Bitcoin is up 3.1% over the past 24 hours, trading around $19,400. After a downward momentum early in the day, the first cryptocurrency received some support thanks to a recovery in risk appetite. Ethereum is gaining 3.5% overnight to $1330, with the top cryptocurrencies ranging from +0.5% (Cardano) to +4.7% (BNB). Overall, total crypto capitalisation rose 2.2% to $937B overnight, according to CoinMarketCap.
CoinShares said UK investors are buying Bitcoin amid the Pound's collapse this week, as we see with rising BTC/GBP trading volumes.
The momentum in the first and second half of the day has balanced each other out. As a result, Bitcoin has been moving sideways for the last ten days - without a clear trend and in a narrow range. This "dangling at the bottom" indicates Bitcoin accumulates in the area just below 20K. For now, the long-term pattern remains that the first cryptocurrency is attracting buyers on the decline from the previous cyclical peak.
In an online discussion organised by the Bank of France, the heads of the world's leading central banks called for increased regulation of the decentralised finance (DeFi) sector justified against the backdrop of its development. Australia's central bank has announced the launch of a Digital Central Bank Currency (CBDC) by mid-2023. Fed chairman Jerome Powell said the Fed has not yet decided on the digital dollar (CBDC) promotion.
Cardano founder Charles Hoskinson said he would never support a government-owned digital currency that violates the privacy of its owner. The IMF said that the Proof-of-Stake (PoS) consensus algorithm could lead to excessive concentration of control at cryptocurrencies and custodial service providers with risks to the integrity of markets.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 77.2% | 42 | $70 747.30 | 1.83% | 8.06% | $1 391 385 474 184 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 73.6% | 49 | $3 562.88 | 1.62% | 2.11% | $427 802 048 122 | ||
3 | USDT | Tether predictions | 91.6% | 1 | $1.000047 | 0.04% | 0.01% | $104 459 077 369 | ||
4 | BNB | Binance Coin predictions | 60% | 81 | $583.45 | 1.48% | 5.45% | $87 246 653 153 | ||
5 | SOL | Solana predictions | 61.6% | 88 | $189.52 | 1.65% | 5.62% | $84 203 450 543 | ||
6 | XRP | XRP predictions | 82.4% | 28 | $0.624522 | 2.04% | -2.50% | $34 276 432 402 | ||
7 | USDC | USD Coin predictions | 95.2% | 2 | $0.999973 | -0.02% | -0.02% | $32 393 119 264 | ||
8 | DOGE | Dogecoin predictions | 69.6% | 66 | $0.220042 | 15.62% | 41.73% | $31 610 806 562 | ||
9 | ADA | Cardano predictions | 66.8% | 65 | $0.650620 | 0.32% | 2.92% | $23 150 642 891 | ||
10 | AVAX | Avalanche predictions | 58.4% | 87 | $54.59 | 0.84% | 1.21% | $20 601 976 384 | ||
11 | SHIB | SHIBA INU predictions | 58% | 94 | $0.000032 | 6.08% | 17.58% | $18 854 404 148 | ||
12 | TON | Toncoin predictions | 59.2% | 87 | $4.90 | -1.21% | 20.72% | $17 017 490 377 | ||
13 | DOT | Polkadot predictions | 72% | 49 | $9.52 | 0.74% | 3.75% | $13 582 255 065 | ||
14 | LINK | Chainlink predictions | 78% | 42 | $19.16 | -0.71% | 3.91% | $11 248 559 422 | ||
15 | BCH | Bitcoin Cash predictions | 70% | 59 | $569.28 | 5.35% | 37.33% | $11 204 606 590 |
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