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 Spikes
Crypto Market Cap Doubles to a Staggering $2.3 Trillion as ETH Spikes
The general market cap of 9,541 coins had briefly achieved the $2.3 trillion mark on Monday, according to crypto statistics tracker CoinMarketCap. Ethereum drove the rally marking yet another ATH of nearly $3,550. The second-largest digital coin attained an all-time high on 6 May after a jump of about 8% in the last 24 hours. The gain in momentum had begun in the first quarter of 2020 as investors’ craze around Bitcoin and other cryptocurrencies continued. In just almost three…
4 years ago