BTC$28 321.68


ETH$1 817.69




Binance Coin


USD Coin




Cryptocurrencies cautiously creeping upward

03 Aug 2021


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.


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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 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

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