Bitcoin
BTC$49 354.69

-7.73%

Ethereum
ETH$4 107.43

-2.35%

Binance Coin
BNB$567.72

-4.42%

Tether
USDT$1.000601

0.07%

Solana
SOL$206.79

-4.44%

Cardano
ADA$1.44

-9.21%

Cryptocurrency market cap hits $2 trillion


06 Apr 2021

#Bitcoin

The market capitalization of all cryptocurrencies in existence surpassed $2 trillion on April 5, according to data from Goingecko, led by the impressive growth of Bitcoin (BTC), Ether (ETH) and other altcoins in 2021. The cryptocurrency market as a whole has become approximately as valuable as Apple, the second-biggest company in the world after Saudi Arabia’s oil giant, Aramco.

The milestone also comes less than three months after the cryptocurrency market surpassed $1 trillion for the first time back on Jan. 7 when the price of Bitcoin was around $33,000.

In recent months, several major catalysts have fueled both Bitcoin and Ether to rally strongly to new all-time highs. Financial institutions, like PayPal and Visa, are beginning to actively support cryptocurrencies, with Bitcoin leading the cryptocurrency market’s uptrend. In 2021, Bitcoin has faced several short-term corrections but has now consistently remained above $50,000 for almost a month, with low volatility compared with altcoins, preventing both ETH and the altcoin market from seeing a severe pullback.

On April 2, Coinbase, the top United States cryptocurrency exchange, announced that the U.S. Securities and Exchange Commission (SEC) approved its S-1 filing. Coinbase is expected to be listed on the Nasdaq exchange on April 14, making it a publicly traded company on the U.S. stock market.

Depending on the performance of the stock, it could also lead exchange tokens such as Binance Coin (BNB), FTX Token (FTT), Huobi Token (HT), SushiSwap’s SUSHI, Uniswap’s UNI and others to rally, mirroring the momentum of COIN. At the same time, some analysts believe that Coinbase’s IPO may bring major volatility in, if not downward price pressure on, the cryptocurrency market, as the date aligns with a big BTC options expiry date.


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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 73.2% 50 $49 354.69 -7.73% -9.04% $932 373 294 315 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 79.2% 33 $4 107.43 -2.35% 1.26% $487 167 531 936 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 81.6% 32 $567.72 -4.42% -5.50% $94 697 121 033 BNB 7 days price change
4 Tether (USDT) USDT Tether predictions 96% 1 $1.000601 0.07% -0.03% $74 202 208 475 USDT 7 days price change
5 Solana (SOL) SOL Solana predictions 68.8% 62 $206.79 -4.44% 7.18% $63 205 045 565 SOL 7 days price change
6 Cardano (ADA) ADA Cardano predictions 64% 72 $1.44 -9.21% -6.91% $47 855 235 285 ADA 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 90.8% 2 $0.999263 -0.17% -0.17% $39 791 662 925 USDC 7 days price change
8 XRP (XRP) XRP XRP predictions 67.6% 70 $0.839281 -9.70% -10.86% $39 653 743 706 XRP 7 days price change
9 Polkadot (DOT) DOT Polkadot predictions 66% 76 $29.72 -11.96% -15.22% $29 346 026 179 DOT 7 days price change
10 Terra (LUNA) LUNA Terra predictions 71.2% 63 $72.46 9.02% 67.62% $28 110 203 291 LUNA 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 62.4% 74 $0.176759 -11.41% -13.13% $23 400 502 546 DOGE 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 63.2% 73 $92.76 -12.86% -16.52% $22 514 116 146 AVAX 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 62% 75 $0.000038 -7.58% -3.25% $20 606 810 256 SHIB 7 days price change
14 Crypto.com Chain (CRO) CRO Crypto.com Chain predictions 59.2% 86 $0.612884 -1.50% -22.09% $15 483 294 614 CRO 7 days price change
15 Polygon (MATIC) MATIC Polygon predictions 70% 62 $2.00 -10.20% 24.82% $14 012 724 000 MATIC 7 days price change

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