Bitcoin
BTC$65 723.04

-1.20%

Ethereum
ETH$3 470.30

-4.04%

Tether
USDT$0.999876

0.05%

Binance Coin
BNB$600.71

-1.48%

Solana
SOL$141.66

-5.86%

USD Coin
USDC$1.000358

0.04%

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 85.2% 15 $65 723.04 -1.20% -5.28% $1 295 645 986 996 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 86.8% 22 $3 470.30 -4.04% -5.27% $416 988 728 976 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 96% 1 $0.999876 0.05% 0.04% $112 538 652 807 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 82% 25 $600.71 -1.48% -3.77% $88 655 869 420 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 76.8% 40 $141.66 -5.86% -10.85% $65 417 369 361 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 91.6% 3 $1.000358 0.04% 0.04% $32 524 163 418 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 78.8% 31 $0.504740 3.29% 1.90% $28 048 618 997 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 70.4% 61 $7.58 -5.28% 5.11% $18 476 118 258 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 67.2% 61 $0.126978 -7.45% -12.13% $18 380 493 762 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 79.2% 40 $0.399356 -4.11% -9.09% $14 270 747 085 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 57.2% 94 $0.000019 -8.42% -16.37% $11 268 857 942 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 73.2% 58 $28.17 -6.43% -12.44% $11 078 964 814 AVAX 7 days price change
13 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
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 92% 9 $0.116669 -0.64% -0.73% $10 199 536 518 WTRX 7 days price change
15 TRON (TRX) TRX TRON predictions 92.8% 9 $0.116398 -1.15% -1.25% $10 158 405 033 TRX 7 days price change

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