Bitcoin
BTC$100 530.59

2.88%

Ethereum
ETH$3 929.94

6.91%

Tether
USDT$1.000136

-0.02%

XRP
XRP$2.43

4.35%

Solana
SOL$230.01

4.45%

Binance Coin
BNB$717.72

5.24%

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 86.4% 25 $100 530.59 2.88% -1.41% $1 989 946 633 292 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 71.2% 59 $3 929.94 6.91% 2.01% $473 342 384 283 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.6% 1 $1.000136 -0.02% -0.03% $139 761 481 665 USDT 7 days price change
4 XRP (XRP) XRP XRP predictions 55.6% 93 $2.43 4.35% 5.06% $138 977 464 000 XRP 7 days price change
5 Solana (SOL) SOL Solana predictions 80% 38 $230.01 4.45% -1.64% $110 144 514 778 SOL 7 days price change
6 Binance Coin (BNB) BNB Binance Coin predictions 72.8% 53 $717.72 5.24% -0.64% $103 358 351 705 BNB 7 days price change
7 Dogecoin (DOGE) DOGE Dogecoin predictions 71.2% 51 $0.417997 6.37% -4.06% $61 514 936 275 DOGE 7 days price change
8 USD Coin (USDC) USDC USD Coin predictions 93.6% 1 $0.999826 -0.01% -0.02% $41 551 036 928 USDC 7 days price change
9 Cardano (ADA) ADA Cardano predictions 57.6% 85 $1.16 15.10% -2.35% $40 890 525 956 ADA 7 days price change
10 TRON (TRX) TRX TRON predictions 53.6% 94 $0.294299 8.22% -10.42% $25 384 160 807 TRX 7 days price change
11 Avalanche (AVAX) AVAX Avalanche predictions 63.6% 72 $50.35 13.49% -3.07% $20 626 202 711 AVAX 7 days price change
12 Chainlink (LINK) LINK Chainlink predictions 63.2% 77 $28.83 29.26% 20.95% $18 070 985 323 LINK 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 69.2% 69 $0.000029 8.54% -6.64% $17 273 209 565 SHIB 7 days price change
14 Toncoin (TON) TON Toncoin predictions 66.8% 71 $6.49 6.60% -5.29% $16 558 970 773 TON 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 60% 87 $9.42 12.61% -10.06% $14 387 293 920 DOT 7 days price change

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