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 $1,09 trillion. Bitcoin is up by over 2% to reach around $27,200. Ethereum increased by nearly 6% to close to $1,700. XRP gained almost 2% in value during a highly volatile week. Almost all altcoins are trading in the green, with virtually no exceptions. The DeFi sector maintains the total value of protocols (TVL)…
Bearish Period
ETH Price Declines as Crypto Markets Trace a Bearish Trend
Ethereum was on Thursday 26th, still on a bearish trend which marked its start on 23rd August. The current price actions of ETH could open for an even further price plunge or a possible reversal. Also, Ethereum's price patterns impacted top DeFi coins. Ethereum Price Analysis Ethereum, the second-largest crypto by market cap, was on Thursday, still on a bearish trend. According to coinmarketcap, ETH lost about 4.18% of its price in 24 hours between 25th and 26th of this…
2 years ago 
959 views
Ethereum Showing Steady Retracement After a Slightly Long Bearish Period
Ethereum, the second-largest crypto by market cap, has recently been retracing, with the coin's price standing at around $2,171 as of writing this report. This price action comes after a long bear pattern that scared away many investors, leaving many to think the asset could continue tanking. Instead, the primary cause of this bullish move was Elon Musk's influence. Ethereum's Retracement The buying pressure of Ethereum increased on Thursday by a tremendous rate, with investor confidence being high in many…
2 years ago 765 views
