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 Movements
A Look at the Recent Price Movements in the Crypto Market
The crypto market had a rocky time this week that saw most top crypto assets shed significant gains. For instance, BTC briefly plunged to a low of $28,600 on Tuesday, erasing almost all the gains it has accumulated this year. However, at its current price of $31,200, bitcoin is still up approximately 14% from this year's low of $27,730. Ethereum is facing strong resistance near $1,850 and has struggled all week to clear that level. On Friday, the world's second-largest…
4 years ago