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…
Outperforming Bitcoin
Report Shows Stocks are Outperforming Bitcoin in 2021
Recently collected data shows Moderna (MRNA), a pharmaceuticals firm, outperformed bitcoin by 243.87%. The data came from a year-to-date basis based on Finbold's Bitcoin ROI tool. It also showed the role of the firm in the wake of the COVID-19 pandemic. The rising popularity of Bitcoin has put it in a position of competition with traditional stocks. However, despite the surging value of this cryptocurrency in 2021, select stocks from the conventional sector have outperformed the asset. The Coronavirus pandemic increased…
4 years ago