WMA: Bitcoin at $17,000, Altcoins Wobble, and Crypto Community Confronts SBF
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 $851 billion. Bitcoin is up by nearly 2% this week. Ethereum gained more than 3% over the past seven days. XRP decreased by nearly 4% this past week. Almost all altcoins are trading in the red, with few exceptions. The DeFi sector increased the total value protocols (TVL) to around $41 billion. Crypto Trends November 28 – December 4, 2022: Market Analysis and Performance The crypto market has had a positive week in many aspects. Firstly, the market capitalization increased by around $10 billion. It’s not much, but it is a step in the right direction. Next, most of its primary assets have recorded small but promising gains. Lastly, the crypto community finally got to confront former FTX CEO Sam Bankman-Fried and obtain some precious answers. Bitcoin started the week sluggishly, flirting with support at...