Cryptocurrencies cautiously creeping upward
Bulls and bears continue to play tug-of-war with varying success. Over the weekend, Bitcoin gave market participants hope for continued gains as it rose to $42,500, but sellers stepped up again, bringing the price back below $40K. Low trading volumes of around $25 billion make Bitcoin vulnerable to manipulation. It may be because of manipulation that we are now seeing the price swing near round value.
Low trading volumes, in general, could lead to a situation where a few large investors can move Bitcoin and the entire market after it. The return of Bitcoin’s hash rate growth may contribute positively. The prospect of rising prices will encourage miners to launch their ASICs in new jurisdictions as quickly as possible. Reduced computational complexity creates a competitive advantage for those who haven’t shut down their equipment or can hurry with relocation.
While the first cryptocurrency continues to play the role of the engine of the crypto market, some developments may still have the potential to impact their own. Ethereum’s recent growth is pegged to the upcoming “London” hardfork, scheduled to take place around August 4th. Ethereum is trading around $2,600, showing an increase of 11% over the week, but we should understand that the price grows before the event and can significantly fall.
XRP is also back in the news field. The project hasn’t been pleasing holders with new partnerships for a long time. And now it has been announced that Ripple will launch a payment corridor between Japan and the Philippines based on On-Demand Liquidity (ODL) for international payments. Although RIpple is not directly related to the XRP token, good news for the company is often positive for XRP price.
Attention during the week will also attract Binance, and despite all the flow of negative news around the exchange, the token BNB behaves surprisingly steady. Market participants are looking at what is happening from a broader perspective, realizing that the current events may be part of a larger plan to IPO.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 76% | 42 | $61 806.77 | 2.08% | -6.02% | $1 221 476 511 790 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 74% | 44 | $2 390.94 | 1.50% | -10.01% | $287 805 387 039 |  |
|
| 3 |  USDT |
Tether predictions | 96% | 1 | $0.999715 | -0.01% | -0.06% | $119 607 932 375 |  |
|
| 4 |  BNB |
Binance Coin predictions | 76.4% | 51 | $553.92 | 2.70% | -9.11% | $80 834 575 478 |  |
|
| 5 |  SOL |
Solana predictions | 73.2% | 55 | $141.10 | 3.77% | -10.28% | $66 101 508 893 |  |
|
| 6 |  USDC |
USD Coin predictions | 96% | 1 | $0.999918 | 0% | -0.02% | $35 545 694 743 |  |
|
| 7 |  XRP |
XRP predictions | 79.2% | 39 | $0.526292 | 0.91% | -10.65% | $29 769 173 506 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 80.8% | 39 | $0.109662 | 5.39% | -11.41% | $16 035 467 686 |  |
|
| 9 |  TRX |
TRON predictions | 93.2% | 1 | $0.157087 | 1.91% | 1.49% | $13 602 299 565 |  |
|
| 10 |  TON |
Toncoin predictions | 73.6% | 49 | $5.37 | 2.72% | -9.39% | $13 601 005 903 |  |
|
| 11 |  ADA |
Cardano predictions | 78.8% | 42 | $0.353039 | 4.15% | -12.89% | $12 340 974 133 |  |
|
| 12 |  AVAX |
Avalanche predictions | 67.6% | 68 | $25.76 | 5.26% | -14.49% | $10 467 343 970 |  |
|
| 13 |  SHIB |
SHIBA INU predictions | 55.6% | 94 | $0.000018 | 9.39% | -12.13% | $10 340 882 743 |  |
|
| 14 |  STETH |
Lido stETH predictions | 91.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 15 |  WTRX |
Wrapped TRON predictions | 95.6% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
