#August Market Prediction#

Over the past week, the coins in the top 10 largest cryptocurrencies by market capitalization have shown predominantly positive dynamics.
Ethereum, unlike BTC, has shown less volatility and a more stable upward growth. The price reached a new annual high of $4,788 on Thursday, touching a level not seen since December 1, 2021. At the time of writing, ETH was trading around $4,565, finishing the week with an increase of 8.22%.
This week's growth leader turned out to be Cardano. The token surpassed the $1 barrier for the first time in five months, but then pulled back. At the time of writing, it was trading, according to Coinmarketcap, at the approach of the round mark of $1 with an intra-week increase of 21.67%. During the week, information emerged that the chances of approval for a spot ETF on Cardano this year have risen to 80%.
If we disregard the symbolic decline of BTC, the only coin in the top 10 cryptocurrencies that found itself in a slight negative was Ripple. However, the price remains above the $3 mark, despite the mass exodus of whales. At the time of writing, the token was trading, according to Coinmarketcap, around $3.14 with a weekly decrease of 1.4%.