In the past several months, there has been a lot of negative news surrounding cryptocurrency. Even so, cryptocurrencies have already rebounded. In the first week of August, the total market value remained above 100 million dollars. There is also some good news that may see a rebound in all cryptocurrency markets in all months.

One of them is BlackRock, one of the major equity investment funds, which has entered cryptocurrency. This intermediary with more than $100 million in management assets is looking for collaboration with Coinbase. The strategic partnership is committed to creating a service platform, according to which investors who form part of BlackRock's customer base can access the data encryption market. This is not only the major news of all cryptocurrencies, but also creates an excellent opportunity for many large and medium-sized cryptocurrencies to rebound within the month. This is mainly because the main funds focus on large and medium-sized cryptocurrencies.

If you expect to bet on various cryptocurrencies, please remember the following aspects in all months.

ETH

If BlackRock Information has a positive effect on the market, ETH is one of the top bitcoins that may rebound in August. This is mainly because, apart from market information, Ethereum still has a lot to do. One of them is the upcoming joint venture. Finally, Ethereum will operate in the way of Eth 2.0. In addition, Ethereum is one of the cryptocurrencies that BlackRock institutions are likely to purchase. This is because it is exactly one of the most secure cryptocurrencies after Bitcoin. Ethereum surpassed Bitcoin in August, so this trend is likely to continue.

Cardano（ADA）

Cardano (ADA) is also one of the cryptocurrencies whose price may change with BlackRock's news report. One reason Cardano attracts customers is that it is relatively highly decentralized. After the recent problems seriously affect the high-profile cryptocurrency, blockchain technology is likely to become the core of cryptocurrency investment in the future. The Cardano development team also announced some important short-term updates, not only for the impact on the organization's funds. It may also generate driving force for Smart in August.

Bitcoin (BTC)

Bitcoin (BTC) is a huge cryptocurrency and a significant choice for organizing currencies. Therefore, BlackRock is now interested in the data encryption market, and Bitcoin can make great profits. Bitcoin has already shown signs of being proactive.

After falling below 20000 dollars a while ago, it has rebounded. At this stage, it has remained above 22 million dollars in all August. It is also reported that most of the Bitcoins in existence at this stage are gradually withdrawn from the trading center, which also makes the cryptocurrency ranking first relatively lack of liquidity.

Therefore, if investors such as BlackRock are interested in Bitcoin, its value may increase significantly. Even for a small order, BTC may achieve an unexpected price within a month.