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 Price Gains
BTC Price Gains Pace above $40K, While ETH Prints Bullish Pattern
Over the past 24 hours, BTC prices corrected lower below the $38K support level and even dipped toward $36,500. Despite bitcoin forming a low near $36,400, the bulls remained active, resulting in a clear break above several key resistance levels. Consequently, the world's first cryptocurrency hit highs of $40,520 on Tuesday night. The coin has now sealed eight straight green daily candles in a week as market sentiment flipped bullish, prompting quantitative trader Sam Trabucco to react. The prominent crypto…
4 years ago