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…
Altcoin Season
Understanding Altseason and What to Expect in 2023
Cryptocurrency came into existence in 2009. Since its invention, the market has grown significantly; today, there are over 20000 cryptocurrencies. It has become a competitive market with key industry players and competitors. Further, the industry has developed different terms and phenomena, such as 'Altseason' and 'Altcoins,' which cryptocurrency experts and traders explain. Bitcoin was the first and most significant cryptocurrency. However, several other cryptocurrencies have come up, including Monero, Ethereum, XRP, and Dash, which are all alternative coins. These alternatives to…
5 years ago