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.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 80.8% | 37 | $68 608.23 | -0.84% | 1.21% | $1 356 887 447 259 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 89.2% | 19 | $2 448.10 | -1.53% | -1.99% | $294 782 281 097 | ||
3 | USDT | Tether predictions | 93.2% | 1 | $0.999662 | -0.01% | 0.10% | $120 535 994 188 | ||
4 | BNB | Binance Coin predictions | 90.4% | 3 | $555.93 | -2.00% | -5.45% | $80 109 056 681 | ||
5 | SOL | Solana predictions | 68% | 62 | $161.56 | -2.35% | -8.19% | $76 063 490 496 | ||
6 | USDC | USD Coin predictions | 93.2% | 1 | $1.000302 | 0.03% | 0.04% | $34 905 663 417 | ||
7 | XRP | XRP predictions | 93.2% | 6 | $0.502965 | -1.45% | -2.39% | $28 602 928 230 | ||
8 | DOGE | Dogecoin predictions | 62.8% | 75 | $0.149623 | -5.27% | 5.31% | $21 941 273 326 | ||
9 | TRX | TRON predictions | 90.8% | 3 | $0.165213 | -0.11% | 0.93% | $14 282 926 429 | ||
10 | TON | Toncoin predictions | 88.4% | 14 | $4.82 | -1.08% | -3.01% | $12 265 270 064 | ||
11 | ADA | Cardano predictions | 89.2% | 9 | $0.332460 | -3.90% | -2.17% | $11 634 443 599 | ||
12 | STETH | Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
13 | WTRX | Wrapped TRON predictions | 91.2% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 | ||
14 | WBTC | Wrapped Bitcoin predictions | 90.8% | 1 | $65 806.83 | 0.78% | -2.68% | $10 083 957 608 | ||
15 | SHIB | SHIBA INU predictions | 83.2% | 30 | $0.000017 | -3.46% | -2.07% | $9 876 043 432 |
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