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…
Crypto Bubble
What Does “Crypto Winter” Mean?
In 2013, BTC investors had a perfect reason to panic as they saw the flagship crypto fall about 80%. After the crypto's price plunged, enthusiasts had to wait until 2020 to regain its previous highs. Thus, until 2018, the digital currency market was experiencing a crypto winter. Crypto Winter refers to a period whereby the prices of Bitcoin and other digital assets remain low after a price crash occurs for long periods. Some individuals and organizations interested in the so-called…
4 years ago