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…
COVI-19
What the Coronavirus Means for the Crypto Market
As the Coronavirus continues to wreak havoc on the global economy, there appears to be momentum gaining in the crypto market. This growth has led analysts to examine the effects of the global pandemic on cryptocurrency adoption and development. Interestingly, Covid-19 appears to highlight some of the crypto’s best qualities. Coronavirus Pandemic For anyone who just returned from outer space, the world is currently in the grips of a global pandemic officially labeled Covid-19. This highly contagious virus is responsible…
5 years ago