Mexico is going to accept Bitcoin
Bitcoin was down 1% on Wednesday, ending the day near $37,600, but it is losing another 7% on Thursday morning, trading below $35,000. Ethereum has lost 12% to $2,340 in the last 24 hours. Leading altcoins show a proportionate decline. The total capitalization of the crypto market, according to CoinMarketCap, decreased by 8.4% over the day, to $1.57 trillion.
The index of fear and greed of the crypto market fell by 2 points to 23, but being updated once a day, it clearly does not take into account the latest dramatic movements. At the moment, we see that cryptocurrencies are selling stronger than developed world stocks, confirming the risky nature of these assets and how they are not a replacement for gold.
According to Glassnode, the wallets of long-term investors (hodlers) hold record volumes of BTC (76.5%). The volume of bitcoins, which have been without movement for more than 10 years, is also growing (12.6%). Thus, almost 90% of all currently available coins are out of the market.
Now another country besides El Salvador may accept bitcoin as a means of payment. Senator Indira Kempis is developing a bill on cryptocurrencies and intends to convince the Mexican government to follow the "Salvadorian scenario" by recognizing BTC as a means of payment.
Former SEC official Joseph Hall called the department's chances of losing the lawsuit against Ripple high. The regulator accuses the company of selling unregistered securities under the guise of XRP tokens.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 90.8% | 4 | $26 284.93 | 0.40% | -1.58% | $512 450 303 832 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 89.6% | 6 | $1 590.77 | 0.91% | -2.61% | $191 259 893 789 |  |
|
| 3 |  USDT |
Tether predictions | 94.8% | 1 | $0.999945 | 0% | -0.03% | $83 203 336 292 |  |
|
| 4 |  BNB |
Binance Coin predictions | 90.4% | 4 | $211.48 | 1.43% | -2.18% | $32 535 832 612 |  |
|
| 5 |  XRP |
XRP predictions | 92.4% | 8 | $0.503892 | 0.71% | 0.08% | $26 829 848 518 |  |
|
| 6 |  USDC |
USD Coin predictions | 94.8% | 1 | $1.000097 | 0.01% | 0% | $25 662 645 608 |  |
|
| 7 |  STETH |
Lido stETH predictions | 94.4% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 8 |  ADA |
Cardano predictions | 94% | 7 | $0.246497 | 0.97% | -2.26% | $8 657 571 831 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 94% | 6 | $0.061028 | 0.22% | -1.62% | $8 614 628 399 |  |
|
| 10 |  WTRX |
Wrapped TRON predictions | 86% | 17 | $0.083146 | -0.31% | 0.29% | $8 453 971 571 |  |
|
| 11 |  SOL |
Solana predictions | 87.2% | 23 | $19.34 | -0.18% | -2.27% | $7 984 181 258 |  |
|
| 12 |  TRX |
TRON predictions | 83.2% | 20 | $0.084559 | 1.10% | 0.67% | $7 535 502 870 |  |
|
| 13 |  TON |
Toncoin predictions | 62.4% | 79 | $2.15 | -2.42% | -11.06% | $7 377 709 332 |  |
|
| 14 |  DAI |
Dai predictions | 91.2% | 1 | $0.999944 | 0.04% | 0% | $5 347 589 340 |  |
|
| 15 |  DOT |
Polkadot predictions | 87.6% | 23 | $4.09 | 2.02% | -0.27% | $5 277 683 110 |  |
