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 Extends Upside Rally
BTC Price Soars above $45K, While ETH Hits Three-Month High
The BTC price caught a sharp uptrend over the weekend and hit its highest level in months. The BTC/USD pair briefly crossed the $45K mark on Aug 8, hitting intra-trade highs of $45,363 before parrying some gains as investors rushed in to take profits off the table. The benchmark cryptocurrency has embarked on a remarkable run over the past week that has seen it gain over 20% from its low of $37.3K registered at the beginning of this month. The…
4 years ago