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…
Bitcoin on a Bullish Streak
Bitcoin on a Bullish Streak Following Twitter’s Renewed Interest in Crypto
Bitcoin has been range-bound since a massive sell-off hit the crypto market through April and May of this year. That retracement wiped out about $1 trillion from the combined market cap of cryptocurrencies and saw BNB, XRP, and DOGE shed approximately 50% off their recent peaks. However, that bearish trend reversed this past week after BTC bulls managed to flip the $30K resistance into support. Although the world's first crypto started the week on a muted note that saw it…
4 years ago