Bitcoin
BTC$41 774.92

-1.51%

Ethereum
ETH$3 118.68

-1.45%

Tether
USDT$1.000320

-0.02%

Binance Coin
BNB$466.91

-0.67%

USD Coin
USDC$1.000410

0.03%

Cardano
ADA$1.34

-9.23%

Bitcoin slides more than 5% after topping $40000


08 Jan 2021

#Bitcoin

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.

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 72.4% 61 $41 774.92 -1.51% -4.69% $790 978 008 201 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 62.4% 77 $3 118.68 -1.45% -7.60% $371 830 760 833 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.2% 1 $1.000320 -0.02% 0% $78 339 642 559 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 73.2% 59 $466.91 -0.67% -4.12% $77 094 686 457 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 90.8% 1 $1.000410 0.03% 0.03% $45 996 617 886 USDC 7 days price change
6 Cardano (ADA) ADA Cardano predictions 72.4% 51 $1.34 -9.23% 3.04% $44 862 610 713 ADA 7 days price change
7 Solana (SOL) SOL Solana predictions 62% 82 $136.01 -3.30% -10.60% $42 727 088 409 SOL 7 days price change
8 XRP (XRP) XRP XRP predictions 68.8% 64 $0.741075 -2.05% -7.24% $35 321 959 717 XRP 7 days price change
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14 Polygon (MATIC) MATIC Polygon predictions 72.4% 59 $2.05 -5.04% -12.70% $15 023 124 537 MATIC 7 days price change
15 Binance USD (BUSD) BUSD Binance USD predictions 96% 1 $0.999348 -0.14% 0% $14 332 300 070 BUSD 7 days price change

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