Bitcoin fell more than 5% on Friday, a day after topping $40,000 for the first time. The world’s most popular digital currency slid to as low as $36,618.36 on Bitstamp exchange, after reaching an all-time high of $40,402.46 in the previous session.
Market participants had warned of a correction after the $40,000 milestone was reached.
Increased demand from institutional, corporate, and more recently retail investors has powered bitcoin’s surge, attracted by the prospect of quick gains in a world of ultra-low yields and negative interest rates.
JPMorgan strategists wrote on Jan. 5 that the digital currency has emerged as a rival to gold and could trade as high as $146,000 if it becomes established as a safe-haven asset.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 77.6% | 44 | $70 736.91 | 2.78% | 8.31% | $1 391 178 414 200 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 75.6% | 48 | $3 562.64 | 1.50% | 2.46% | $427 772 969 398 | ||
3 | USDT | Tether predictions | 91.2% | 1 | $1.000352 | 0.08% | 0.04% | $104 490 946 646 | ||
4 | BNB | Binance Coin predictions | 62% | 80 | $581.39 | 2.02% | 4.85% | $86 939 551 284 | ||
5 | SOL | Solana predictions | 56% | 89 | $187.83 | 1.55% | 4.77% | $83 450 036 018 | ||
6 | XRP | XRP predictions | 80% | 32 | $0.628371 | 2.46% | -1.77% | $34 487 663 799 | ||
7 | USDC | USD Coin predictions | 90.4% | 2 | $1.000008 | -0.02% | -0.02% | $32 295 051 608 | ||
8 | DOGE | Dogecoin predictions | 67.6% | 68 | $0.223194 | 20.12% | 46.03% | $32 063 455 196 | ||
9 | ADA | Cardano predictions | 68.4% | 67 | $0.650387 | 0.01% | 2.61% | $23 142 053 918 | ||
10 | AVAX | Avalanche predictions | 56.4% | 88 | $54.77 | 1.11% | 1.30% | $20 670 511 693 | ||
11 | SHIB | SHIBA INU predictions | 56.4% | 94 | $0.000032 | 6.29% | 18.17% | $18 866 682 481 | ||
12 | TON | Toncoin predictions | 58.8% | 88 | $4.88 | -2.51% | 19.56% | $16 927 337 697 | ||
13 | DOT | Polkadot predictions | 72% | 52 | $9.53 | 0.98% | 2.89% | $13 600 267 897 | ||
14 | BCH | Bitcoin Cash predictions | 69.6% | 60 | $576.75 | 6.65% | 38.66% | $11 351 495 383 | ||
15 | LINK | Chainlink predictions | 74.4% | 42 | $19.16 | -0.94% | 2.77% | $11 250 792 534 |
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