Bitcoin
BTC$19 241.67

-5.61%

Ethereum
ETH$1 059.15

-3.18%

Tether
USDT$0.998955

0%

USD Coin
USDC$1.000391

-0.02%

Binance Coin
BNB$215.34

-4.45%

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BUSD$1.000088

0.10%

Musk Says He's a Bitcoin Supporter, Buffeting Price Again


01 Feb 2021

#Bitcoin

Elon Musk once again sent ripples through the price of Bitcoin after declaring that he’s a supporter of the largest cryptocurrency. Speaking on social audio app Clubhouse, the billionaire said at this point he thinks “Bitcoin is a good thing,” adding he’s “late to the party” and should have bought the cryptocurrency eight years ago.

The digital coin spiked to almost $34,500 Monday amid the comments, before easing back. It surged as much as 16% on Jan. 29 to over $38,000 after Musk changed his Twitter profile to “#bitcoin.” That rally mostly ebbed by Monday. Cryptocurrencies have been buffeted recently by volatile retail-investor demand shaped online by Twitter feeds and Reddit forums. Dogecoin — a Shiba Inu-themed digital coin that started as a joke — rallied into the top 10 cryptocurrencies by market value last week before plunging over the weekend.

On Clubhouse, Musk said he doesn’t have a strong view on other cryptocurrencies and that his comments on Dogecoin are meant as jokes, adding “the most ironic outcome would be Dogecoin becomes the currency of Earth in the future.” Bitcoin has shed about $8,000 since reaching an all-time high of almost $42,000 in early January but remains up more than 260% in the past year.

Source


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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 56.8% 93 $19 241.67 -5.61% -9.67% $367 181 795 784 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 58.4% 92 $1 059.15 -3.18% -13.28% $128 553 316 172 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.2% 1 $0.998955 0% -0.04% $66 163 024 576 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 93.2% 1 $1.000391 -0.02% 0.04% $55 824 445 752 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 60.8% 83 $215.34 -4.45% -10.63% $35 160 747 810 BNB 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 91.6% 1 $1.000088 0.10% 0.04% $17 548 760 052 BUSD 7 days price change
7 Cardano (ADA) ADA Cardano predictions 61.6% 77 $0.450635 -3.60% -10.37% $15 210 103 811 ADA 7 days price change
8 XRP (XRP) XRP XRP predictions 66.4% 69 $0.312867 -5.44% -15.56% $15 124 962 063 XRP 7 days price change
9 Solana (SOL) SOL Solana predictions 66% 76 $32.75 -6.27% -22.31% $11 242 411 042 SOL 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 65.6% 71 $0.067391 -0.30% -0.20% $8 940 786 353 DOGE 7 days price change
11 Dai (DAI) DAI Dai predictions 93.6% 1 $0.999784 -0.09% -0.03% $6 859 368 442 DAI 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 68.4% 67 $6.72 -5.60% -18.62% $6 637 336 409 DOT 7 days price change
13 TRON (TRX) TRX TRON predictions 58.8% 88 $0.065207 -0.60% -1.36% $6 030 956 222 TRX 7 days price change
14 UNUS SED LEO (LEO) LEO UNUS SED LEO predictions 69.6% 60 $5.77 -0.04% -1.82% $5 499 921 297 LEO 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 66.8% 66 $0.000010 -3.90% -8.85% $5 489 974 219 SHIB 7 days price change

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