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…
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The US Infrastructure Bill: Why Is It Bad For Crypto?
The infrastructure bill is a US senate proposed bill that aims to spend over $1.2 trillion developing infrastructure. This bipartisan $1 trillion infrastructure bill results from the years of hard work to improve the American infrastructure systems. It includes lump sum spending on developing roads, rails, power, environment, drinking water, airports, and many more. The main issue with this trillion-dollar bill is the way to fund the projects. In a 2700 page document, the infrastructure bill contains new regulations that…
4 years ago