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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August Surge: Experts Predict Coins That Will Skyrocket Amid Market Uncertainty
The post August Surge: Experts Predict Coins That Will Skyrocket Amid Market Uncertainty appeared first on Coinpedia Fintech News Amidst the current market volatility, seasoned analysts highlight certain cryptocurrencies potentially poised for explosive growth this August. This surge brings a glimmer of hope and excitement to investors seeking opportunities. In the face of economic instability, specific digital coins are catching the eye, promising significant gains. Discover which tokens are set to soar in the upcoming month. CYBRO Presale Surpasses $1.5…
11 months ago
Crypto Market Crash: Early Signs of Recession as Fed Maintains Tightening
The post Crypto Market Crash: Early Signs of Recession as Fed Maintains Tightening appeared first on Coinpedia Fintech News Crypto is down due to the Fed delaying rate cuts, heightened tensions in the Middle East, and a lower likelihood of “crypto president” Donald Trump being elected in November. Austin from Altcoin Daily highlights an alarming crash scenario looming on the horizon. Over $2.9 trillion has been wiped out from the stock market, marking the worst single-day loss since the 2020…
11 months ago
‘Rich Dad Poor Dad’ Author Shares Opportunity For Investors Amidst Market Crash
The post ‘Rich Dad Poor Dad’ Author Shares Opportunity For Investors Amidst Market Crash appeared first on Coinpedia Fintech News Robert Kiyosaki, the famous author of Rich Dad Poor Dad has taken to X to share an important message on the current market events. While the market is crashing, he still sees an opportunity for investors and entrepreneurs. On Friday, the Dow Jones index crashed by 600 points, the Nasdaq plunged by 2.4%, and the S&P slipped 6% from its…
11 months ago
ARB Market Plummets 14%, But New Developments Could Reverse The Trend
Arbitrum resumes its drive downward along with the broader market downturn investors are experiencing today. According to the latest market data, ARB is down nearly 14% since last week, putting more pressure on the bulls to slow the bearish tide. However, there are several developments on the platform that might affect investor perception in the long term. These new deployments might make or break the early half of the month for investors and traders alike. Multiple Projects Now Support Arbitrum…
11 months ago
Popcat Price Rallies Despite Crypto Market Crash – Best Meme Coin To Buy Now?
The crypto market continued its decline on Friday, with the Bitcoin price trading as low as $62,300. The meme coin market capitalization corrected by 4% today, data from CoinGecko reveals. And yet, Popcat is showing impressive resilience, climbing by nearly 5% today to trade at $0.63. Experts believe that the popular Solana meme coin is on the cusp of a major breakout which could catapult it to new highs. Popcat’s mid-cap status means that it shows little correlation with the…
11 months ago
Positive Week Expected for Crypto Market; New Coin Launch Guarantees 1400% Return to Investors
The cryptocurrency market is experiencing renewed optimism following Bitcoin's recent surge, which saw the asset reach $70,000 for the first time since June 12. The industry’s market cap has soared by 1.78% to $2.56 trillion. These developments have boosted market confidence as we head into the new week. Adding to the excitement is the launch of a new bull-themed meme coin, MoonTaurus (MNTR). The newcomer, offered through a dynamic presale, has rapidly raised over $150,000 and is on track to…
11 months ago
Tether Drives Stablecoin Growth to 2-Year High, Market Cap Reaches $164B
The post Tether Drives Stablecoin Growth to 2-Year High, Market Cap Reaches $164B appeared first on Coinpedia Fintech News The stablecoin market has reached a significant milestone, soaring to a two-year high with market capitalization reaching $164 billion. This impressive growth has been driven primarily by Tether (USDT). Tether (USDT) currently dominates the stablecoin market, holding a commanding 70% share. Circle stablecoin USDC holds a 21% market share. Smaller players, including DAI, FDUSD, and TUSD, maintain their presence with smaller…
11 months ago
GRT Market Signals 12% Drop: Is A Turnaround Possible?
GRT’s current situation mirrors the bearishness the broader market is experiencing. Today, the total market cap shows a percentage slip, due to the major cryptocurrencies returning to levels that investors can sustain. On the altcoin side, GRT is one of the tokens that were hit hard by the bears. According to CoinGecko, the token is down nearly 12% since last week, showing exaggerated losses in the face of continuous downward pressure. Although the token’s performance within the market leaves much…
11 months ago
Bitcoin suffers in wake of stock market pull-back
With cracks starting to form in the US jobs market, the major stock exchanges have been taking a tumble. In addition, a major slowdown in hiring, and uncertainty over the Iran Israel conflict, have conspired to take the Bitcoin price down once again. Labour market, stocks, and war weigh on the Bitcoin price In the recent FOMC meeting, Fed Chairman Powell hinted that a first rate cut in September would be likely. On top of this, he even admitted that…
11 months ago