Bitcoin
BTC$26 900.03

-0.72%

Ethereum
ETH$1 667.19

0.60%

Tether
USDT$0.999922

-0.02%

Binance Coin
BNB$215.62

0.18%

XRP
XRP$0.534805

5.33%

USD Coin
USDC$1.000077

-0.02%

Financiers: BTC could hit $50,000


04 Mar 2022

#Bitcoin

The momentum of pressure on the crypto market was due to the decline in stock indices, as the Fed gave signals of tightening policy. Technical factors also contributed to the negative dynamics - the inability to overcome the strong resistance of the 100-day moving average and mid-February highs around $45,000.

Real Vision CEO Raul Pal believes that the dynamics of bitcoin against the backdrop of foreign political tensions in the world signals the onset of a bullish trend. According to Nigel Green, CEO of deVere Group, one of the world's leading independent financial institutions, BTC could reach $50,000 by the end of March. Billionaire investor Bill Miller said that the Russian authorities can use BTC as a reserve currency.

Earlier, the US authorities called on crypto exchanges to prevent Russia from circumventing sanctions. Meanwhile, the Bank of Russia did not begin to soften its attitude towards bitcoin against the backdrop of sanctions and still advocates a complete ban on the circulation and mining of cryptocurrencies.

Bitcoin is developing a correction, losing 4.5% over the past day to $41.4K. Methodical pressure on the first cryptocurrency was formed on Wednesday evening after a short break above $45K. Ethereum fell by 6.2%, other leading altcoins from the top ten sank from 2.8% (BNB) to 7.8% (Solana).

The total capitalization of the crypto market, according to CoinMarketCap, decreased by 3.7% over the day, to $1.83 trillion. The Bitcoin Dominance Index sank 0.2 points to 42.9%. The Bitcoin Fear and Greed Index dropped another 6 points to 33 - fear.


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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 92% 2 $26 900.03 -0.72% 1.38% $524 536 249 875 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 91.2% 3 $1 667.19 0.60% 4.76% $200 456 859 321 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.2% 1 $0.999922 -0.02% -0.01% $83 270 117 769 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 96% 2 $215.62 0.18% 2.51% $33 172 815 466 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 89.6% 9 $0.534805 5.33% 4.41% $28 511 729 803 XRP 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 91.6% 1 $1.000077 -0.02% 0% $25 132 883 987 USDC 7 days price change
7 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
8 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 86% 26 $0.088990 3.76% 6.26% $9 048 152 654 WTRX 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 90.4% 6 $0.062031 1.02% 1.05% $8 759 443 620 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 90.4% 7 $0.249169 -0.11% 2.20% $8 752 932 991 ADA 7 days price change
11 Solana (SOL) SOL Solana predictions 86% 18 $20.26 2.83% 4.73% $8 363 109 994 SOL 7 days price change
12 TRON (TRX) TRX TRON predictions 84.4% 22 $0.089512 3.56% 7.38% $7 973 262 569 TRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 61.2% 84 $2.21 -1.95% -4.23% $7 568 826 083 TON 7 days price change
14 Dai (DAI) DAI Dai predictions 95.6% 1 $0.999857 -0.04% 0.06% $5 347 122 665 DAI 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 90.4% 7 $4.08 0.11% 1.80% $5 015 443 173 DOT 7 days price change

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