Bitcoin
BTC$22 830.69

-4.00%

Ethereum
ETH$1 567.24

-4.81%

Tether
USDT$1.000078

0%

Binance Coin
BNB$307.00

-3.30%

USD Coin
USDC$1.000097

0%

XRP
XRP$0.394679

-4.64%

Stocks lurch pressured crypto on Friday


26 Nov 2021

#Ethereum

The cryptocurrency market opens Friday on a positive note, while traditional markets are experiencing a classic risk-off. Bitcoin has lost 2% since the start of the day, but this pullback has so far only brought it back to Tuesday’s levels at $57.5. Since the beginning of the week, bulls have been buying BTC and ETH on dips, forming higher lows sequence.

However, this support looks like thin ice that may not withstand a heavy, more than 2% drop in key Asian indices from the start of the day on Friday and a decline of around 1% in US index futures. With increased equity market volatility, crypto investors should be on guard.

Because of the institutional love affair, Bitcoin is substantially vulnerable to moments of exit from risky assets when it sells off everything, regardless of the outlook. And its severe sell-off risks dragging the entire cryptocurrency down with it.

From a different perspective, retail investors have developed a reflex to buy crypto on coronavirus fears, with WHO discussing new virus variants and restrictions on air travel. This means that real crypto-enthusiasts and long-term investors in cryptos may consider buying it out of the severe downturn on the exit of traditional financial institutions.


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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 60% 78 $22 830.69 -4.00% -0.52% $440 116 562 399 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 62% 83 $1 567.24 -4.81% -3.79% $191 789 399 777 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 96% 1 $1.000078 0% -0.01% $67 781 342 385 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 71.6% 62 $307.00 -3.30% 0.45% $48 475 686 080 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 95.6% 1 $1.000097 0% 0.02% $42 712 574 255 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 68.4% 65 $0.394679 -4.64% -7.19% $20 051 109 625 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 93.2% 1 $1.000027 -0.04% -0.01% $15 732 612 269 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 63.6% 72 $0.372216 -6.14% -0.88% $12 876 317 286 ADA 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 70% 64 $0.088159 -2.33% -0.57% $11 696 160 812 DOGE 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 91.2% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 65.6% 73 $1.086506 -7.74% 9.11% $9 489 885 842 MATIC 7 days price change
12 Solana (SOL) SOL Solana predictions 56.8% 94 $23.94 -8.40% -1.81% $8 897 955 616 SOL 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 59.2% 81 $6.19 -6.46% -5.92% $7 131 777 560 DOT 7 days price change
14 Litecoin (LTC) LTC Litecoin predictions 70.8% 55 $91.25 -4.07% 1.30% $6 585 562 085 LTC 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 66% 72 $0.062203 -2.41% -0.99% $6 324 607 060 WTRX 7 days price change

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