Bitcoin
BTC$26 246.05

0.36%

Ethereum
ETH$1 593.83

0.66%

Tether
USDT$0.999487

-0.01%

Binance Coin
BNB$211.72

0.08%

XRP
XRP$0.503310

-0.20%

USD Coin
USDC$1.000273

0.03%

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 93.2% 4 $26 246.05 0.36% -3.43% $511 734 085 488 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 90% 6 $1 593.83 0.66% -2.38% $191 632 513 294 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.8% 1 $0.999487 -0.01% -0.07% $83 224 164 781 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 92.4% 4 $211.72 0.08% -2.04% $32 571 718 390 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 92% 8 $0.503310 -0.20% -3.37% $26 832 642 795 XRP 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 95.6% 1 $1.000273 0.03% 0.02% $25 522 808 716 USDC 7 days price change
7 Lido stETH (STETH) STETH Lido stETH predictions 90.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
8 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 88% 16 $0.084838 0.99% 0.17% $8 625 977 192 WTRX 7 days price change
9 Cardano (ADA) ADA Cardano predictions 90% 9 $0.243917 -0.07% -4.68% $8 568 448 261 ADA 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 94% 6 $0.060472 0.42% -3.43% $8 537 607 818 DOGE 7 days price change
11 Solana (SOL) SOL Solana predictions 85.2% 23 $18.91 -1.18% -6.86% $7 807 388 894 SOL 7 days price change
12 TRON (TRX) TRX TRON predictions 84.4% 20 $0.085113 0.64% 0.41% $7 583 242 853 TRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 58% 86 $2.15 0.87% -11.29% $7 362 786 595 TON 7 days price change
14 Dai (DAI) DAI Dai predictions 92% 1 $0.999873 0.06% 0% $5 347 208 180 DAI 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 89.6% 16 $4.00 -0.01% -3.39% $4 935 973 005 DOT 7 days price change

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