BTC$28 321.68


ETH$1 817.69




Binance Coin


USD Coin




Bitcoin began a correction, but there is nothing to fear for now

27 Aug 2021


The bitcoin price is declining, dropping to $47K to its lows from last week, failing to gain support from buyers after rising above $50K earlier in the week. From the lows of July, when the price briefly dipped below $30K, the rate is up 72%, peaking at the start of the week, so a corrective pullback offset some of the short-term overheating. Further declines down to $42K-$44K are not beyond the market’s usual pullbacks, but a deeper dive would bring back a more negative scenario.

The hash rate recovery is worth paying attention to. According to the latest data from CryptoQuant, computing capacity on the Bitcoin network has tripled from lows a few months earlier, when it fell on the expulsion of miners from China. The hash rate recovery has been attributed to the rise in price, as it means the network is becoming more secure.

We are highly likely to approach the point where new rules for the crypto market and exchanges will come into effect. No one wants to “stifle” the technology in its early stages of development, and now, paying for services with Bitcoin or Ethereum is very complicated and expensive for ordinary users. Still, you must understand that the growth of an active user base will change the attitude of regulators.

The wave of mass implementation of cryptocurrencies in everyday life will likely come from South America and the Middle East. Despite recent events in Afghanistan, the country has been listed as a promising destination for cryptocurrency adoption. Another positive factor can be seen in the news that U.S. banking giant Citigroup is waiting for regulatory approval to launch Bitcoin futures trading on the CME.

The bank is facing a surge in demand for cryptocurrency as the price of digital currencies rises. Futures themselves don’t necessarily carry a positive for the price, but market participants are always positive about the acceptance of cryptocurrencies by traditional finance.


HFM Introduces New Virtual Analyst
HFM Introduces New Virtual Analyst
Bitcoin retreats below $25000
Bitcoin retreats below $25000
The nice Bitcoin technique
The nice Bitcoin technique
Bitcoin falls below $20000
Bitcoin falls below $20000
Bitcoin falls below the $22000
Bitcoin falls below the $22000
Powell's speech deepens bitcoin correction
Powell's speech deepens bitcoin correction
Copy Trading Strategies: How to Start Successful Copy Trading
Copy Trading Strategies: How to Start Successful Copy Trading
Which Citizenship by Investment Programs are Crypto-Friendly?
Which Citizenship by Investment Programs are Crypto-Friendly?
Pressure on BTC at the $21500 level
Pressure on BTC at the $21500 level

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 71.6% 54 $28 321.68 2.28% 8.48% $547 363 076 214 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 78.8% 39 $1 817.69 3.62% 5.68% $222 437 708 965 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 90.8% 1 $1.001105 -0.07% -0.18% $78 572 798 041 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 70.8% 51 $325.66 0.31% -1.61% $51 419 192 454 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 92% 2 $0.999778 0.08% -0.02% $34 416 346 579 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 84.4% 21 $0.434678 -3.53% 17.51% $22 147 264 021 XRP 7 days price change
7 HEX (HEX) HEX HEX predictions 62% 82 $0.111054 -9.71% 27.40% $19 257 973 692 HEX 7 days price change
8 Cardano (ADA) ADA Cardano predictions 74.8% 44 $0.367937 -0.76% 10.36% $12 775 060 278 ADA 7 days price change
9 Lido stETH (STETH) STETH Lido stETH predictions 90.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 73.2% 51 $0.076721 1.67% 2.49% $10 178 610 379 DOGE 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 76.8% 47 $1.15 2.04% -3.24% $10 016 033 654 MATIC 7 days price change
12 Solana (SOL) SOL Solana predictions 72% 52 $22.02 1.29% 9.81% $8 449 847 577 SOL 7 days price change
13 Binance USD (BUSD) BUSD Binance USD predictions 93.2% 1 $0.999969 0.04% -0.06% $8 063 768 426 BUSD 7 days price change
14 Polkadot (DOT) DOT Polkadot predictions 72.4% 49 $6.33 2.46% 0.91% $7 401 853 780 DOT 7 days price change
15 Litecoin (LTC) LTC Litecoin predictions 71.6% 59 $95.37 8.32% 16.29% $6 919 022 798 LTC 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2023

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.