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…
Understanding Bitcoin Futures
Understanding Bitcoin Futures and How They Affect BTC Prices
It has been an eventful few months within the crypto market. Most cryptocurrencies, Bitcoin (BTC) included, have surged to new highs before crashing back down. Unfortunately, this volatility is not unusual for the sector and lies an excellent opportunity. While some crypto enthusiasts sweat over Bitcoin's unpredictability, others see possibilities to make a killing. And they're doing that through Bitcoin futures, a speculative BTC trading strategy that utilizes the volatility of the crypto. So what are Bitcoin futures? How do…
4 years ago