Cryptocurrency market capitalisation rose 3.7% in the last 24 hours, again reaching $2.24 trillion, with almost the entire top 100 coins in green over the past 24 hours. The Cryptocurrency Fear and Greed Index has added 2 points to 27. This is still a "fear level", but the general dynamic over the past few hours suggests that investors are opting to buy with the expectation of a further bounce from these levels.
Bitcoin and Ether have added around 4% in the past 24 hours, managing to move back above the signal levels. BTCUSD is trading above the 200-day average again, while ETHUSD has surpassed $4000.
If we went deeper into the reasons, the rise of the two largest cryptocurrencies was helped by the performance of stock indices, which received support from buyers yesterday, indicating continued demand for risky assets and a desire to buy on downturns.
Despite this morning’s positivity, it is worth noting that the optimism looks somewhat fragile and has little explanation for the fundamentals. Under such conditions, the situation could turn abruptly in a matter of hours, so a fix above $4000 for Ether and $48000 for bitcoin today should be considered a more reliable signal.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 88.4% | 17 | $66 921.51 | 2.36% | 9.97% | $1 318 340 928 163 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 84.4% | 20 | $3 099.75 | 5.02% | 6.25% | $372 348 912 256 | ||
3 | USDT | Tether predictions | 92.8% | 1 | $1.000306 | 0.02% | 0.06% | $111 369 399 222 | ||
4 | BNB | Binance Coin predictions | 89.6% | 13 | $579.83 | 1.64% | -0.62% | $85 575 190 111 | ||
5 | SOL | Solana predictions | 79.2% | 37 | $172.88 | 7.67% | 19.59% | $77 591 230 697 | ||
6 | USDC | USD Coin predictions | 94.4% | 1 | $1.000018 | 0% | 0% | $33 431 603 799 | ||
7 | XRP | XRP predictions | 92% | 11 | $0.523061 | 1.25% | 3.78% | $28 919 493 874 | ||
8 | TON | Toncoin predictions | 66.8% | 67 | $6.51 | -2.62% | -4.22% | $22 618 902 410 | ||
9 | DOGE | Dogecoin predictions | 83.2% | 32 | $0.155954 | 4.14% | 7.80% | $22 509 560 221 | ||
10 | ADA | Cardano predictions | 82.4% | 22 | $0.481753 | 4.90% | 7.57% | $17 186 458 320 | ||
11 | SHIB | SHIBA INU predictions | 77.2% | 42 | $0.000025 | 2.42% | 10.23% | $14 704 600 415 | ||
12 | AVAX | Avalanche predictions | 81.6% | 36 | $37.15 | 7.42% | 10.43% | $14 209 759 459 | ||
13 | WTRX | Wrapped TRON predictions | 80.8% | 34 | $0.124331 | -0.52% | -2.23% | $10 872 447 882 | ||
14 | TRX | TRON predictions | 78.8% | 34 | $0.124316 | -0.27% | -1.95% | $10 871 156 850 | ||
15 | WBTC | Wrapped Bitcoin predictions | 87.2% | 17 | $66 903.55 | 2.32% | 9.97% | $10 403 272 346 |
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