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 $2,546 trillion. Bitcoin is down by nearly 1% despite a historic surge this week. Ethereum is up by nearly 5% after setting a new ATH this week. XRP is down by more than 4% after a disappointing week. Almost all altcoins have registered significant gains this week. The DeFi sector surpassed the $100 billion…
Tag: Supply amd Demand
5 Key Factors That Drive The Changing Cryptocurrency Prices In 2020
A central government or authority does not control cryptocurrencies, and they have a fixed supply, which makes their devaluation via inflation mostly nonexistent. Many people consider cryptocurrencies short-lived and unreliable, mainly as it could be unclear what affects their value. Besides, many enthusiasts don't know if it is possible to predict future crypto prices. Crypto prices primarily depend on the value consumers place on them. A positive attitude from society is, therefore, vital to the value of crypto assets. There…
1 year ago
