The BTC is being dragged down again
On Wednesday, the leading crypto is declining to 16,827 USD. And while yesterday there was a good chance to return above the resistance level of 17,200 USD, today this scenario just has no reason to be considered realistic. There is no correlation with the US stock markets, neither there is any connection to the real situation around. The crypto market is in a standby mode.
The risk factor is the same: trust and safety issues. After the epic crash of the FXT exchange and some problems with Genesis, investors tend to doubt everything they see.
Capitalisation of the crypto market today is 837.97 billion USD; the BTC takes up 38.5%, the ETH — 17.9%.
Director general of ICE: crypto must be regulated as securities
Jeffrey Sprecher, director general of ICE, the operator of the NYSE, thinks that cryptocurrencies need to be regulated like securities are. This method would provide optimum protection to clients. Moreover, nothing has to be developed from scratch: all the legislation already exists. A crypto broker from Hong Kong, the Amber Group, initiated new layoffs again. It had to run to decreasing the financial load and stopped looking for new investors due to the sudden death of its head. It was reported earlier that the company planned to attract 3 billion USD.
Bitwave attracted 15 million USD
The Bitwave platform (Crypto accounting, tax and compliance) gathered 15 million USD in a serious A round of financing. The project needs finance to launch new products, including Bitwave Institutional. It is aimed for helping organisations that store and carry out transactions and use digital assets.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 85.2% | 20 | $63 658.84 | 0.71% | -1.56% | $1 253 536 433 134 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 76% | 41 | $3 310.62 | 2.38% | 5.14% | $404 070 971 480 |  |
|
| 3 |  USDT |
Tether predictions | 92.8% | 1 | $0.999736 | 0.05% | -0.05% | $110 533 766 250 |  |
|
| 4 |  BNB |
Binance Coin predictions | 84% | 27 | $606.78 | 1.93% | 5.17% | $89 553 670 382 |  |
|
| 5 |  SOL |
Solana predictions | 67.2% | 74 | $141.78 | 0.51% | -4.95% | $63 417 148 443 |  |
|
| 6 |  USDC |
USD Coin predictions | 93.2% | 2 | $1.000118 | 0.03% | 0.01% | $33 501 861 395 |  |
|
| 7 |  XRP |
XRP predictions | 64.8% | 67 | $0.519292 | 0.10% | -1.29% | $28 683 576 585 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 64.4% | 71 | $0.150286 | 1.73% | -5.14% | $21 652 442 285 |  |
|
| 9 |  TON |
Toncoin predictions | 72% | 62 | $5.54 | 2.59% | -9.64% | $19 236 866 921 |  |
|
| 10 |  ADA |
Cardano predictions | 62.4% | 78 | $0.469957 | 1.10% | -6.15% | $16 749 634 709 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 64% | 82 | $0.000025 | 0.68% | -5.33% | $14 636 912 851 |  |
|
| 12 |  AVAX |
Avalanche predictions | 61.2% | 81 | $35.04 | 2.03% | -5.67% | $13 258 985 798 |  |
|
| 13 |  WTRX |
Wrapped TRON predictions | 89.6% | 18 | $0.120772 | 0.68% | 8.71% | $10 574 342 246 |  |
|
| 14 |  TRX |
TRON predictions | 85.6% | 21 | $0.120572 | 0.40% | 8.29% | $10 556 776 830 |  |
|
| 15 |  STETH |
Lido stETH predictions | 94.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
