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…
Worldwide Markets
How Past Epidemics Shook Financial Markets and How Much Can Coronavirus Infect Bitcoin
Coronavirus is set to impact the cryptocurrency market for the foreseeable future. The jury is still out on how quickly Bitcoin and other digital assets will recover from the current viral outbreak in the long run. However, we can get a glimpse into the future if we look into how other epidemics affected global financial markets. How much do widespread diseases derail markets, and will Covid-19 infect Bitcoin? We aim to give a preliminary assessment of the Coronavirus's potential impact…
5 years ago