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…
When Bitcoin Could go to Zero
Scenarios When the Value of Bitcoin Could go to Zero
There's no doubt that bitcoin is the most valuable crypto asset of our day. According to coinmarketcap, the price of Bitcoin was around $21k, with a market cap was almost $402 billion, more than twice the value of the second-largest crypto asset, Ethereum. Bitcoin's market capitalization is larger than the value of the first ten altcoins combined. Expert analysts have predicted that the price of bitcoin in the future could increase to about $250k. Looking at the past market charts…
4 years ago