Bitcoin
BTC$69 980.05

-0.89%

Ethereum
ETH$3 542.04

-1.00%

Tether
USDT$1.000055

0.05%

Binance Coin
BNB$608.95

3.26%

Solana
SOL$186.01

-1.00%

XRP
XRP$0.614771

-1.43%

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 76.8% 42 $69 980.05 -0.89% 6.26% $1 376 321 554 485 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 76% 50 $3 542.04 -1.00% 1.71% $425 295 504 407 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.6% 1 $1.000055 0.05% -0.02% $104 510 072 326 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 60% 80 $608.95 3.26% 5.16% $91 059 509 830 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 61.6% 88 $186.01 -1.00% 4.93% $82 665 453 798 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 82.4% 28 $0.614771 -1.43% -2.36% $33 741 219 924 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 94% 2 $0.999937 -0.01% -0.03% $32 488 081 465 USDC 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 70% 66 $0.213182 5.48% 32.70% $30 626 599 420 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 68.8% 66 $0.641810 -1.67% 0.99% $22 838 195 969 ADA 7 days price change
10 Avalanche (AVAX) AVAX Avalanche predictions 59.6% 87 $53.74 -2.07% -3.75% $20 280 952 532 AVAX 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 56.8% 94 $0.000031 -1.88% 11.16% $18 162 954 310 SHIB 7 days price change
12 Toncoin (TON) TON Toncoin predictions 61.6% 87 $4.88 -1.70% 10.03% $16 923 658 045 TON 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 75.2% 49 $9.47 -1.58% 2.49% $13 511 836 957 DOT 7 days price change
14 Bitcoin Cash (BCH) BCH Bitcoin Cash predictions 68% 58 $581.80 2.03% 42.09% $11 451 168 386 BCH 7 days price change
15 Chainlink (LINK) LINK Chainlink predictions 78% 42 $18.91 -2.89% 3.64% $11 099 137 470 LINK 7 days price change

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