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 drops briefly below $9,000 as markets brace for COVID-19 sequel
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 $254 billion. ● Bitcoin drops by more than 1.5% and ends the week trading just a few bucks above $9k ● Ethereum started the week on a 1% rebound but finished it on a 4.5% decrease. ● XRP continues to disappoint with yet another drop, this time below $0.18 ● As COVID-19 cases…
5 years ago
WMA: Bitcoin stabilizes above $9,000 as altcoins lose small value chunks
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 $266 billion. ● Bitcoin keeps trading above $9,000, with very few fluctuations. ● Ethereum decreased by 2.3% as it hovers above the $230 mark. ● XRP continues its downtrend as it drops below $0.19 ● The NASDAQ Composite index continues to trade around the all-time high that it hit on June 10th Crypto…
5 years ago
WMA: Bitcoin teases with early surge only to fall below the dreaded $10K barrier again
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 $274 billion Bitcoin jumped to almost $10,500 mid-week but slumped back to $9,400 support Ethereum is pushing against the $245 resistance level for another week XRP falls below $0.20 and loses (again) its 3rd position in the market cap table to Tether Cardano surprises the market with a spectacular increase of 35% Most legacy…
5 years ago
WMA: Bitcoin wobbles again, but did it finally spend its last week under $10k?
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 $269 billion Bitcoin slumped to almost $8,700 but surged back to $9,500 over the weekend Ethereum is flying high on a 10% increase during the week XRP finally climbs above the $0.20 mark and stays there for more than a day Argentina defaults on $65 billion worth of foreign debt Crypto Trends 25th -…
5 years ago
WMA: Bitcoin struggles to make it past the $10k mark as Tether becomes 3rd-highest trading crypto
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 $254 billion. Bitcoin lost almost 4% in a flash crash on Thursday and missed the chance to reach $10,000 Ethereum is up over 3.5% against BTC, and it hints towards $215 XRP price zig-zags across the $0.20 barrier Tether becomes the 3rd-largest trading crypto after overcoming Ripple’s XRP. Crypto Trends 18th - 24th of…
5 years ago
WMA: Post-Halving Bitcoin recovers to hit almost $10,000 while most altcoins trade in the green again
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 $264 billion. Bitcoin resurges after pre-halving scare drop and nears $10,000 level again. The Bitcoin halving took place on the 11th of May at block 630,000 Ethereum price rebounds and surpasses the $200 threshold again. XRP price recovers after a 7% drop last week to go over the $0.20 barrier Crypto Trends 11th -…
5 years ago
WMA: Bloody Sunday as Bitcoin cracks under pressure just 2 days before the halving
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 $242 billion. Bitcoin ends the week with a 20% drop after reaching $10,000 mid-week Ethereum loses almost 12% to trade below $200 once again. XRP price briefly goes over the 0.20 barrier only to drop below it on the weekend Most of the top-20 altcoins are bleeding massively following BTC’s sudden drop. The COVID-19’s…
5 years ago
WMA: Bitcoin returns to near pre-pandemic value while oil price tanks
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 $219,3 billion. Bitcoin almost recovers to trade at its pre-pandemic value of $7,800 Ethereum sees a 10% increase in price compared to last week. XRP price increases by 3% and gets closer to the $0.20 resistance level Crude oil price goes to an unprecedented negative value. China’s digital Yuan attracts the interest of McDonald’s,…
5 years ago
WMA: Bitcoin doesn’t flinch to bad news while China is Launching Digital Yuan
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 $208 billion. Bitcoin returns to trade above $7,000 less than a month before the halving Ethereum ends the week trading above $183 XRP continues its struggle to overcome the $0.20 barrier The OPEC announces the largest historical cutback of crude oil production in history. COVID-19 has now surpassed over 2 million cases worldwide Crypto…
5 years ago