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…
Wells Fargo
Cryptocurrency Is Entering Hyper-Adoption, According To Wells Fargo
As crypto prices show signs of recovery following a three-month downtrend, some institutions remind investors that they’re still early to the space. Among them is the international American bank Wells Fargo. In a recent report, the company argued that the crypto industry is entering a “hyper adoption phase” like the internet in the mid-1990s. Crypto VS The Internet As stated in the company’s report on Monday, the bank rejects the notion held by some investors that it's “too late” to…
3 years ago