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…
Market decline
The Decline in Crypto Markets May be A Sign of Something Greater Yet to Come
Bitcoin and the rest of the crypto market have in the past weeks experienced huge value downswings. The gains at the start of 2020 have been all but wiped out in most altcoins thanks to the recent declines. Most of these major cryptos are otherwise getting closer to their critical support levels, a sign that a huge upswing might be around the corner. The same support levels also seem to occur simultaneously with the tremendous barrier that the entire crypto…
5 years ago