Bitcoin has remained in position for the past few days, trading at $19,500 on Friday morning. As in previous days, the attempt to sell the cryptocurrency following the stock market was met with buying. This neat bottom-drawing by Bitcoin could show a wait-and-see stance and consolidation before the next move. However, crypto optimists are now siding with the positive momentum in gold and sector stocks. Investors have probably recalled them as a store of value amid the volatility in the currency market.
Among the closest key levels, the $20.8K where the 50-day moving average is located is worth mentioning. It has been playing an active role as resistance for more than a month. Local support is near $18.8K. A move outside this range could signal the end of the current consolidation.
Billionaire Stanley Druckenmiller expects the US economy to deteriorate significantly by the end of next year. That's when cryptocurrencies could make a resurgence. Alexander Hoptner, CEO of cryptocurrency exchange BitMEX, said he does not see any decline in institutional investor interest in the crypto industry, despite the bearish trend.
Lastly, BlackRock has launched on Euronext, an exchange-traded fund (ETF) focusing on blockchain and cryptocurrency companies.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | ![]() |
Bitcoin predictions | 72.4% | 54 | $67 992.56 | 1.35% | 2.18% | $1 341 608 846 080 | ||
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2 | ![]() |
Ethereum predictions | 77.6% | 47 | $3 268.77 | 0.51% | -6.28% | $392 998 641 636 | ||
3 | ![]() |
Tether predictions | 93.6% | 1 | $1.000111 | 0.02% | -0.05% | $114 341 903 845 | ||
4 | ![]() |
Solana predictions | 65.2% | 70 | $187.15 | 5.00% | 10.88% | $86 950 076 572 | ||
5 | ![]() |
Binance Coin predictions | 79.2% | 42 | $587.18 | 1.64% | -0.31% | $85 685 293 473 | ||
6 | ![]() |
USD Coin predictions | 91.6% | 1 | $1.000122 | 0.01% | 0.01% | $34 147 378 826 | ||
7 | ![]() |
XRP predictions | 60.4% | 86 | $0.600376 | -0.28% | 1.62% | $33 597 543 281 | ||
8 | ![]() |
Dogecoin predictions | 74% | 55 | $0.134249 | 3.50% | 5.97% | $19 504 454 105 | ||
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Toncoin predictions | 84.8% | 29 | $6.72 | -0.41% | -8.16% | $16 914 629 714 | ||
10 | ![]() |
Cardano predictions | 75.2% | 49 | $0.416969 | 0.87% | -4.75% | $14 970 823 076 | ||
11 | ![]() |
TRON predictions | 87.2% | 18 | $0.137122 | 0.49% | 1.69% | $11 938 028 529 | ||
12 | ![]() |
Avalanche predictions | 79.2% | 38 | $28.57 | 1.38% | 1.50% | $11 278 950 659 | ||
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Lido stETH predictions | 92% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
14 | ![]() |
Wrapped TRON predictions | 90.8% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 | ||
15 | ![]() |
SHIBA INU predictions | 80.8% | 30 | $0.000017 | 2.28% | -3.53% | $10 112 019 376 |
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