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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Ethereum Spot ETF Sees $98M Inflow Amid Bullish Market Moves
The post Ethereum Spot ETF Sees $98M Inflow Amid Bullish Market Moves appeared first on Coinpedia Fintech News On August 6th, the Ethereum spot ETF witnessed an impressive net inflow of $98.30 million, signaling a robust confidence in $ETH among investors. The Grayscale ETF ETHE saw an outflow of $39.73 million, suggesting some sell-offs in the market. However, the BlackRock ETF ETHA attracted a significant inflow of $110 million, showcasing bullish sentiment. Additionally, the Fidelity ETF FETH contributed an inflow…
10 months ago
Crypto Market Successfully Reclaims $2 Trillion Mark, Bitcoin Hits $57K, Ethereum Surpasses $2.5K!
The post Crypto Market Successfully Reclaims $2 Trillion Mark, Bitcoin Hits $57K, Ethereum Surpasses $2.5K! appeared first on Coinpedia Fintech News The cryptocurrency market has made a bullish recovery by adding approximately 2% in valuation within the past 24 hours. This resulted in it surpassing the market capitalization of $2 Trillion. Moreover, the market leader, Bitcoin price has recorded a jump of 2.56% with a trading volume of $47.848 Billion, a change of -49.53%. On the other hand, the ETH…
10 months ago
Aave Protocol Unfazed By Market Jitters, Surges 21%
Crypto lending protocol Aave restarts its bullishness as the market resets. AAVE, the namesake token of the platform, surged to nearly 20% in the past 24 hours, capturing the momentum of the broader market which is still up by over 5% since yesterday. Aave’s recent developments also contributed to this rally. However, the broader crypto-finance market might be in disagreement with the platform’s current performance. $200 Million In Market Size Unlocked On Aave Lido Finance, a crypto staking platform, recently…
10 months ago
Market Comeback Amid Ripple’s Legal Victory and Japanese Stock Recovery – Buy Now These 5 Altcoins Poised x10 for Q4 Growth
As market optimism surges following Ripple's legal success and a rejuvenation in Japan's stock sector, the spotlight turns to five altcoins with explosive potential. These digital currencies are primed for remarkable growth in the last quarter of the year, offering lucrative opportunities for savvy investors. Explore which coins could see returns multiply tenfold. Ripple (XRP) XRP is currently trading between $0.47 and $0.62, navigating the dynamic forces of the market. Despite a recent drop of over 16% in the past…
10 months ago
Helium (HNT) Stays Afloat With 31% Gains Amid Crypto Market Mayhem
After the market’s extreme overreaction yesterday, Helium, and the entire crypto market, booms in value. According to the latest market data, HNT rocketed up by 31% in the past 24 hours representing a strong flip from bearish to bullish. Helium’s recent performance can be attributed to a strong investor base, built over the years by constant innovation that was only overrun by market anxiety since the market’s correction phase. Despite this, the platform has continued to innovate despite the lingering…
10 months ago
Solana (SOL) still the stand-out play for this crypto bull market
Solana($SOL) suffered a 42% reversal in the space of less than 2 weeks. However, the $SOL price has seen one of the strongest reactions over the last couple of days, with a 26% bounce so far. Will $SOL continue to leave $BTC and $ETH in the shade over the rest of this bull market? Solana major tech still to come Solana is catching Ethereum, and it is outperforming Bitcoin. We are arguably more than half way through this current bull…
10 months ago
Bitcoin Bounces Back: Is a New Bull Run Looming Amid “Extreme Fear” in the Market?
The post Bitcoin Bounces Back: Is a New Bull Run Looming Amid “Extreme Fear” in the Market? appeared first on Coinpedia Fintech News After a big crash in the crypto market on Monday, August 5, things are starting to look up. Bitcoin’s price has climbed above $55,589, which is a 12.2% increase from its lowest point yesterday. This improvement is due to the US futures market, which has shown signs of recovery and brought some hope back to investors. At…
10 months ago
Is the Crypto Crash Over? Market Recovers with Impressive $2 Trillion Cap
The post Is the Crypto Crash Over? Market Recovers with Impressive $2 Trillion Cap appeared first on Coinpedia Fintech News The crypto market has significantly rebounded from Monday’s crash despite the heightened forced liquidation of leveraged traders. Led by Bitcoin (BTC) and Ethereum (ETH), the crypto market registered heightened trading volume in the past 24 hours. For instance, Bitcoin recorded a more than 90 percent rise in daily average traded volume to about $93 billion. Consequently, Tuesday’s total crypto market…
10 months ago
What’s Next For Ripple (XRP) And Cardano (ADA) As Crypto Market Crash!
The post What’s Next For Ripple (XRP) And Cardano (ADA) As Crypto Market Crash! appeared first on Coinpedia Fintech News With the rising FUD for a global recession around the world, the cross-border markets have experienced a significant correction in their respective portfolios. Moreover, market leader Bitcoin price has recorded a 24-hour low of $49,121.29. Following this, top altcoins have recorded a similar price action and have plunged below their important support levels. Ripple’s XRP and Cardano’s ADA tokens were…
10 months ago