Bitcoin
BTC$19 492.38

3.02%

Ethereum
ETH$1 338.79

3.52%

Tether
USDT$1.000061

0.01%

USD Coin
USDC$1.000088

-0.01%

Binance Coin
BNB$281.44

3.33%

XRP
XRP$0.440922

3.20%

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 84.4% 23 $19 492.38 3.02% 1.40% $373 547 234 360 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 65.6% 71 $1 338.79 3.52% 2.44% $164 103 624 964 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.6% 1 $1.000061 0.01% 0% $67 960 325 658 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 91.2% 1 $1.000088 -0.01% -0.01% $48 695 235 719 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 85.6% 15 $281.44 3.33% 4.36% $45 407 391 607 BNB 7 days price change
6 XRP (XRP) XRP XRP predictions 62% 83 $0.440922 3.20% 1.84% $22 002 284 001 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 93.6% 1 $1.000190 -0.03% 0% $21 046 224 693 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 81.2% 35 $0.435330 0.82% -4.64% $14 905 748 941 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 79.2% 31 $33.83 4.40% 4.59% $12 003 126 308 SOL 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 92.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 87.6% 16 $0.060467 1.11% 1.89% $8 022 208 600 DOGE 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 70.8% 55 $6.46 2.15% -0.13% $7 238 678 326 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 92% 1 $0.999277 -0.05% -0.10% $6 859 611 215 DAI 7 days price change
14 Polygon (MATIC) MATIC Polygon predictions 69.2% 62 $0.747117 2.20% -0.86% $6 525 557 909 MATIC 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 93.2% 5 $0.060060 2.14% 0.60% $6 106 652 098 WTRX 7 days price change

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