Bitcoin
BTC$56 623.70

11.18%

Ethereum
ETH$3 257.69

7.23%

Tether
USDT$1.000464

0.05%

Binance Coin
BNB$399.17

3.71%

Solana
SOL$111.24

9.60%

XRP
XRP$0.563142

5.66%

Bitcoin, Ethereum corridor and new dog race?


17 Aug 2022

#Dogecoin

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).

Bitcoin has added 1.5% to $24.3K in the past 24 hours

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.

Dogecoin was the highest gainer in the top 100 crypto-assets

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.

Ethereum, following trends in recent weeks, is returning the drawdown even more vividly, adding 3.3% overnight to $1940

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.


Related

NordFX Partnership Program: Earnings without Risk or Investment
NordFX Partnership Program: Earnings without Risk or Investment
Dogecoin survived carnage in 2022 better than most
Dogecoin survived carnage in 2022 better than most
Crypto market stumbles, losing 5%
Crypto market stumbles, losing 5%
Dogecoin – a guide dog for the crypto?
Dogecoin – a guide dog for the crypto?
Dogecoin (DOGE), Elon Musk's favourite coin, has jumped 35% in the last three days
Dogecoin (DOGE), Elon Musk's favourite coin, has jumped 35% in the last three days
Altcoin outpaces Bitcoin in growth
Altcoin outpaces Bitcoin in growth
Dogecoin becomes second largest PoW cryptocurrency
Dogecoin becomes second largest PoW cryptocurrency
MultiBank io: Changing the Way People Think About Crypto
MultiBank io: Changing the Way People Think About Crypto
Doge gets more love on Twitter and Ethereum gets more hate
Doge gets more love on Twitter and Ethereum gets more hate

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 62% 79 $56 623.70 11.18% 9.37% $1 112 031 470 857 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 59.2% 81 $3 257.69 7.23% 12.32% $391 423 713 721 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92% 1 $1.000464 0.05% 0.07% $98 109 058 390 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 64.4% 69 $399.17 3.71% 12.77% $59 693 248 192 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 74.8% 44 $111.24 9.60% 2.08% $49 202 632 633 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 82.8% 22 $0.563142 5.66% 0.22% $30 744 319 017 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 94.4% 1 $0.999959 0% 0% $28 534 731 855 USDC 7 days price change
8 Cardano (ADA) ADA Cardano predictions 66.8% 67 $0.623028 8.17% 0.36% $22 099 890 311 ADA 7 days price change
9 Avalanche (AVAX) AVAX Avalanche predictions 73.2% 51 $39.46 8.54% 2.64% $14 884 006 901 AVAX 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 84% 18 $0.096125 13.99% 11.60% $13 769 217 373 DOGE 7 days price change
11 TRON (TRX) TRX TRON predictions 67.6% 61 $0.141372 2.82% 3.28% $12 440 780 834 TRX 7 days price change
12 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 68.8% 61 $0.140896 2.34% 2.98% $12 398 895 467 WTRX 7 days price change
13 Chainlink (LINK) LINK Chainlink predictions 74% 46 $19.25 5.91% -0.58% $11 304 080 878 LINK 7 days price change
14 Polkadot (DOT) DOT Polkadot predictions 75.2% 52 $8.14 6.70% 5.77% $10 444 466 378 DOT 7 days price change
15 Lido stETH (STETH) STETH Lido stETH predictions 93.2% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2024 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.