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 | 87.6% | 20 | $20 080.91 | 4.60% | -0.63% | $384 928 648 027 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 63.6% | 82 | $1 352.25 | 3.96% | -2.63% | $165 850 909 431 |  |
|
| 3 |  USDT |
Tether predictions | 92.4% | 1 | $1.000199 | 0.01% | 0.02% | $67 962 965 910 |  |
|
| 4 |  BNB |
Binance Coin predictions | 90.8% | 15 | $295.18 | 3.35% | 4.10% | $47 622 811 891 |  |
|
| 5 |  USDC |
USD Coin predictions | 94.4% | 1 | $1.000129 | 0.02% | 0.01% | $47 041 969 452 |  |
|
| 6 |  XRP |
XRP predictions | 61.6% | 86 | $0.479325 | 6.89% | 0.21% | $23 918 656 745 |  |
|
| 7 |  BUSD |
Binance USD predictions | 94.8% | 1 | $1.000158 | -0.04% | 0.02% | $21 045 557 649 |  |
|
| 8 |  ADA |
Cardano predictions | 74.8% | 46 | $0.432877 | 2.56% | -5.26% | $14 827 377 490 |  |
|
| 9 |  SOL |
Solana predictions | 87.6% | 22 | $34.02 | 4.22% | -2.80% | $12 079 424 303 |  |
|
| 10 |  STETH |
Lido stETH predictions | 92.4% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 11 |  DOGE |
Dogecoin predictions | 90.4% | 14 | $0.060856 | 1.66% | -2.64% | $8 073 831 543 |  |
|
| 12 |  MATIC |
Polygon predictions | 67.2% | 61 | $0.835389 | 7.92% | 6.54% | $7 296 551 325 |  |
|
| 13 |  DOT |
Polkadot predictions | 65.2% | 68 | $6.47 | 3.14% | -3.80% | $7 264 526 660 |  |
|
| 14 |  DAI |
Dai predictions | 91.6% | 1 | $0.999987 | 0.06% | 0.03% | $6 786 797 042 |  |
|
| 15 |  WTRX |
Wrapped TRON predictions | 93.2% | 5 | $0.061484 | 0.80% | 1.33% | $6 251 497 842 |  |
