Bitcoin
BTC$30 508.12

1.26%

Ethereum
ETH$2 093.04

2.32%

Tether
USDT$0.998966

0.01%

USD Coin
USDC$1.000154

-0.02%

Binance Coin
BNB$306.44

1.60%

XRP
XRP$0.439088

2.06%

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 61.2% 80 $30 508.12 1.26% -1.89% $580 960 193 914 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 61.6% 79 $2 093.04 2.32% -11.39% $252 881 782 711 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 96% 1 $0.998966 0.01% -0.09% $74 132 298 378 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 96% 1 $1.000154 -0.02% 0.03% $52 257 397 746 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 59.6% 79 $306.44 1.60% -4.39% $50 035 144 123 BNB 7 days price change
6 XRP (XRP) XRP XRP predictions 65.6% 70 $0.439088 2.06% -15.23% $21 226 851 531 XRP 7 days price change
7 Cardano (ADA) ADA Cardano predictions 68.4% 70 $0.576828 2.14% -8.94% $19 508 461 980 ADA 7 days price change
8 Solana (SOL) SOL Solana predictions 62.4% 80 $57.33 4.48% -15.31% $19 341 508 411 SOL 7 days price change
9 Binance USD (BUSD) BUSD Binance USD predictions 96% 1 $1.002166 0.04% 0.04% $18 233 995 659 BUSD 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 62% 80 $0.090315 1.22% -17.60% $11 982 202 523 DOGE 7 days price change
11 Polkadot (DOT) DOT Polkadot predictions 64% 77 $11.07 1.94% -3.93% $10 927 928 134 DOT 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 63.2% 78 $34.86 4.21% -23.49% $9 380 362 142 AVAX 7 days price change
13 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 61.2% 80 $30 511.34 1.34% -2.03% $8 645 506 751 WBTC 7 days price change
14 TRON (TRX) TRX TRON predictions 72.4% 60 $0.072411 3.63% -6.41% $7 071 146 113 TRX 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 60.4% 78 $0.000013 2.45% -24.21% $6 898 547 303 SHIB 7 days price change

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