Europe will not ban bitcoin mining
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.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 59.2% | 82 | $28 464.06 | -0.08% | 3.56% | $550 339 428 246 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 70.8% | 64 | $1 821.21 | -0.06% | 4.47% | $219 378 604 902 |  |
|
| 3 |  USDT |
Tether predictions | 92% | 1 | $1.000305 | 0.01% | -0.04% | $79 718 134 880 |  |
|
| 4 |  BNB |
Binance Coin predictions | 73.6% | 55 | $314.89 | -0.67% | -2.40% | $49 718 142 531 |  |
|
| 5 |  USDC |
USD Coin predictions | 96% | 2 | $0.999802 | 0% | 0.02% | $32 521 009 846 |  |
|
| 6 |  XRP |
XRP predictions | 62% | 86 | $0.509747 | -5.31% | 14.63% | $26 342 796 029 |  |
|
| 7 |  HEX |
HEX predictions | 66.4% | 68 | $0.079425 | -10.16% | -5.23% | $13 773 256 366 |  |
|
| 8 |  ADA |
Cardano predictions | 74% | 46 | $0.393356 | -1.40% | 11.74% | $13 666 228 073 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 82.8% | 24 | $0.081783 | 6.05% | 10.46% | $11 348 676 475 |  |
|
| 10 |  STETH |
Lido stETH predictions | 93.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 11 |  MATIC |
Polygon predictions | 81.6% | 26 | $1.11 | -0.66% | 3.06% | $10 094 693 708 |  |
|
| 12 |  SOL |
Solana predictions | 80.4% | 36 | $21.08 | -0.47% | 3.15% | $8 130 513 636 |  |
|
| 13 |  BUSD |
Binance USD predictions | 93.2% | 1 | $0.999558 | -0.01% | 0% | $7 553 845 647 |  |
|
| 14 |  DOT |
Polkadot predictions | 85.2% | 27 | $6.35 | 0.08% | 7.44% | $7 438 756 957 |  |
|
| 15 |  LTC |
Litecoin predictions | 73.6% | 51 | $92.65 | 3.29% | 1.22% | $6 727 455 612 |  |
