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…
XRP Investors
The Average Loss of XRP’s Investors May Soon Soar
Over the previous couple of years, XRP has been struggling to have a remarkable upside increase while several larger cryptocurrency assets were able to recover most of their losses. The performance of XRP is such that it is still on the downside by about 95 percent from its highs. The cryptocurrency boom observed towards the end of 2017 propelled XRP to the upside, attaining price levels as high as $3.80. However, the rally was not sustainable as it encountered a huge resistance…
5 years ago