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…
Raul Pal
Raul Pal Says There’s a ‘Decent Chance’ For Ethereum To Flip Bitcoin
Former hedge fund manager Raoul Pal said that Ethereum could finish the year above $10,000. However, he also thinks that there is a “decent chance” of “flipping” – referring to Ethereum becoming the most significant crypto by market cap, removing Bitcoin from first place. Moreover, he thinks that Ethereum’s competitors will do even better. Raul Pal is a former Goldman Sachs executive and co-manager or GLG, a London-based global macro hedge fund. He has since retired from his position and started…
4 years ago