Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Bitcoin Plunges Below $62 000 as Crypto Bulls See $290 Million Liquidations
Bitcoin’s (BTC) attempt at a modest rally during US trading hours on Friday was swiftly quashed. The largest cryptocurrency experienced a sharp drop, falling from $65,000 to below $62,000. This sudden decline triggered a wave of liquidations, erasing $290 million in both long and short positions over the past 24 hours. Bitcoin Sinks Below $62,000 The recovery rally ahead of the FOMC meeting and positive July CPI data fostered a bullish sentiment. However, the long-anticipated rate cut was delayed, with…
10 months ago
Join the thrill of the Free-to-play Copa Challenge on SportsWizard – and compete for a prize pool worth 250 000 USDT
As summer approaches, the excitement for Copa America reaches fever pitch. This year, fans from around the world have an extra reason to be thrilled with the launch of SportsWizard’s exciting Copa Challenge. Hosted on SportsWizard.io, this challenge offers a unique, engaging, and competitive way to experience Copa America like never before. And, to make it even more exciting, there is a 250K USDT prize pool to compete for, and to make it even crazier; it is 100% free to…
12 months ago
Bitcoin Breaks Out of Range to Trade Above $30,000 on July 21
Bitcoin has lost about half of its all-time high value, reached earlier this year, of around $65,000. On the other hand, the bitcoin price is up over 7%, and it broke the USD 32,000 resistance. At the time of writing, BTC was trading at $32,187.71, and the price might accelerate higher. However, the following key resistance is near USD 33,000, above which the price might continue to rise. Bitcoin has failed to exhibit any significant price movements in either direction…
4 years ago