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…
Ether Outpaces BTC
Crypto Market Gains $300B as Institutional Investors Re-enter the Market
The BTC price began a fresh increase on Friday and broke the $39K resistance level after remaining well bid at the $38,200 support zone. The world's first digital asset has seen a return to volatility over the past two weeks amid a market recovery that saw the combined market cap of cryptocurrencies lose and then gain approximately $300 billion. The flagship crypto formed a high near $40,920 but parried gains as bulls struggled to gain momentum above the psychological $40K…
4 years ago