Bitcoin
BTC$61 393.62

1.16%

Ethereum
ETH$4 171.66

5.07%

Binance Coin
BNB$485.63

1.44%

Cardano
ADA$2.17

0.55%

Tether
USDT$1.000858

0.10%

Solana
SOL$197.70

0.65%

Bitcoin price drops to $22.4K after weekend all-time highs


21 Dec 2020

#Bitcoin

BTC dips below an essential level to preserve upside chances with volatility reappearing in Monday trading. Bitcoin (BTC) lost $23,000 support on Dec. 21 as Monday trading saw a long-awaited correction begin to take shape. The move comes as U.S. futures also dropped in pre-market hours by roughly 2.5% on concerns over the new coronavirus strain in the U.K. 

BTC price falls to $22,400


Data from Cointelegraph Markets and TradingView showed BTC/USD hitting lows of $22,410 at press time, with 24-hour losses totaling around 3.3%. The move confirms suspicions among analysts that Bitcoin is due for a retracement after a week of near-constant gains. Traders are now eyeing $20,000, which orderbook data paints as a potentially formidable support level.

At the start of last week, the largest cryptocurrency was still at under $19,500, a level which Cointelegraph Markets analyst Michaël van de Poppe believes could now form a short-term price target. $22,800, he added in comments over the weekend, forms a crucial area to hold in order to preserve the prospects of further upside.

Altcoins feel the pain


Major altcoin tokens saw a swift knock-on effect from Bitcoin's losses, with leader Ether (ETH) seeing a 6% daily dive.

Source


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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 64% 72 $61 393.62 1.16% 0.83% $1 157 410 091 263 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 71.6% 55 $4 171.66 5.07% 8.92% $492 462 196 227 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 73.2% 57 $485.63 1.44% 4.21% $81 003 906 943 BNB 7 days price change
4 Cardano (ADA) ADA Cardano predictions 91.2% 14 $2.17 0.55% -0.57% $71 272 162 809 ADA 7 days price change
5 Tether (USDT) USDT Tether predictions 95.2% 1 $1.000858 0.10% 0.08% $69 633 809 415 USDT 7 days price change
6 Solana (SOL) SOL Solana predictions 70.4% 52 $197.70 0.65% 25.50% $59 473 993 983 SOL 7 days price change
7 XRP (XRP) XRP XRP predictions 76% 49 $1.094497 0.56% -3.58% $51 382 650 889 XRP 7 days price change
8 Polkadot (DOT) DOT Polkadot predictions 60.4% 77 $44.05 1.38% 5.54% $43 502 840 639 DOT 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 72% 56 $0.251733 3.08% 6.09% $33 181 970 119 DOGE 7 days price change
10 USD Coin (USDC) USDC USD Coin predictions 92.4% 1 $1.001199 0.09% 0.12% $32 582 792 876 USDC 7 days price change
11 Terra (LUNA) LUNA Terra predictions 70.4% 62 $43.19 -0.98% 18.00% $17 337 793 703 LUNA 7 days price change
12 UniSwap (UNI) UNI UniSwap predictions 77.2% 42 $26.81 4.59% -0.80% $16 400 871 282 UNI 7 days price change
13 Chainlink (LINK) LINK Chainlink predictions 77.6% 48 $31.43 9.66% 15.36% $14 490 192 645 LINK 7 days price change
14 Avalanche (AVAX) AVAX Avalanche predictions 68% 61 $65.44 -0.09% 13.84% $14 415 133 233 AVAX 7 days price change
15 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 64.8% 71 $61 406.63 1.11% 0.83% $13 619 540 827 WBTC 7 days price change

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