Bitcoin
BTC$16 852.77

2.55%

Ethereum
ETH$1 266.18

4.49%

Tether
USDT$1.000017

0.03%

Binance Coin
BNB$298.76

-0.48%

USD Coin
USDC$1.000055

-0.01%

Binance USD
BUSD$0.999880

-0.06%

Europe will not ban bitcoin mining


03 Mar 2022

#Bitcoin

Bitcoin slowed down ahead of strong mid-February resistance at $45,000, which then turned the move down. The first cryptocurrency in recent days has not paid too much attention to stock indices, which rose on Wednesday. The technical picture continues to point to a break in the downtrend, although to confirm the reversal, the rate must first fix above 45K.

It must be said that bitcoin trading volumes have increased markedly in the last week. On February 28th BTC jumped by 11%, showing the highest growth in many months.

In the EU, it was previously discussed that since Bitcoin and Ethereum use the Proof-of-Work consensus mechanism, which consumes a lot of electricity and has a negative impact on the environment, it's time to ban the mining of these cryptocurrencies.

However, it was decided to abandon this idea following the new version of the bill on digital assets. Technically, Bitcoin slowed down on Wednesday after two days of active strengthening, and on Thursday morning, it rolled back to 43.1K, losing 2.2% in the last 24 hours. Ethereum is down 3.3% 0.6% in the same period. Leading altcoins from the top ten lose from 1% (Terra, XRP) to more than 5% (Avalanche).

The total capitalization of the crypto market, according to CoinMarketCap, decreased by 2.5% to $1.09 trillion. The Bitcoin Dominance Index is hovering around 43.1%. The Cryptocurrency Fear and Greed Index fell 13 points to 29, once again ending up in the fear zone.


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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 61.2% 80 $16 852.77 2.55% 2.30% $323 923 421 031 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 64.8% 79 $1 266.18 4.49% 8.67% $154 947 418 189 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.8% 1 $1.000017 0.03% 0.09% $65 363 780 655 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 66.4% 67 $298.76 -0.48% 1.06% $47 792 407 642 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 91.6% 1 $1.000055 -0.01% -0.03% $43 346 832 925 USDC 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 91.6% 1 $0.999880 -0.06% -0.10% $22 212 697 671 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 68.8% 66 $0.402106 2.36% 7.40% $20 221 918 560 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 58.4% 85 $0.104799 2.62% 30.16% $13 903 805 939 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 59.6% 81 $0.314657 1.78% 0.23% $10 837 423 067 ADA 7 days price change
10 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
11 Polygon (MATIC) MATIC Polygon predictions 63.6% 72 $0.869077 4.13% 2.07% $7 590 796 771 MATIC 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 69.6% 67 $5.40 2.14% 0.38% $6 152 484 918 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 90.8% 1 $0.999949 0.03% -0.07% $5 658 005 854 DAI 7 days price change
14 Litecoin (LTC) LTC Litecoin predictions 62% 74 $77.89 2.40% -0.98% $5 586 986 631 LTC 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 68.8% 66 $0.053915 0.72% 6.00% $5 481 830 604 WTRX 7 days price change

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