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 Rise
Factors Driving the Price of a Crypto Project to Skyrocket
Cryptocurrencies continue to showcase outstanding crypto performance since the launch of Bitcoin in 2009. As a result, global investors are looking forward to establishing financial stability with digital assets. Due to the growing interest, crypto prices are drastically shifting to the top. Still, in some scenarios, the market trend keeps decreasing for specific periods. A coin's bearish momentum creates fear and panic for users who believe in the future of the asset. The opposite is a bullish market that records skyrocketing prices…
4 years ago
Vivid Indicators of a Bull Run in the Crypto Market (Bull Market)
A bull market is one whereby the prices are expected to rise significantly or are rising. Due to the volatile nature of crypto, the term “bull market” is reserved for extended periods characterized by the rise of a large portion of the prices. To be categorized as a rise, the price must be up 20% after two declines of 20% each. There is optimism, expectations of solid results, and investor confidence in a bull market, among others. The most notable…
4 years ago