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 | 59.2% | 81 | $16 978.70 | 4.39% | 2.88% | $326 335 954 931 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 61.2% | 79 | $1 272.58 | 7.65% | 9.73% | $155 730 706 390 |  |
|
| 3 |  USDT |
Tether predictions | 94.4% | 1 | $0.999717 | 0.01% | 0.07% | $65 344 160 805 |  |
|
| 4 |  BNB |
Binance Coin predictions | 69.6% | 65 | $303.20 | 2.45% | 11.12% | $48 502 460 386 |  |
|
| 5 |  USDC |
USD Coin predictions | 95.6% | 1 | $1.000139 | -0.01% | -0.03% | $43 277 644 672 |  |
|
| 6 |  BUSD |
Binance USD predictions | 94.8% | 1 | $1.000531 | -0.02% | -0.04% | $22 382 168 682 |  |
|
| 7 |  XRP |
XRP predictions | 68.4% | 66 | $0.404716 | 4.85% | 7.75% | $20 353 202 189 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 59.6% | 85 | $0.107996 | 6.28% | 33.79% | $14 327 928 052 |  |
|
| 9 |  ADA |
Cardano predictions | 62% | 81 | $0.317149 | 3.18% | 0.58% | $10 922 533 679 |  |
|
| 10 |  STETH |
Lido stETH predictions | 93.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 11 |  MATIC |
Polygon predictions | 64.8% | 72 | $0.870461 | 4.66% | 0.89% | $7 602 885 646 |  |
|
| 12 |  DOT |
Polkadot predictions | 66% | 67 | $5.45 | 5.72% | 1.92% | $6 217 714 859 |  |
|
| 13 |  LTC |
Litecoin predictions | 63.2% | 74 | $78.90 | 4.47% | 1.74% | $5 659 018 434 |  |
|
| 14 |  DAI |
Dai predictions | 96% | 1 | $0.999966 | 0.01% | -0.06% | $5 641 163 245 |  |
|
| 15 |  WTRX |
Wrapped TRON predictions | 67.2% | 66 | $0.054055 | 1.60% | 6.42% | $5 496 066 891 |  |
