Bitcoin's shy uptrend
Bitcoin has added 1.5% over the past seven days, trading at $20.7K at the time of writing. Bitcoin showed impressive upside momentum on Friday, which ran out of steam by Saturday morning near $21.4K levels. There is a little bit for everyone in this move. The bulls record new, higher local highs and higher lows. On the other hand, the bears see that the recovery in Bitcoin is by no means gaining strength, and the rate remains tightly below the 200-week average.
Ethereum added 0.9% over the week to $1610. Other leading altcoins from the top 10 rose from 3.1% (Cardano) to 11.9% (BNB). Total cryptocurrency market capitalisation, according to CoinMarketCap, rose 2.8% for the week, to $1.05 trillion, but by Monday, had rolled back 1.9% to $1.03. The Cryptocurrency Fear and Greed Index rose 6 points for the week, to 40 and remains in "fear" mode.
News background
Decentralised application tracking platform DappRadar reported that the number of active cryptocurrency wallets increased by 7% in October compared to the previous month, which may indicate the end of the crypto winter. According to ForkLog, trading volume on leading cryptocurrency exchanges fell 25% in October to its lowest level since December 2020. Bitcoin miners' total revenue in October was up 7% compared to the previous month. The share of public miners in the BTC hashtag reached 25%.
The European Parliament has postponed until February next year a final vote on the MiCA cryptocurrency regulation bill. The extensive and technically complex document must be translated into 24 official languages. Goldman Sachs is partnering with Coin Metrics and MSCI to introduce a tool called Datonomy that allows investors to track cryptocurrency market movements and quickly analyse the digital asset ecosystem.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 91.2% | 8 | $37 944.65 | 0.62% | 1.46% | $742 100 341 920 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 82% | 28 | $2 090.35 | 3.23% | 1.06% | $251 343 888 603 |  |
|
| 3 |  USDT |
Tether predictions | 91.6% | 1 | $1.000179 | -0.01% | -0.01% | $89 367 751 013 |  |
|
| 4 |  BNB |
Binance Coin predictions | 82.4% | 26 | $228.48 | 0.61% | -2.80% | $34 659 804 761 |  |
|
| 5 |  XRP |
XRP predictions | 80% | 34 | $0.609017 | 0.50% | -2.26% | $32 819 051 200 |  |
|
| 6 |  SOL |
Solana predictions | 60% | 81 | $60.09 | 1.22% | 5.34% | $25 481 553 324 |  |
|
| 7 |  USDC |
USD Coin predictions | 90.8% | 1 | $0.999933 | 0% | -0.02% | $24 495 618 060 |  |
|
| 8 |  ADA |
Cardano predictions | 74% | 44 | $0.379017 | -0.23% | -2.85% | $13 382 357 916 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 78.4% | 45 | $0.083764 | 3.17% | 9.11% | $11 898 557 458 |  |
|
| 10 |  STETH |
Lido stETH predictions | 92.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 11 |  TRX |
TRON predictions | 87.2% | 21 | $0.103648 | 0.12% | 1.40% | $9 176 788 153 |  |
|
| 12 |  WTRX |
Wrapped TRON predictions | 87.2% | 24 | $0.102202 | -0.93% | 0.05% | $9 048 771 450 |  |
|
| 13 |  TON |
Toncoin predictions | 80% | 28 | $2.42 | -0.42% | -0.30% | $8 313 031 439 |  |
|
| 14 |  LINK |
Chainlink predictions | 69.2% | 55 | $14.54 | 0.57% | 1.00% | $8 098 485 446 |  |
|
| 15 |  AVAX |
Avalanche predictions | 55.2% | 90 | $21.91 | 4.63% | 6.46% | $8 001 756 415 |  |
