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…
FOMO
Strong Retail Bitcoin FOMO (Fear Of Missing Out) Surges
The price of Bitcoin is still beneath its psychological level of $10,000 which is said to be a FOMO trigger for a notable cryptocurrency bull rally. However, data shows that retail FOMO is already rising and when this is the case, institutional interest is declining. Market participants are considering the adequacy of retail FOMO to initiate a new bull market as well as the necessity of institutions for a bigger push. Bitcoin has not met the expectations of market participants…
5 years ago
A Guide to Crypto Terminology: Most Common Cryptocurrency Terms
The cryptocurrency space has not been here for quite a while, with only over a decade since introducing the first coin. As a result, a significant population remains clueless about these digital assets, although many are beginning to show interest as the industry gets more mainstream. If you are getting started into cryptocurrencies, you will probably be bumping into terms you never heard of before. However, it can be unsafe when you only see the vocabulary and the complex technology…
6 years ago