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…
BTC Halving
BTC Miners Jittery Over The Coin’s Free Fall and Rewards Cut
BTC miners who are critical to the coin's functioning are starting at massive profit cuts. This is according to a March 13, 2020, Bloomberg report. According to Chris Bendiksen, head of research at CoinShares, the almost 40% decline in Bitcoin’s price this month, has pushed miners into the red. The miners account for a 3rd of all the network's power. Black Thursday Crypto Twitter has christened March 12 ‘Black Thursday’ on crypto following Bitcoin's almost 40 percent plunge. As a…
5 years ago