Bitcoin
BTC$69 135.35

0.39%

Ethereum
ETH$3 749.24

0.60%

Tether
USDT$0.999886

0.01%

Binance Coin
BNB$602.25

0.35%

Solana
SOL$168.45

0.39%

USD Coin
USDC$0.999984

-0.01%

Cryptocurrencies rise after equities


07 Jul 2022

#Bitcoin

Bitcoin is up around 1% in 24 hours to $20,400. Ethereum added 3.2%, while other top 10 altcoins gained between 0.7% (Dogecoin) and 2.8% (XRP). Buyers have braced themselves on the back of positive stock indexes despite the strengthening Dollar. Total cryptocurrency market capitalisation, according to CoinMarketCap, rose 1% overnight to $916 billion. The ‘crypto fear and greed’ index has unchanged by Thursday, remaining at 18 points (“extreme fear”).

Bitcoin rebounded from an early-day decline in the US session on Wednesday on the back of strengthening US stock indices. Popular Twitter blogger Bluntz believes that the current technical picture on the BTC and ETH charts suggests a massive rise in the cryptocurrency market is imminent.

Market veteran Peter Brandt, who predicted crypto winter 2018, expects bitcoin to fall towards $14,000. In his opinion, a “pennant” pattern may form on the BTC chart, which implies a further decline.

Cryptocurrencies rise after equities

The cryptocurrency market is looking more and more like the stock and oil markets, said Coinbase chief economist and one hardly should compare Bitcoin with Gold. The US Federal Reserve has announced that the central bank’s digital currencies will not lead to radical changes to the international monetary system, so they do not threaten the status of the US dollar.

The Bank of England is concerned about the long-term impact of cryptocurrencies on the financial system and, given the market “vulnerabilities” in the crypto market, has proposed stricter rules for the crypto industry


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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 80.8% 34 $69 135.35 0.39% 3.32% $1 362 207 405 241 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 74.4% 49 $3 749.24 0.60% 20.06% $450 406 009 355 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.6% 1 $0.999886 0.01% -0.03% $111 924 580 011 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 90.8% 6 $602.25 0.35% 3.75% $88 883 758 375 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 70% 64 $168.45 0.39% -2.37% $75 703 178 826 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 93.6% 1 $0.999984 -0.01% -0.01% $32 725 200 351 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 94.8% 5 $0.541808 1.13% 3.92% $30 032 688 498 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 77.6% 35 $0.173961 6.20% 13.64% $25 127 052 131 DOGE 7 days price change
9 Toncoin (TON) TON Toncoin predictions 69.2% 69 $6.38 -0.23% -0.30% $22 158 372 384 TON 7 days price change
10 Cardano (ADA) ADA Cardano predictions 87.2% 20 $0.462085 0.56% -4.21% $16 491 451 331 ADA 7 days price change
11 Avalanche (AVAX) AVAX Avalanche predictions 75.2% 46 $38.29 0.79% 2.74% $15 044 254 301 AVAX 7 days price change
12 SHIBA INU (SHIB) SHIB SHIBA INU predictions 82.4% 33 $0.000025 2.87% 1.23% $14 782 406 602 SHIB 7 days price change
13 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 80.4% 34 $69 101.03 0.28% 3.28% $10 743 591 141 WBTC 7 days price change
14 Polkadot (DOT) DOT Polkadot predictions 80.4% 29 $7.34 1.56% 2.47% $10 558 252 393 DOT 7 days price change
15 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

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