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…
Price Forecast
WMA: Bloody Sunday as Bitcoin cracks under pressure just 2 days before the halving
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $242 billion. Bitcoin ends the week with a 20% drop after reaching $10,000 mid-week Ethereum loses almost 12% to trade below $200 once again. XRP price briefly goes over the 0.20 barrier only to drop below it on the weekend Most of the top-20 altcoins are bleeding massively following BTC’s sudden drop. The COVID-19’s…
5 years ago
The Current BTC Trading Range May Provide Remarkable Insight on Its Trend
Recently, Bitcoin and the entire crypto markets experienced some turbulent moments. Nevertheless, following the moments, BTC remained within a firm trading range, thereby engaging in consolidation in the previous several days. Analysts say that at the boundary of this trading range, BTC’s price can provide remarkable insight into the direction of this crypto and the entire crypto markets for the first part of the year. At press time, BTC’s price got on the upside by more than 4% at $7440,…
5 years ago
Bitcoin loses $7,5K Support as 17 Major Altcoins follow its Downtrend
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $203 billion. Bitcoin recovers from the $7,200 slump, but it struggles to get over the $7,500 barrier. Ethereum loses ground in its battle with the $150 hurdle. Ripple follows the market’s downtrend with a loss. Litecoin loses the $50 support and retreats towards the critical $38 level. Crypto Trends 2nd- 8th Dec 2019: PERFORMANCE…
5 years ago