Bitcoin
BTC$70 734.57

1.57%

Ethereum
ETH$3 561.52

1.36%

Tether
USDT$1.000151

0.06%

Binance Coin
BNB$584.24

-0.38%

Solana
SOL$188.44

1.04%

XRP
XRP$0.623217

1.40%

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.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 79.6% 42 $70 734.57 1.57% 7.55% $1 391 140 747 215 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 77.2% 49 $3 561.52 1.36% 2.01% $427 638 198 492 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 96% 1 $1.000151 0.06% 0.01% $104 520 065 350 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 62.4% 81 $584.24 -0.38% 3.68% $87 364 761 086 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 58.8% 88 $188.44 1.04% 5.47% $83 742 639 571 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 80% 28 $0.623217 1.40% -1.26% $34 204 799 381 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 92.4% 2 $0.999973 -0.02% -0.02% $32 465 083 721 USDC 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 68% 66 $0.223035 9.88% 44.61% $32 041 022 250 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 69.2% 65 $0.648010 -0.09% 2.81% $23 057 951 234 ADA 7 days price change
10 Avalanche (AVAX) AVAX Avalanche predictions 57.6% 87 $54.31 0.70% 0.04% $20 497 699 245 AVAX 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 58.4% 94 $0.000032 2.06% 16.86% $18 604 490 488 SHIB 7 days price change
12 Toncoin (TON) TON Toncoin predictions 61.6% 87 $4.91 -0.21% 21.37% $17 033 025 216 TON 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 74% 49 $9.49 0.09% 3.54% $13 542 332 162 DOT 7 days price change
14 Chainlink (LINK) LINK Chainlink predictions 77.6% 42 $19.11 -1.18% 4.52% $11 221 582 819 LINK 7 days price change
15 Bitcoin Cash (BCH) BCH Bitcoin Cash predictions 68.8% 59 $569.63 7.73% 37.59% $11 211 410 676 BCH 7 days price change

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