WMA: Bitcoin Retains $28,000, Altcoins Thrive, CFTC Sues Binance
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 $1,172 trillion. Bitcoin is up by over 1% after an eventful week. Ethereum increased by almost 2% over the past seven days. XRP gained more than 16% in value this week. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector increased the total value of protocols (TVL) to around $50 billion. Crypto Trends 27 March – 2 April 2023: Market Analysis and Performance The crypto market maintains its surprising resilience to bad news and events circulating the financial world. This week, the United States Commodities and Futures Trading Commission (CFTC) announced a lawsuit against Binance. The CFTC claims the leading crypto exchange neglected measures that would help prevent illicit financing. Consequently, most crypto assets took a dive, albeit a short-lived one. Before the weekend...