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 Bull Trap
A Beginner’s Guide to Identifying and Avoiding a Crypto Bull Trap
Cryptocurrencies are a relatively new and exciting investment opportunity and are highly volatile. Prices can swing rapidly, and getting caught up in the excitement of trading is easy. However, the hype may arise without understanding the risks involved. This guide provides basic information on identifying and avoiding a crypto bull trap to invest safely in this exciting market. How to Identify a Crypto Bull Trap Crypto investors are always on the lookout for signs of a bull trap. A bull trap…
3 years ago