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…
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Crypto Price Analysis 10-11 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, DOGECOIN: DOGE, BITTENSOR: TAO, FANTOM: FTM
The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours. The price had briefly dipped below $60,000 once again late on Friday, dropping as low as $58,930 before recovering and pushing back above $60,000. While BTC traded in the red, Ethereum (ETH) registered a marginal increase, along with Solana (SOL), which managed to reclaim the…
8 months ago
Binance Coin ($BNB), Fantom ($FTM), THORChain ($RUNE) – good time to buy?
When/if Bitcoin ($BTC) makes its next upside move, some of the more fundamentally sound altcoins have the potential to outperform. Binance Coin ($BNB), Fantom ($FTM) and THORChain ($RUNE) are among them. Is now a good time to buy? Bullish price action for $BNB Source: TradingView The $BNB price action is looking quite bullish thus far. A series of higher highs and higher lows has taken the price from $472 to the current $572. The price has just bounced from the…
8 months ago
$SUI, $INJ, and $FTM lead the altcoin revival
Following the lead of Bitcoin (BTC), the altcoins are starting to break out and recover their lost gains of the last six months. $SUI, $INJ, and $FTM are among the altcoins currently making the fastest progress to the upside. Altcoins market capitalization breaks out and retests Source: TradingView Total3 charts the combined market capitalization of all the altcoins, minus $BTC and $ETH. It can be seen that there has been a breakout of the bull flag, and that the price…
8 months ago
Fantom Gains Significant Price Movement, FTM Investors Look For More Profits In New A.I Casino
Fantom (FTM) has experienced remarkable price movement recently, attracting the attention of investors seeking new opportunities for growth. As the momentum builds, many Fantom (FTM) investors are looking to diversify their profits by exploring new and innovative projects like Mpeppe (MPEPE), an A.I.-powered casino cryptocurrency. Mpeppe (MPEPE) is set to revolutionize the online gambling industry with features like decentralization, immutable blockchain technology, and smart contracts, offering a seamless and secure gaming experience. Here’s why Fantom (FTM) holders are shifting their…
9 months ago
Fantom To $2: Here’s What’s Driving The FTM Price Recovery
Fantom (FTM) is enjoying much bullish momentum at the moment, and the odds of the coin rising to as high as $2 has increased. The FTM price recovery is thanks to Fantom’s fundamentals, which have sparked a positive sentiment among investors. What Is Driving The FTM Price Recovery Fantom’s price recovery is mainly driven by its bullish fundamentals, especially the imminent launch of the Sonic network. In a recent blog post, Sonic Labs announced that Sonic’s launch is scheduled for…
9 months ago
FTM Rockets 17% Amid Growing Interest In Fantom Ecosystem
Fantom (FTM) has been soaring 17% over the past week, on a quite decent trend, with strong support recorded in the area of $0.47-$0.48, data from IntoTheBlock indicates. This suggests that the price jump may be connected to increased demand and growing network interest. Approximately 1,560 addresses bought 242.56 million FTM tokens in this range, thereby providing a firm base for the recent run. Crypto trader Mister Crypto mentioned the network’s ongoing development, saying, “It’s one of my major holdings,…
9 months ago
Sui (SUI) and Fantom (FTM) among first altcoin breakouts
With the first Fed rate cut coming in tomorrow’s FOMC meeting, the change to a looser monetary cycle is beginning. Bitcoin and crypto are likely to be beneficiaries of this easing. Two altcoins already out of the blocks are $SUI and $FTM. Can their breakouts continue? With a Fed pivot on the brink of taking place, the best time for getting into some of the high-potential altcoins was probably a few weeks ago. That said, for those not wanting to…
9 months ago
Can $INJ, $THETA, and $FTM get back to their highs?
Some of the altcoins that performed well in the last crypto bull market are still languishing, at a stage that is probably more than halfway through the current bull market. $INJ, $THETA, and $FTM are three altcoins that need to start proving themselves, or face a torrid bear market. $INJ in good shape Source: TradingView Of the three altcoins mentioned above, Injective Protocol ($INJ) is in by far the best shape. In fact, besides the fact that the $INJ price…
9 months ago
Crypto Price Analysis 9-4 BTC, ETH, SOL, FTM, TAO, TIA
Major cryptocurrencies plummeted after major US stock indexes closed significantly lower on Tuesday. The plunge was led by Nvidia (NVDA) and other chipmaker stocks, as September began on a weaker-than-expected note after a strong finish to August. As a result, crypto markets tanked as well, with major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Polkadot (DOT), and others registering substantial declines. BTC dropped almost 5% over the past 24 hours, while ETH fell by almost 6%, plunging below the…
9 months ago