Bitcoin
BTC$68 608.23

-0.84%

Ethereum
ETH$2 448.10

-1.53%

Tether
USDT$0.999662

-0.01%

Binance Coin
BNB$555.93

-2.00%

Solana
SOL$161.56

-2.35%

USD Coin
USDC$1.000302

0.03%

Mexico is going to accept Bitcoin


24 Feb 2022

#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.


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

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