Bitcoin
BTC$17 136.61

1.72%

Ethereum
ETH$1 287.40

1.81%

Tether
USDT$1.000057

0.01%

Binance Coin
BNB$296.09

-1.06%

USD Coin
USDC$1.000083

0.01%

Binance USD
BUSD$1.000274

0%

Who Wants to Buy Bitcoin Now?


08 Dec 2021

#Bitcoin

Since yesterday, Bitcoin has gone from almost $52K to $50.7K. On Tuesday, the crypto market was green on nearly all fronts, including ETH, ADA, XRP, etc. And although the Fear Index continued to remain in the horror zone with 26 points, everyone was buying altcoins. However, BTC did not gain a foothold above the resistance at $51,800, so it is premature to talk about conquering the heights and completing the correction.

Perhaps this is not even a correction now, but a search for the actual price without rose-coloured glasses and excessive optimism. Whether there are still those who want to ride up at their own expense on the market, we will only find out when Bitcoin rises above $56K.

A Grayscale poll found that 26% of American investors have already bought BTC. So, apparently, we just need the remaining 74% to join in. But do they have any motivation? Moreover, the United States has introduced cryptocurrencies into its anti-corruption strategy, although exactly how this will affect the market is unclear.

Aside from the local downward trend in Bitcoin, the cryptocurrency market remains bullish, rapidly changing sentiment and moving from correction to growth. Based on the posts on Twitter, the popularity of cryptocurrencies is only growing. Thus, in partnership with the Gemini crypto exchange, the largest bank in Colombia, Bancolombia, added transaction services with BTC, ETH, LTC, and BCH to its list. Video game developer Ubisoft has launched an NFT platform, and blockchain project Spiral, a division of Jack Dorsey's Block, will improve Bitcoin's Lightning Network.

Among the small altcoins, the hot class of projects related to the metauniverses remains. This topic is so popular that almost any new project considers it its duty to point out the potential for the development of this topic. It seems that investors are recruiting all newcomers to their portfolio, hoping to get an impressive profit if at least one project hits.

However, you should be extremely careful. At the end of November, it seemed that the Covalent coin, issued six months ago, recovered relatively quickly from the traditional drawdown in the first months of its life. However, since the beginning of December, its value has been rapidly decreasing, colouring the first eight days of the month in red and confidently remaining below the offering price. At the same time, this cryptocurrency suits well for intraday trading: for yesterday's session, for example, it grew by 3.62%, although this did not affect the overall “red” result.


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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 65.2% 75 $17 136.61 1.72% 3.61% $329 394 279 866 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 67.6% 73 $1 287.40 1.81% 7.74% $157 543 939 698 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92% 1 $1.000057 0.01% 0.07% $65 366 394 946 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 66.8% 64 $296.09 -1.06% -0.76% $47 365 898 356 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 96% 1 $1.000083 0.01% -0.01% $43 257 030 320 USDC 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 92.4% 1 $1.000274 0% -0.03% $22 221 457 711 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 73.6% 57 $0.402238 0.59% 6.10% $20 228 573 518 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 59.2% 87 $0.104596 -0.37% 29.10% $13 876 834 543 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 64.4% 74 $0.318176 1.16% 1.52% $10 960 116 359 ADA 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 94.4% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 64.8% 73 $0.925891 6.60% 9.08% $8 087 029 117 MATIC 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 66.4% 66 $5.40 0.29% 0.77% $6 163 240 357 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 95.6% 1 $0.999871 0.01% -0.01% $5 657 536 504 DAI 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 70.4% 63 $0.054728 1.69% 5.13% $5 564 483 633 WTRX 7 days price change
15 Litecoin (LTC) LTC Litecoin predictions 62.8% 78 $77.28 -0.94% -0.04% $5 543 421 217 LTC 7 days price change

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