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 $1,165 trillion. Bitcoin is up by over 2% after a rollercoaster of a week. Ethereum decreased by almost 1% over the past seven days. XRP gained more than 15% in value this week. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector decreased the total value of protocols…
Crash
McDonald’s Trolls Crypto Twitter Influencers
Bitcoin crashed almost 50%, and McDonald's marketing department is just rubbing it in. "How are you doing, people who run crypto Twitter accounts," they asked on Twitter, as about $130 billion in crypto assets disappeared in 24 hours. Judging by the answers, things are not going that great. Billionaires and crypto exchanged responded with crypto memes and phrases, showing just how bad things are. Crypto exchange Binance perhaps summed up the sentiment best. They responded with an image of a…
1 year ago 2.1 k views
PlusToken Scammers Could be the Reason for Recent BTC Price Crash
On Sunday, BTC saw its worst daily loss since September 2019, declining from $8,900 to $8,000, almost a 10% decline. The decline has continued today, currently trading at $7,705according to CoinMarketcap. Although the price drop was parallel to a lousy day in trading traditional stock, analysts claim that there could be more factors driving the BTC crash. For instance, a trader named Kevin Svenson on Twitter claimed that this sudden crash could not be attributed to sell-offs since the market…
3 years ago 575 views