Luna Foundation bought $1B in Bitcoin
Bitcoin rose 9.1% over the past week, ending it around $46,100. Ethereum added 9.5%, while other leading altcoins from the top ten rose in price from 3.2% (XRP) to 27.4% (Cardano). The exception was Terra (-0.4%). According to CoinGecko, the total capitalization of the crypto market increased by 9.9% in a week, to $2.14 trillion. The Bitcoin Dominance Index added 0.2% to 40.6%.
The Cryptocurrency Fear and Greed Index rose 18 points in a week to 49 and moved from "fear" to neutral.
Bitcoin rose for the second week in a row against the backdrop of strengthening stock indices. On Sunday, BTC broke through strong resistance around $45,000, which reversed its downward movement several times in February and early March. The technical picture favors further gains as Bitcoin climbed above the 100-day moving average (MA) for the first time since early December and heads towards the 200-day MA ($48,200).
Cryptos found new drivers for the growth
The FxPro analyst team mentioned a possible driver of the uptrend in BTC are rumors about the intentions of the non-profit organization Luna Foundation Guard (LFG) to invest in bitcoin. On March 27, it became known that LFG bought more than $1.1 billion worth of coins to ensure the stability of the Terra USD (UST) algorithmic stablecoin.
The best dynamics among altcoins was demonstrated by Cardano against the backdrop of the announcement of ADA staking by Coinbase crypto exchange.
Meanwhile, well-known crypto critic Peter Schiff again criticized the cryptocurrency, comparing it to a financial bubble and calling it stupid for people to save their savings from inflation by buying BTC. According to Schiff, cryptocurrencies have no real value and are backed by people's trust in the same way as fiat currency.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 72% | 51 | $27 716.54 | -1.82% | 12.55% | $535 636 495 855 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 78.4% | 34 | $1 755.09 | -2.51% | 5.91% | $214 776 666 177 |  |
|
| 3 |  USDT |
Tether predictions | 96% | 1 | $1.002644 | 0.08% | -0.01% | $77 641 115 939 |  |
|
| 4 |  BNB |
Binance Coin predictions | 74% | 47 | $324.28 | -4.30% | 2.71% | $51 200 109 142 |  |
|
| 5 |  USDC |
USD Coin predictions | 90.8% | 2 | $0.999666 | 0.09% | 0.01% | $34 710 233 106 |  |
|
| 6 |  XRP |
XRP predictions | 85.6% | 17 | $0.430223 | -7.21% | 17.82% | $21 920 232 563 |  |
|
| 7 |  HEX |
HEX predictions | 63.2% | 82 | $0.122471 | 17.07% | 52.82% | $21 237 782 043 |  |
|
| 8 |  ADA |
Cardano predictions | 78% | 44 | $0.363953 | -4.28% | 12.00% | $12 636 148 693 |  |
|
| 9 |  STETH |
Lido stETH predictions | 92% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 73.2% | 57 | $0.074806 | -1.43% | 6.59% | $9 924 596 389 |  |
|
| 11 |  MATIC |
Polygon predictions | 76.4% | 51 | $1.12 | -3.14% | -0.40% | $9 779 730 336 |  |
|
| 12 |  SOL |
Solana predictions | 74.8% | 54 | $21.61 | -3.84% | 11.54% | $8 292 848 408 |  |
|
| 13 |  BUSD |
Binance USD predictions | 93.6% | 1 | $0.999732 | -0.05% | -0.05% | $8 061 861 044 |  |
|
| 14 |  DOT |
Polkadot predictions | 72.8% | 50 | $6.15 | -3.06% | 3.23% | $7 193 674 767 |  |
|
| 15 |  LTC |
Litecoin predictions | 70.4% | 58 | $87.97 | 7.97% | 12.03% | $6 381 945 113 |  |
