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…
Weekly Market Analysis
WMA: Bitcoin Soars to $16K While Alts Traded in the Green for Most of the Week
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 $439 billion. Bitcoin rises as high as $16,000 before settling around $15k on the weekend. Ethereum increased by 15% throughout the week before losing points on the weekend. XRP increased by nearly 6% to break beyond the $0.25 level Joe Biden is virtually the new President of the U.S. as other crypto-friendly politicians gain…
5 years ago
WMA: Bitcoin closes in on $14k, most alts plummet and Iran adopts BTC
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 $400 billion. Bitcoin increases by more than 5% to get close to the $14k level Ethereum lost more than 5% of its value to drop below the $400 mark. XRP lost over 7% in value to trade around $0.23 again Iran becomes the first country to use Bitcoin as a medium of exchange. Crypto…
5 years ago
WMA: Bitcoin soars beyond $13,000 after PayPal endorses cryptos
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 $394 billion. Bitcoin registers a new 2020 ATH at 13,217. Ethereum increases by more than 13% to climb above $400. XRP is up by 4.45% to trade above $0.25 again. PayPal announced that it would allow its customers to buy, sell, and store cryptocurrencies. OKEx customers still cannot make withdrawals. Crypto Trends 19th-25th of…
5 years ago
WMA: Bitcoin and Ethereum Remain Bullish Amid Industry Mixed News
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 $358 billion. Bitcoin registers a 0.6% increase to cement its value above $11,000 Ethereum waves off minor fluctuations to continue trading above $370 XRP is down by 6% as it drops beneath the $0.25 level Grayscale Investments attained reporting status for its Ethereum (ETH) trust from SEC. OKEx suspended withdrawals after its founder was…
5 years ago
WMA: Bitcoin is Back after Finally Breaching $11,000 as the CFTC cracks down on BitMEX
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 $358 billion. Bitcoin manages to get above $11,000 and stay there. Ethereum is up by more than 8% as it climbs above $370 XRP is also up by 8% as it breaks the $0.25 resistance level CFTC’s legal charge on BitMEX leads to high-profile resignations and arrests John McAfee got arrested in Spain and…
5 years ago
WMA: Bitcoin drops points, KuCoin gets hacked while the altcoins struggle
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 $339 billion. Bitcoin struggled to reach $11,000 but dropped by 2% towards the end of the week. Ethereum loses only 1.5% and continues to trade around the $350 level. XRP dropped below the $0.24 level, and it is now fighting to get back above it The KuCoin exchange was the victim of a hack…
5 years ago
WMA: Bitcoin fails to impress as the market loses another $10Bn in value
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 $342 billion. Bitcoin trades sideways and struggles to reach $10,800 Ethereum loses more than 12% of its value throughout the week, but it recovers slightly on the weekend. XRP lost 5.5% of its value before recovering briefly on the weekend The DeFi craze continues as the market is winning almost $1 billion per week…
5 years ago
WMA: Bitcoin gets bullish support to trade around $11,000 as Uniswap airdrops a fortune on its users
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 $349.5 billion. Bitcoin increases by 6% over the week to trade around $11,000 Ethereum got a 4% boost in value to reach $385 levels. XRP moved sideways throughout the week and around the $0.25 level Uniswap announced its dedicated UNI token on Thursday and airdropped huge amounts of it to its users. Crypto Trends…
5 years ago
WMA: Bitcoin climbs back to $10,500, the altcoins move sideways and the DeFi’s keep soaring
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 $348 billion. Bitcoin slowly recovers as it reaches $10,500 on the weekend. Ethereum moves sideways with a 4.5% increase on Saturday. XRP gains 4%on its value to reclaim the $0.25 level The DeFi market carries on with impressive value boosts for several assets. Crypto Trends 7th - 13th of September 2020: PERFORMANCE & ANALYSIS…
5 years ago