Crypto On August 30: Bitcoin Back Above $20,000, Ether Eyes $1,600

The crypto market opened on a bullish note Tuesday with many cryptocurrencies up by significant percentages including leading coins Bitcoin (BTC) and Ether (ETH) that rose by 3.36% and 8.74%, respectively.

According to CoinMarketCap, Bitcoin and Ether successfully broke above $20,000 and $1,500 price levels in the last 24 hours and as of 12:54 am ET, the price of 1 BTC is $20,493 while that of 1 ETH is $1,577.

It is clear that the Ether token has outperformed the BTC token in the last 24 hours as the market state has changed from Extreme Fear to Fear, as per data from Alternative.me.

Moreover, the maximum price of 1 BTC is predicted to be $36,774.61 by the end of 2022, as per the algorithm from PricePredictions, while the maximum price of 1 ETH is expected to be $2,845.77.

The other cryptocurrencies in the top 10 were green as of 12:55 am ET with Dogecoin (DOGE) up by 3.79% to $0.0642, Cardano (ADA) up by 4.52% to $0.4533, Ripple (XRP) up by 3.32% to $0.3326; Solana (SOL) up by 7.63% to $32.82 and Binance Coin (BNB) up by 3.38% to $288.95.

The best performers in the crypto market as of 12:56 am ET were Avalanche (AVAX), which rose by 11.88% to $20.19, Uniswap (UNI), which rose by 8.95% to $6.41, Ethereum Classic (ETC), which rose by 8.89% to $33.98, Cosmos (ATOM), which rose by 11.10% to $11.58 and Near Protocol (NEAR), which rose by 8.62% to $4.09.

The worst performers as of 1.08 a.m. ET were eCash (XEC), which was down by 2.23% to $0.00004846; Celsius (CEL), which was down by 4.43% to $1.22, Flux (FLUX) which was down by 3% to $1.03 and Ellipsis (EPS), which was down by 2.23% to $0.1826.