Bitcoin
BTC$27 840.71

1.21%

Ethereum
ETH$1 767.58

1.19%

Tether
USDT$1.000675

-0.02%

Binance Coin
BNB$327.63

1.31%

USD Coin
USDC$0.999850

0%

XRP
XRP$0.448514

-2.25%

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 67.2% 61 $27 840.71 1.21% -0.56% $538 129 695 575 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 73.2% 45 $1 767.58 1.19% -2.66% $216 305 397 091 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.2% 1 $1.000675 -0.02% -0.22% $79 075 659 998 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 69.6% 55 $327.63 1.31% -3.17% $51 729 397 468 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 92.8% 2 $0.999850 0% -0.01% $33 908 036 023 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 83.2% 31 $0.448514 -2.25% 14.10% $22 852 174 189 XRP 7 days price change
7 HEX (HEX) HEX HEX predictions 60.4% 82 $0.083472 -7.12% -4.02% $14 474 941 650 HEX 7 days price change
8 Cardano (ADA) ADA Cardano predictions 75.6% 39 $0.355402 -0.43% 1.86% $12 343 469 988 ADA 7 days price change
9 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
10 Polygon (MATIC) MATIC Polygon predictions 78% 45 $1.096341 0.35% -8.87% $9 955 292 481 MATIC 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 74.4% 42 $0.074572 -0.20% -1.62% $9 893 472 420 DOGE 7 days price change
12 Binance USD (BUSD) BUSD Binance USD predictions 93.2% 1 $0.999729 -0.01% -0.10% $8 022 170 532 BUSD 7 days price change
13 Solana (SOL) SOL Solana predictions 76% 46 $20.85 0.67% -5.99% $8 004 990 448 SOL 7 days price change
14 Polkadot (DOT) DOT Polkadot predictions 75.6% 39 $6.03 0.57% -7.80% $7 053 783 531 DOT 7 days price change
15 Litecoin (LTC) LTC Litecoin predictions 70.8% 57 $93.16 0.89% 9.35% $6 760 087 916 LTC 7 days price change

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