Investors watch bitcoin volatility
On Monday, stocks in Hong Kong fell while investors observed bitcoin prices after falling sharply during the weekend. Oil prices surged during Asia trade. As tech stocks declined, the Hang Seng index in Hong Kong dropped 1.27%. JD fell more than 4%, while Tencent was below 2.69%. In early trade, Alibaba shares in Hong Kong dropped approximately 8.5% but later increased slightly to 5.35%. The company announced Maggie Wu’s successor Toby Xu, the company’s deputy Chief Financial Officer, as Chief Financial Officer.
That change will be valid at the beginning of April next year. That happened after Friday’s declines in shares of Chinese companies listed in the US. It resulted from dropping on concerns about the stricter regulatory investigation after Didi declared it would leave the New York Stock Exchange.
Four new stocks, including Chinese JD and Netease, joined the benchmark Hang Seng index. This latest update increased the number of stocks from the current 60 stocks to 64. In the meantime, troubled Evergrande (Chinese property developer) will leave the China Enterprises Index. Evergrande, entangled in debt problems, said that it had received a demand to return approximately $250 million. The company said that if it cannot meet its financial obligations, it might lead to creditors asking for the acceleration of repayment.
Evergrande shares fell more than 13%. However, stocks from Mainland China increased. The Shanghai Composite surged 0.38%, while the Shenzhen component increased by 0.17%.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 93.2% | 3 | $26 626.63 | 1.00% | -0.87% | $516 464 609 849 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 92.8% | 1 | $1 852.70 | 0.57% | -0.88% | $222 751 849 771 |  |
|
| 3 |  USDT |
Tether predictions | 96% | 1 | $1.000082 | 0% | -0.01% | $83 308 309 639 |  |
|
| 4 |  BNB |
Binance Coin predictions | 91.6% | 11 | $264.73 | 1.73% | -13.08% | $41 259 245 686 |  |
|
| 5 |  USDC |
USD Coin predictions | 91.2% | 1 | $1.000009 | 0.01% | 0% | $28 440 495 970 |  |
|
| 6 |  XRP |
XRP predictions | 69.6% | 56 | $0.527114 | 0.42% | 3.72% | $27 403 076 118 |  |
|
| 7 |  ADA |
Cardano predictions | 90% | 7 | $0.324988 | 0.50% | -11.23% | $11 342 559 631 |  |
|
| 8 |  STETH |
Lido stETH predictions | 93.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 92.8% | 8 | $0.067988 | 0.78% | -5.23% | $9 497 028 333 |  |
|
| 10 |  WTRX |
Wrapped TRON predictions | 73.2% | 51 | $0.077603 | 0.68% | 3.24% | $7 890 342 183 |  |
|
| 11 |  SOL |
Solana predictions | 89.6% | 16 | $19.03 | 0.73% | -8.01% | $7 576 221 922 |  |
|
| 12 |  MATIC |
Polygon predictions | 84.8% | 16 | $0.782857 | 1.43% | -12.13% | $7 272 328 244 |  |
|
| 13 |  TRX |
TRON predictions | 74.8% | 49 | $0.077825 | 1.34% | 3.80% | $7 015 200 066 |  |
|
| 14 |  LTC |
Litecoin predictions | 78.4% | 38 | $88.60 | -0.41% | -6.51% | $6 476 473 067 |  |
|
| 15 |  DOT |
Polkadot predictions | 90.4% | 6 | $5.03 | -0.02% | -3.69% | $5 997 807 752 |  |
