Crypto On Wednesday: Market Turns Slightly Bullish

KEY POINTS

Bitcoin and Ether turned slightly green, with ETH gaining the upper hand
Best-performing tokens include CHIZ, CRV, NEXO, and BTG
Worst-performing tokens include EOS, OKB, KSM, and FIL

The crypto market opened on a slightly bullish note Wednesday, with leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) rising by 0.26% and 0.65% respectively. These coins were able to retain prices above $21,000 and $1,600 as well.

Additionally, as per the data from CoinMarketCap, the price of 1 BTC as of 1.07 am ET stands at $21,339, while at the same time, the price of 1 ETH stands at $1,622. Bitcoin’s dominance fell slightly to 39.86%, while Ether’s rose to 19.34%.

The maximum price of 1 BTC is predicted to be $32,079.28 by the end of 2022, per the algorithm from BitcoinWisdom, while the maximum price of 1 ETH is expected to be $2,441.02.

The top 10 cryptocurrencies as of 1.07 am ET were slightly bearish and included Binance Coin (BNB), which was down by 0.41% to $298.04; Cardano (ADA), which was down by 0.27% to $0.4554 and Solana (SOL), which was down by 1.49% to $34.83; and Dogecoin (DOGE), which was down by 1.34% to $0.06755. However, Ripple was up by 0.67% to $0.3415.

The best performers in the crypto market as of 1.09 am ET include Chiliz (CHZ), which rose by 11.17% to $0.2492; Curve DAO token (CRV), which rose by 4.63% to $1.15; Nexo (NEXO), which rose by 5.64% to $0.9628; Bitcoin Gold (BTG), which rose by 5.13% to $25.75; and XDC Network (XDC), which rose by 6.20% to $0.03132.

The worst performers in the crypto market as of 12.10 a.m. ET were EOS (EOS), which was down by 1.64% to $1.75; Filecoin (FIL), which was down by 1.39% to $6.24; OKB (OKB), which was down by 2.22% to $17.37; Gnosis (GNO), which was down by 1.96% to $161.98; and Kusama (KSM), which was down by 2.55% to $48.79.