#BTCvsMarkets
View in browser
Weekly Crypto Market Update
BTC $94,920 | ETH $1,793 | XRP $2.20 | Total Market Cap: $3.07 Trillion
It was just over two weeks ago when the predominant sentiment in the cryptocurrency market was whether the bull run had ended prematurely, as BTC’s price had tumbled to a five-month low of under $75,000. Now, the asset is pushing above $95,000.
A big portion of those gains came in the past week. As we explained in the Market Update from last Friday, the previous week went rather calmly, with BTC’s price trading sideways around $85,000. The weekend was similar, but the bulls stepped up on the gas pedal on Monday and didn’t look back.
At the time, bitcoin jumped by over three grand and broke out of its tight range where $86,000 played the role of an upper boundary. Just a day later, the cryptocurrency shot up past $90,000 for the first time since early March, and the gains kept on coming.
Perhaps driven by some reports claiming the trade war between the US and China had calmed, at least for the time being, bitcoin flew past $95,000 earlier today to mark a two-month high. Naturally, the sentiment has changed once again, and the crowd is now asking whether $100,000 will fall next and when we will see a new all-time high.
Read The Full Market Update
Advertisement
Price Analysis: ETH, XRP, ADA, SOL, and HYPE
This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Hyperliquid. For a detailed analysis, read more.
Bitcoin Goes Wild
Bitcoin is surging with renewed strength, decoupling from traditional stock markets and aligning more closely with gold. Read more.
Hot New Presale Hits the Market
[Sponsored] The trending presale for the popular meme coin Oh Whale (OHW) has hit the market in its first stage at -40% to TGE price. Read more.
Goldshell BYTE: Affordable Mining Rig
[Sponsored] Goldshell BYTE is an affordable and portable crypto mining rig that offers dual mining capabilities, wireless control, and effortless setup — perfect for anyone looking to earn passive crypto income. Read more.
