WMA: Bitcoin and Altcoins Stagnate as the Bulls Simmer Down
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 $1,173 trillion. Bitcoin is down by over 1% after an unremarkable week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 4% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector maintains the total value of protocols (TVL) at around $50 billion. Crypto Trends 3 – 9 April 2023: Market Analysis and Performance The crypto market closes a largely uneventful week as the bulls soft-pedal their recent run. Most assets seesawed slightly in and around the same values they had last week. Moreover, the cooldown is visible in the market capitalization, up by only $1 billion this week. Bitcoin did not manage to maintain the $28,000 level this week. However, the king crypto is not trading too far from it and maintains market dominance despite a ...