Bitcoin
BTC$20 358.95

-1.33%

Ethereum
ETH$1 152.46

-1.93%

Tether
USDT$0.998816

-0.02%

USD Coin
USDC$1.000328

0.02%

Binance Coin
BNB$229.42

-1.07%

Binance USD
BUSD$0.999158

-0.18%

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 59.6% 92 $20 358.95 -1.33% -0.55% $388 446 303 368 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 55.2% 90 $1 152.46 -1.93% 4.48% $139 837 109 318 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.4% 1 $0.998816 -0.02% -0.02% $66 745 776 786 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 93.6% 1 $1.000328 0.02% 0.03% $55 820 927 466 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 58.4% 89 $229.42 -1.07% 5.78% $37 459 518 058 BNB 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 91.6% 1 $0.999158 -0.18% 0.06% $17 369 031 848 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 62% 80 $0.336907 -1.76% 4.22% $16 287 125 919 XRP 7 days price change
8 Cardano (ADA) ADA Cardano predictions 65.6% 75 $0.474957 -1.02% 1.44% $16 117 202 321 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 68% 66 $35.68 -4.55% 1.04% $12 230 152 580 SOL 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 61.6% 80 $0.067308 -3.10% 5.51% $8 929 753 009 DOGE 7 days price change
11 Polkadot (DOT) DOT Polkadot predictions 63.2% 78 $7.42 -1.67% -1.75% $7 329 831 546 DOT 7 days price change
12 Dai (DAI) DAI Dai predictions 92% 1 $1.000154 0.06% 0.05% $6 718 496 522 DAI 7 days price change
13 TRON (TRX) TRX TRON predictions 55.6% 91 $0.066274 0.93% 2.59% $6 130 034 055 TRX 7 days price change
14 SHIBA INU (SHIB) SHIB SHIBA INU predictions 63.2% 74 $0.000010 -5.15% 3.23% $5 583 599 858 SHIB 7 days price change
15 UNUS SED LEO (LEO) LEO UNUS SED LEO predictions 76.8% 50 $5.74 -1.31% -1.91% $5 479 483 866 LEO 7 days price change

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