The cryptocurrency market is once again capturing investor attention: Ethereum demonstrates strength, aiming for a new level, while Ripple experiences a modest retreat.
Ethereum (ETH) Price Prediction
The price of Ethereum continues to rise, particularly due to ETF inflows totaling $5.12 billion. Analysts expect ETH to breach the $3,919 level, aiming for new peaks. Expected growth levels range from $4,173 to $4,874, making August a pivotal month for potential rallies.
Ripple (XRP) Price Drop
The recent drop in Ripple's price to $3.16 marked a 3.78% decline, despite a trading volume increase of 8.81% to $7.02 billion. This drop may be linked to traders securing profits amid increasing volatility.
BlockDAG Miner Demo
BlockDAG held a successful demonstration of its new pairing – the X1 mobile app and the X10 miner, which provides mining capabilities of up to 200 BDAG per day. With over 2.5 million users already signed up, this project shows significant potential.
The cryptocurrency market faces various challenges: Ethereum continues to grow while Ripple corrects. BlockDAG showcases real achievements, drawing attention to income opportunities in current conditions.
