Crypto.com Coin Trading forecasts and signals

According to the results of the week that ended, almost all cryptocurrencies were in the black. Bitcoin overcame the key resistance of $40,000 and reached the level of 41400. Ethereum strengthened to $2580, and the price of XRP reached 75 cents. The total capitalization of the cryptocurrency market has increased to $1.65 trillion.As a result of the next recalculation, the complexity of bitcoin mining increased by 6.03%. The indicator reached the level of 14.5 trillion hashes. This is the first increase in complexity since May 13, when the indicator peaked at 25.05 Tons. After that, the indicator was consistently reduced, first losing 16%, and then another 5.3%. The subsequent drop turned out to be a record - 27.94%. Then the difficulty decreased by 4.8%. The complexity correlates with the bitcoin hashrate, which began to fall in May, after problems with the energy supply of miners in the Chinese province of Sichuan, one of the world's leading centers of cryptocurrency mining at that time. The computing power of the digital gold network continued to decline as the Chinese authorities began to crack down on the industry in the country. But in July, the hashrate began to recover against the background of the return of miners to the network of equipment, who moved business from China to other jurisdictions.According to the company's report Crypto.com in the first six months of 2021, the number of cryptocurrency users worldwide has more than doubled and reached 221 million in July. The number of users has almost doubled in just four months. The main driver from January to April was the bitcoin rally, analysts say. During this period, the growth was fueled by the statements of such large companies as PayPal, MicroStrategy, Visa and Mastercard, about the acquisition or plans to support cryptocurrency. In May and June, the user base of Ethereum already showed significant growth. During this period, institutional investors continued to speak in favor of the second-largest coin by capitalization. In May, there were events that eventually turned the trend around – Elon Musk's criticism of bitcoin correlated with a drop in both the asset price and the number of users. On the other hand, the indicators of altcoins have increased. For example, the number of Dogecoin and Shibaswap owners has increased by 50%. In the UK alone, the local financial regulator counted 2.3 million crypto investors. According to the survey, about 10% of adults in the country own digital assets, and 11% plan to purchase them within a year.At the same time, the People's Bank of China said that it is necessary to maintain increased pressure on the hype around digital asset trading. The regulator highly appreciates its own success in the tough fight against illegal activities in the field of virtual currencies and promises to continue monitoring financial platforms, as well as to prevent the emergence of a trading frenzy. The Chinese authorities launched a fight against cryptocurrency trading in 2017 and have since periodically returned to this issue. In May of this year, three major financial associations of the country confirmed their desire to follow the established rules and monitor their compliance among their participants. The Central Bank's document is about maintaining, not strengthening, control over the cryptocurrency industry. This may imply that no serious new measures will be introduced, but existing ones will continue.In the forecast for the next week, we expect further growth of Bitcoin to the resistances of 41700, 42000, 42500, 43000 and 44000 dollars. Ethereum will rise to the levels of 2600, 2650, 2680, 2700 and 2750 dollars, and XRP - to the levels of 76, 78, 80, 82 and 84 ...