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…
NANO
Bitcoin still Consolidating, but Monero and Nano Looking for Growth
Key Takeaways BTC still ranging, testing support indicative of buyer exhaustion. Monero seeks to develop a bullish market structure. Nano has broken out of the 3-month range. BTC/USD Daily 1 BTC/USD Hourly 4 Bitcoin has been ranging for 2 weeks between the $9k and $9.4k mark. It has struggled to remain above or below this range multiple times, and now bears are taking another shot at breaking the lower support line at $9k. If this support level breaks, Bitcoin will…
6 years ago