Bitcoin
BTC$27 827.13

1.19%

Ethereum
ETH$1 767.63

1.39%

Tether
USDT$1.000701

-0.02%

Binance Coin
BNB$327.72

1.73%

USD Coin
USDC$0.999827

0%

XRP
XRP$0.446577

-3.04%

The cryptocurrency market digest


21 Feb 2022

#Ethereum

The BTC dropped 7% over the last 24 hours due to huge sales on the US stock market; there is a direct correlation between NASDAQ and the BTC. So, NASDAQ is currently dominated by bears. The BTC capitalisation dropped to $770 billion with a daily turnover of about $22 billion. The crypto market does have reasons for falling. One of them is the expectations of a future rate hike by the US Fed and the reduction in the regulator’s balance. These factors make the US stock market decline, thus bringing the crypto market along. 

Will this be the end of the “carnival of the speculators” on the crypto market? One may assume that volatility might be very high but the fact of the Fed’s monetary policy tightening may be a good cause for the sound development of the crypto market. 

However, there is some good news. The X2Y2 price skyrocketed 250% when the company distributed tokens among users of OpenSea. The total number was about 120 tokens for 861,400 addresses. Among other recent news is the addition of the option to accept donations in Ethereum on Twitter. Before that, Bitcoin was the only crypto able to do that. The ETH rate, by the way, also dropped recently due to the overall negative sentiment in the sector. 

The NYSE filed to register a trademark for an NFT marketplace. Probably, the NYSE is considering opening a platform for trading non-fungible tokens in the future. The information we’ve got says that the NFT format should be considered a serious financial instrument, although no one initially thought this way.


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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 70.8% 61 $27 827.13 1.19% -1.41% $537 868 680 168 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 78.8% 45 $1 767.63 1.39% -2.96% $216 311 335 394 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.6% 1 $1.000701 -0.02% -0.23% $79 077 698 544 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 69.6% 55 $327.72 1.73% -3.47% $51 743 768 515 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 95.2% 2 $0.999827 0% -0.02% $33 886 286 193 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 83.6% 31 $0.446577 -3.04% 13.10% $22 753 511 437 XRP 7 days price change
7 HEX (HEX) HEX HEX predictions 64% 82 $0.084139 -6.16% -3.23% $14 590 702 808 HEX 7 days price change
8 Cardano (ADA) ADA Cardano predictions 78.8% 39 $0.355862 0.71% 1.72% $12 359 438 439 ADA 7 days price change
9 Lido stETH (STETH) STETH Lido stETH predictions 96% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
10 Polygon (MATIC) MATIC Polygon predictions 74.8% 45 $1.095244 0.67% -9.12% $9 945 329 040 MATIC 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 75.6% 42 $0.074422 0.07% -2.38% $9 873 616 140 DOGE 7 days price change
12 Solana (SOL) SOL Solana predictions 76.4% 46 $20.94 1.78% -5.87% $8 037 086 883 SOL 7 days price change
13 Binance USD (BUSD) BUSD Binance USD predictions 93.6% 1 $0.999684 -0.01% -0.10% $8 021 813 679 BUSD 7 days price change
14 Polkadot (DOT) DOT Polkadot predictions 80% 39 $6.02 1.08% -8.38% $7 046 355 080 DOT 7 days price change
15 Litecoin (LTC) LTC Litecoin predictions 70.8% 57 $93.32 1.91% 8.83% $6 772 424 245 LTC 7 days price change

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