Bitcoin, Ethereum corridor and new dog race?
Bitcoin has added 1.5% to $24.3K in the past 24 hours. Over the past couple of hours, the first cryptocurrency has regained Tuesday's slump, finding support from buyers at last Friday's local lows. Ethereum, following trends in recent weeks, is returning the drawdown even more vividly, adding 3.3% overnight to $1940. Top altcoins are rising between 1.7% (BNB) and 11.3% (Dogecoin).
The total capitalisation of the crypto market, according to CoinMarketCap, rose 2% to $1.16 trillion overnight. Gold and silver crypto are firmly in an uptrend corridor, turning to rise today before touching the lower boundary.
Dogecoin was the highest gainer in the top 100 crypto-assets, adding around 30% for the week. Another dog coin, Shiba Inu, is also growing. The community has already managed to call it a dog race. In both cases, it is a manifestation of retail investor activity, similar to the run-up in meme stocks that is happening again in the stock markets.
News background
According to Arcane Research, miners have been selling more BTC than mining for three consecutive months since May. While bitcoin's rise in July has eased the pressure on miners, they continue to sell off previously accumulated stockpiles. PayPal, the largest electronic payment system, has added the ability to buy, sell and transfer cryptocurrencies via a mobile app. One of Brazil's largest banks, BTG Pactual, has launched a platform for investing in cryptocurrencies.
The US Federal Reserve is issuing new rules for cryptocurrency banks, under which they can be granted master accounts, a key financial status, allows direct payments and access to the regulator. The European Union authorities will create a new regulatory authority, AMLA, to directly oversee the industry.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 59.6% | 88 | $23 133.58 | 1.42% | 2.54% | $445 891 712 056 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 62.8% | 85 | $1 599.61 | 1.91% | -3.05% | $195 750 597 878 |  |
|
| 3 |  USDT |
Tether predictions | 90.8% | 1 | $1.000200 | 0% | -0.01% | $67 517 933 738 |  |
|
| 4 |  BNB |
Binance Coin predictions | 66.8% | 72 | $308.24 | 1.67% | 1.96% | $48 671 544 877 |  |
|
| 5 |  USDC |
USD Coin predictions | 90.8% | 1 | $1.000019 | 0.01% | 0% | $43 082 295 663 |  |
|
| 6 |  XRP |
XRP predictions | 62.4% | 74 | $0.411013 | 1.13% | 0.32% | $20 880 931 213 |  |
|
| 7 |  BUSD |
Binance USD predictions | 93.6% | 1 | $0.999820 | -0.03% | 0% | $15 795 578 015 |  |
|
| 8 |  ADA |
Cardano predictions | 60% | 79 | $0.388458 | 4.39% | 7.93% | $13 434 775 806 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 64% | 75 | $0.087652 | 3.23% | 1.90% | $11 628 821 575 |  |
|
| 10 |  STETH |
Lido stETH predictions | 93.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 11 |  MATIC |
Polygon predictions | 64.8% | 78 | $1.15 | 6.09% | 12.97% | $10 037 291 413 |  |
|
| 12 |  SOL |
Solana predictions | 56% | 90 | $24.52 | 3.04% | -1.34% | $9 108 971 332 |  |
|
| 13 |  DOT |
Polkadot predictions | 60.8% | 87 | $6.59 | 3.20% | 5.92% | $7 587 320 916 |  |
|
| 14 |  AVAX |
Avalanche predictions | 60% | 92 | $20.97 | 17.46% | 21.07% | $6 601 353 493 |  |
|
| 15 |  SHIB |
SHIBA INU predictions | 62.4% | 84 | $0.000012 | 2.99% | -2.16% | $6 480 328 787 |  |
