BTC / USD
36,659.27
0.45%
(-166.82)
ETH / USD
2,421.17
0.94%
(-23.03)
XRP / USD
0.61
1.09%
(-0.01)
LTC / USD
107.07
2.58%
(-2.84)
EOS / USD
2.19
0.08%
(-0)
BCH / USD
288.10
1.26%
(-3.68)
ADA / USD
1.03
4.45%
(-0.05)
XLM / USD
0.19
0.56%
(-0)
NEO / USD
18.00
0.1%
(+0.02)
XEM / USD
0.10
1.73%
(-0)
DASH / USD
89.63
0.83%
(-0.75)
USDT / USD
1.00
0.1%
(0)
BNB / USD
380.61
2.52%
(+9.35)
QTUM / USD
5.51
1.5%
(+0.08)
XVG / USD
0.01
3.53%
(0)
ONT / USD
0.45
0.06%
(-0)
ZEC / USD
90.69
3.81%
(-3.59)
STEEM / USD
0.29
2.11%
(+0.01)

BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB

0


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Bitcoin (BTC) and most major altcoins sold off along with global equity markets and crude oil on Nov. 26. The markets were roiled on news of a new coronavirus variant detected in South Africa that is worrying scientists due to its large number of mutations in the spike protein.

The sharp fall has resulted in cross-crypto liquidations of over $750 million over the 24-hour period but the funding rates across exchanges remain elevated. This suggests that the selling may not be over yet.

Daily cryptocurrency market performance. Source: Coin360

Bitcoin’s monthly close for November is most likely not going to hit analyst PlanB’s worst-case scenario of $98,000. This will be the first miss after the model had accurately predicted the end-of-month price levels for August, September and October. However, the stock-to-flow model creator believes that the target objective of $100,000 for Bitcoin in this halving cycle still holds good.

Is the current decline a mouthwatering Black Friday deal or the start of a short-term bear phase? Let’s study the charts of the top 10 cryptocurrencies to find out.