Dogecoin (DOGE), Elon Musk's favourite coin, has jumped 35% in the last three days
Bitcoin has regained some of the positions gained earlier in the week, losing 2.7% in the past 24 hours to $20.3K. Ethereum, which was previously rising more actively, is now actively correcting, down 3.5% to $1500. Total crypto market capitalisation is down 2.5%, with top altcoins losing between 1.7% (BNB) and 10% (SHIB) in the past 24 hours. Bitcoin is correcting after touching the $20.8K area, but the price above previous local highs and the 50-day moving average leaves us in a short-term bullish scenario.
Dogecoin (DOGE), Elon Musk's favourite coin, has jumped 35% in the last three days, reacting to news of his purchase of the social network Twitter, in the hope that it will be allowed to buy into the social network. On the other hand, overall market pressure prevented Doge from taking the 200-day average with a run-up, causing a wave of profit taking and taking 7% away from the start of the day on Friday.
News background
According to CryptoQuant, long-term investors (HODLers) now control the most significant volume of BTC since October 2015. This is a positive sign, as they usually do not sell crypto even during turbulence in the market. Raul Pal, the founder of Real Vision, said the crypto market would grow 300 times to $300 trillion in ten years. He said the crypto sphere is already flooded with venture capital investments, although big players are cautious because of regulatory issues.
According to Bitnodes, five countries - the United States, Germany, France, the Netherlands, and Canada - account for the most significant number of nodes that form the bitcoin infrastructure. The Russian Federation is in ninth place with 178 nodes (1.2%). Australia has submitted a draft budget that would make bitcoin a digital asset and not be taxed as fiat foreign currency. Kazakhstan plans to test its digital currency on BNB Chain, the Binance blockchain.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 90% | 13 | $62 001.60 | 0.87% | -2.43% | $1 221 311 462 092 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 88.8% | 18 | $2 916.19 | 0% | -4.96% | $350 278 632 351 |  |
|
| 3 |  USDT |
Tether predictions | 91.6% | 1 | $0.999563 | 0% | -0.04% | $110 798 534 666 |  |
|
| 4 |  BNB |
Binance Coin predictions | 87.2% | 15 | $587.15 | -1.07% | -0.25% | $86 656 194 185 |  |
|
| 5 |  SOL |
Solana predictions | 80.4% | 28 | $146.05 | 3.66% | -5.74% | $65 508 668 736 |  |
|
| 6 |  USDC |
USD Coin predictions | 93.6% | 1 | $0.999997 | 0% | 0% | $33 149 191 683 |  |
|
| 7 |  XRP |
XRP predictions | 87.6% | 14 | $0.503748 | 1.31% | -6.12% | $27 887 083 252 |  |
|
| 8 |  TON |
Toncoin predictions | 70.8% | 59 | $7.05 | -1.39% | 20.49% | $24 491 689 457 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 78.8% | 34 | $0.150426 | 7.15% | -3.65% | $21 703 911 419 |  |
|
| 10 |  ADA |
Cardano predictions | 87.6% | 19 | $0.433838 | -0.11% | -3.37% | $15 475 416 127 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 78% | 45 | $0.000024 | 7.31% | -0.30% | $13 899 303 993 |  |
|
| 12 |  AVAX |
Avalanche predictions | 81.6% | 34 | $32.32 | -1.19% | -12.26% | $12 338 105 891 |  |
|
| 13 |  WTRX |
Wrapped TRON predictions | 78% | 37 | $0.125249 | -0.59% | 5.26% | $10 956 131 842 |  |
|
| 14 |  TRX |
TRON predictions | 78.8% | 37 | $0.124990 | -1.14% | 5.33% | $10 933 407 933 |  |
|
| 15 |  STETH |
Lido stETH predictions | 93.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
