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…
Cryptocurrencies Rebound
Top Cryptocurrencies Rebound From Massive Weekend Selloff
The wider crypto market endured an intense selloff this past weekend, with major digital assets such as BTC, ETH, and ADA parrying massive gains. The catalyst for the weekend slump was miners in China, who account for about 70% of the bitcoin supply, halting operations after authorities reaffirmed their commitment to crack down on the emerging sector. Following China's renewed hostile stance on crypto mining, major exchanges such as Huobi announced that they would suspend cryptocurrency mining and some trading…
4 years ago