressure stock markets. The cryptocurrency market, in these circumstances, risks reversing back to the downside, stopping the rebound and remaining in a prolonged downtrend channel. We should be wary of a smooth decline like this, as it drains optimists. We saw a similar descent in 2018 when the fall became uniformly smooth in the second half of the year, and a wide range of crypto-enthusiasts switched to standby mode until mid-2020.


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Bitcoin’s continued slide down
Bitcoin’s continued slide down
A new round of crypto market mistrust
A new round of crypto market mistrust
Bitcoin holds its range, but pressure mounts
Bitcoin holds its range, but pressure mounts
Bitcoin unlikely to end correction
Bitcoin unlikely to end correction
Bitcoin looks set to take a severe dive
Bitcoin looks set to take a severe dive
Bitcoin set for a deeper correction
Bitcoin set for a deeper correction
Bitcoin falls under pressure
Bitcoin falls under pressure

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 72.4% 49 $67 773.95 0.14% -3.15% $1 335 522 620 628 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 62.4% 83 $3 733.37 -1.97% -4.58% $448 526 377 146 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.4% 1 $0.999261 0.03% -0.02% $111 881 069 574 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 93.2% 6 $593.61 -0.81% -3.08% $87 607 636 713 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 64.4% 76 $166.17 -1.19% -5.34% $76 377 306 299 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 96% 1 $1.000103 0.03% 0.01% $32 203 090 582 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 89.6% 7 $0.520295 -1.56% -1.58% $28 840 196 305 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 73.2% 57 $0.159088 -3.11% -5.60% $22 988 554 140 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 88.4% 20 $0.448496 -2.57% -7.32% $16 010 525 094 ADA 7 days price change
10 Toncoin (TON) TON Toncoin predictions 69.6% 56 $6.47 -0.18% -0.19% $15 595 835 861 TON 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 74.4% 43 $0.000026 -4.03% 2.14% $15 398 653 338 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 70.4% 52 $36.59 -0.85% -8.91% $14 377 799 040 AVAX 7 days price change
13 Chainlink (LINK) LINK Chainlink predictions 59.6% 88 $18.09 -3.16% 8.36% $10 617 969 064 LINK 7 days price change
14 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 72% 50 $67 828.77 -0.03% -3.14% $10 545 100 499 WBTC 7 days price change
15 Lido stETH (STETH) STETH Lido stETH predictions 91.6% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change

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