Bitcoin
BTC$16 850.61

2.23%

Ethereum
ETH$1 264.86

4.07%

Tether
USDT$0.999917

0.02%

Binance Coin
BNB$299.27

-1.26%

USD Coin
USDC$0.999988

-0.01%

Binance USD
BUSD$1.000272

0.01%

Investors watch bitcoin volatility


07 Dec 2021

#Bitcoin

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%.


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# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 61.2% 80 $16 850.61 2.23% 2.05% $323 880 775 090 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 65.2% 79 $1 264.86 4.07% 8.41% $154 786 411 293 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.4% 1 $0.999917 0.02% 0.08% $65 357 268 959 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 70% 67 $299.27 -1.26% 0.72% $47 873 891 086 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $0.999988 -0.01% -0.02% $43 305 846 022 USDC 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 92.4% 1 $1.000272 0.01% 0.02% $22 171 401 519 BUSD 7 days price change
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11 Polygon (MATIC) MATIC Polygon predictions 62.4% 72 $0.868577 3.45% 1.53% $7 586 427 443 MATIC 7 days price change
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15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 69.2% 66 $0.053816 0.24% 5.92% $5 471 826 904 WTRX 7 days price change

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