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…
Altcoins Bullish Trend
BTC Price Must Definitively Reclaim $48K to Confirm Continued Uptrend
BTC is back above $48K after an abrupt breakdown of bullish trajectory saw the king coin shed up to $1,500 in a matter of hours on Aug 25. The world’s first cryptocurrency regained lost ground as quickly as it had slumped. Now, changing hands for $48, 642. That impressive rebound is likely attributable to bullish news from Bloomberg analysts. Some of them predict that the US Securities and Exchange Commission (SEC) could launch a Bitcoin ETF soon. In a Tuesday…
4 years ago
Bitcoin Hits $47.1K as Altcoins Follow a Bullish Trend
The current market charts of the crypto world show some substantial increases in price, especially in the top-performing assets. Bitcoin and Ethereum have been on a long Bull run, and it seems like Cardano and Binance Coin are also following the course. Bitcoin Bullish Trend Bitcoin has, in the last two weeks, been on continuous price recovery. Currently, the coin is trading at around $47.1k, which is a 1.74% rise in 24 hours. However, the coin immediately dropped back to…
4 years ago