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.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | ![]() |
Bitcoin predictions | 62.4% | 82 | $29 106.25 | -2.42% | 5.31% | $554 291 732 800 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ![]() |
Ethereum predictions | 60.4% | 82 | $1 948.76 | -4.39% | 2.87% | $235 479 609 902 | ||
3 | ![]() |
Tether predictions | 93.6% | 1 | $0.998927 | 0.01% | 0.45% | $74 133 574 134 | ||
4 | ![]() |
USD Coin predictions | 92% | 1 | $1.000000 | -0.02% | -0.02% | $52 342 870 112 | ||
5 | ![]() |
Binance Coin predictions | 60.4% | 84 | $295.00 | -1.85% | 22.08% | $48 166 486 706 | ||
6 | ![]() |
XRP predictions | 67.2% | 71 | $0.409415 | -4.38% | 13.13% | $19 792 398 575 | ||
7 | ![]() |
Binance USD predictions | 92% | 1 | $0.999245 | -0.27% | -0.42% | $18 398 603 846 | ||
8 | ![]() |
Cardano predictions | 65.2% | 79 | $0.514791 | -8.42% | 17.73% | $17 375 510 992 | ||
9 | ![]() |
Solana predictions | 63.2% | 84 | $50.79 | -8.30% | 15.69% | $17 139 777 776 | ||
10 | ![]() |
Dogecoin predictions | 62% | 87 | $0.084252 | -5.17% | 11.85% | $11 177 788 099 | ||
11 | ![]() |
Polkadot predictions | 60.4% | 78 | $9.61 | -8.87% | 19.27% | $9 486 356 576 | ||
12 | ![]() |
Wrapped Bitcoin predictions | 63.6% | 82 | $29 092.16 | -2.40% | 5.58% | $8 144 434 333 | ||
13 | ![]() |
Avalanche predictions | 61.6% | 82 | $29.59 | -11.64% | 6.16% | $7 963 113 848 | ||
14 | ![]() |
TRON predictions | 70.8% | 55 | $0.071826 | -0.02% | -1.60% | $7 007 431 948 | ||
15 | ![]() |
Dai predictions | 93.6% | 1 | $1.000124 | 0.04% | 0% | $6 501 256 168 |
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2022 Crypto-Rating.com
The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.