Bitcoin
BTC$18 917.31

-1.02%

Ethereum
ETH$1 298.77

-3.27%

Tether
USDT$1.000070

0%

USD Coin
USDC$1.000058

0.01%

Binance Coin
BNB$274.90

-1.14%

XRP
XRP$0.501984

0.54%

The US is going to track crypto transactions


09 Mar 2022

#Bitcoin

The last bitcoin growth impulse confirmed the break of the downtrend: the chart confidently rebounded from the former upper limit of the downtrend trading range. However, as before in March, a consolidation above the previous highs in the area of $45K is required to confirm a break in the trend. As Ethereum dropped to a 10-day low, traders started buying put options in anticipation of the second cryptocurrency falling to $2,200.

On March 14, the European Parliament will approve the final version of the bill on the regulation of cryptocurrencies without wording that could be interpreted as a potential ban on bitcoin mining. US President Biden will also sign an executive order to regulate cryptocurrencies this week.

The focus may be on tracking transactions and preventing circumvention of US sanctions. The cost of bitcoin in rubles has updated its historical highs, exceeding 5 million rubles. Bitcoin was not so expensive even in April and November 2021, when its price in dollars exceeded $60,000.

Bitcoin Daily Chart

In general, the benchmark cryptocurrency has jumped by 8.7% over the past day, to 41,450. Ethereum has added 7.9% over the same time, while other leading altcoins from the top ten show growth from 3.3% (XRP) to 21% (Terra). According to CoinMarketCap, the total capitalization of the crypto market grew by 6.9% over the day, to $1.83 trillion. The dominance index jumped to 43%.

The Cryptocurrency Fear and Greed Index rose 1 point to 22, remaining in "extreme fear" territory.Bitcoin was bought on the decline to $38K, and the move to $40K on Wednesday morning caused a surge in buying, probably associated with the closing of part of the short positions, quickly bringing the rate to current values.


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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 80.8% 26 $18 917.31 -1.02% -4.11% $362 463 667 283 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 72.8% 54 $1 298.77 -3.27% -6.06% $159 129 662 025 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 96% 1 $1.000070 0% 0% $67 959 486 248 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 91.6% 1 $1.000058 0.01% 0% $49 596 112 733 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 90.8% 15 $274.90 -1.14% 0.65% $44 352 122 648 BNB 7 days price change
6 XRP (XRP) XRP XRP predictions 61.6% 74 $0.501984 0.54% 26.46% $25 023 258 974 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 96% 1 $1.000777 0.03% 0.03% $20 533 202 140 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 83.2% 32 $0.449897 -2.32% -3.88% $15 400 494 496 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 84.8% 28 $32.71 -3.79% 0.84% $11 601 976 269 SOL 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 95.6% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 85.6% 14 $0.061846 -3.69% 3.13% $8 205 146 170 DOGE 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 78.8% 41 $6.23 -3.04% -8.15% $6 984 955 644 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 90.8% 1 $0.999539 -0.04% -0.04% $6 927 324 765 DAI 7 days price change
14 Polygon (MATIC) MATIC Polygon predictions 73.6% 55 $0.749357 -2.69% -5.72% $6 545 118 739 MATIC 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 76.4% 42 $0.000011 -3.43% -2.78% $6 126 642 475 SHIB 7 days price change

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