Bitcoin
BTC$26 957.64

2.27%

Ethereum
ETH$1 651.20

2.85%

Tether
USDT$1.000031

0.08%

Binance Coin
BNB$214.84

1.39%

XRP
XRP$0.510041

2.38%

USD Coin
USDC$1.000175

0.02%

Dogecoin (DOGE), Elon Musk's favourite coin, has jumped 35% in the last three days


28 Oct 2022

#Dogecoin

Bitcoin has regained some of the positions gained earlier in the week, losing 2.7% in the past 24 hours to $20.3K. Ethereum, which was previously rising more actively, is now actively correcting, down 3.5% to $1500. Total crypto market capitalisation is down 2.5%, with top altcoins losing between 1.7% (BNB) and 10% (SHIB) in the past 24 hours. Bitcoin is correcting after touching the $20.8K area, but the price above previous local highs and the 50-day moving average leaves us in a short-term bullish scenario.

Bitcoin has regained some of the positions gained earlier in the week, losing 2.7% in the past 24 hours to $20.3K

Dogecoin (DOGE), Elon Musk's favourite coin, has jumped 35% in the last three days, reacting to news of his purchase of the social network Twitter, in the hope that it will be allowed to buy into the social network. On the other hand, overall market pressure prevented Doge from taking the 200-day average with a run-up, causing a wave of profit taking and taking 7% away from the start of the day on Friday.

News background

According to CryptoQuant, long-term investors (HODLers) now control the most significant volume of BTC since October 2015. This is a positive sign, as they usually do not sell crypto even during turbulence in the market. Raul Pal, the founder of Real Vision, said the crypto market would grow 300 times to $300 trillion in ten years. He said the crypto sphere is already flooded with venture capital investments, although big players are cautious because of regulatory issues.

Dogecoin (DOGE), Elon Musk's favourite coin, has jumped 35% in the last three days

According to Bitnodes, five countries - the United States, Germany, France, the Netherlands, and Canada - account for the most significant number of nodes that form the bitcoin infrastructure. The Russian Federation is in ninth place with 178 nodes (1.2%). Australia has submitted a draft budget that would make bitcoin a digital asset and not be taxed as fiat foreign currency. Kazakhstan plans to test its digital currency on BNB Chain, the Binance blockchain.


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?
Altcoin outpaces Bitcoin in growth
Altcoin outpaces Bitcoin in growth
Dogecoin becomes second largest PoW cryptocurrency
Dogecoin becomes second largest PoW cryptocurrency
Bitcoin, Ethereum corridor and new dog race?
Bitcoin, Ethereum corridor and new dog race?
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 96% 2 $26 957.64 2.27% 1.25% $525 640 389 351 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 89.2% 5 $1 651.20 2.85% 3.57% $198 533 811 997 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.2% 1 $1.000031 0.08% 0.01% $83 279 163 207 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 92% 4 $214.84 1.39% 1.43% $33 052 667 934 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 91.6% 9 $0.510041 2.38% -0.38% $27 191 480 431 XRP 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 93.6% 1 $1.000175 0.02% 0.01% $25 593 952 177 USDC 7 days price change
7 Lido stETH (STETH) STETH Lido stETH predictions 95.6% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
8 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 86.8% 24 $0.088795 4.50% 6.75% $9 028 313 978 WTRX 7 days price change
9 Cardano (ADA) ADA Cardano predictions 92.4% 6 $0.250543 2.68% 1.79% $8 801 173 691 ADA 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 93.2% 5 $0.061482 1.67% -0.22% $8 681 310 550 DOGE 7 days price change
11 Solana (SOL) SOL Solana predictions 88% 20 $20.19 5.11% 2.68% $8 334 534 611 SOL 7 days price change
12 TRON (TRX) TRX TRON predictions 87.2% 22 $0.087706 2.85% 5.13% $7 813 140 472 TRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 58.4% 84 $2.21 2.18% -4.32% $7 589 175 931 TON 7 days price change
14 Dai (DAI) DAI Dai predictions 94.8% 1 $0.999902 0.03% -0.03% $5 347 363 215 DAI 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 89.6% 7 $4.07 1.98% 1.29% $5 005 321 925 DOT 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.

© 2015-2023 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.