Stocks lurch pressured crypto on Friday
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.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 78.8% | 42 | $57 317.30 | 6.05% | 0.30% | $1 082 493 482 173 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 82.4% | 32 | $4 329.98 | 7.71% | 4.10% | $513 241 890 424 |  |
|
| 3 |  BNB |
Binance Coin predictions | 74.4% | 53 | $609.13 | 5.53% | 7.08% | $101 603 589 194 |  |
|
| 4 |  USDT |
Tether predictions | 94.8% | 1 | $1.000821 | -0.05% | 0.02% | $73 181 280 297 |  |
|
| 5 |  SOL |
Solana predictions | 69.2% | 65 | $201.89 | 8.26% | -7.12% | $61 384 548 102 |  |
|
| 6 |  ADA |
Cardano predictions | 67.2% | 60 | $1.59 | 7.07% | -11.22% | $52 994 241 732 |  |
|
| 7 |  XRP |
XRP predictions | 74.4% | 51 | $0.977796 | 7.55% | -5.78% | $46 111 849 720 |  |
|
| 8 |  USDC |
USD Coin predictions | 91.2% | 2 | $1.000263 | -0.02% | 0.06% | $38 400 714 618 |  |
|
| 9 |  DOT |
Polkadot predictions | 66% | 75 | $36.34 | 10.39% | -9.36% | $35 892 371 416 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 62.4% | 74 | $0.205075 | 3.31% | -7.25% | $27 132 327 967 |  |
|
| 11 |  AVAX |
Avalanche predictions | 66.8% | 75 | $113.04 | 7.34% | -14.94% | $25 302 145 754 |  |
|
| 12 |  SHIB |
SHIBA INU predictions | 62% | 77 | $0.000040 | 5.31% | -9.51% | $21 695 676 622 |  |
|
| 13 |  CRO |
Crypto.com Chain predictions | 56% | 90 | $0.763021 | 5.29% | 12.83% | $19 276 211 216 |  |
|
| 14 |  LUNA |
Terra predictions | 64.8% | 72 | $48.97 | 15.39% | 19.64% | $19 240 048 048 |  |
|
| 15 |  WBTC |
Wrapped Bitcoin predictions | 74.4% | 46 | $56 434.66 | 5.79% | -0.91% | $14 304 839 863 |  |
