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…
ETH Could Draw a Major Pull Back
Why Experts Believe that ETH Could Draw a Major Pull Back
Ether prices are rising, supported by robust Decentralized Finance (DeFi) output. Considering that it didn't exist a few years ago, the overall ecosystem value rose almost 90 trillion dollars, an outstanding performance. Maker, Aave, and Compound TVL have increased to over $10 billion, with over 17 projects having TVLs over $1 billion. ETH prices are also increasing as investors expect the most recent US inflation. In general, there are predictions that the price of supply shortages, higher commodities, and the…
4 years ago