$OM Rockets Towards New Highs: RWA Tokenization Ignites the Crypto World!
Explore DeFi’s hottest trend with MANTRA’s RWA tokenization on the first regulatory-compliant blockchain. $OM’s bullish analysis signals growth.
Technical analysis and price predictions for the most relevant cryptocurrencies
Explore DeFi’s hottest trend with MANTRA’s RWA tokenization on the first regulatory-compliant blockchain. $OM’s bullish analysis signals growth.
Successful crypto trading activities on TradingView involve understanding crypto buy and sell signals. Read on to discover the best crypto indicators.
The cryptocurrency market’s unpredictability and volatility makes it a fascinating option for day trading, which is an approach where traders make multiple trades within a single day in an attempt to capitalize on short-term price movements. We’ve analyzed the crypto market to find the best cryptos to day trade. When selecting the best day trading…
Last week the cryptocurrency markets have seen the largest weekly drop in market capitalization this year. Although the drop was not major at all, the total market capitalization has fell from $1.09 trillion to $1.05 trillion, which is the largest weekly decline this year. More than anything, this decline could indicate that the sentiment on the cryptocurrency markets is turning neutral or even slightly bearish again. The reasons behind this could be fears of stricter regulation of cryptocurrencies and crypto services or even the conditions on the broader financial markets. Nevertheless, in our weekly Top 3 Coins to Watch articles, we try to shine a light on prospective projects and their respective coins and tokens regardless of the general market conditions.
The uptrend established in the first few weeks of 2023 appears to be dying out. Although the total cryptocurrency market capitalization climbed as high as $1.12 trillion during last week, all the gains were erased during the weekend, causing the total market cap to fall back to $1.09, this is exactly where it stood at the beginning of the week. Most of the biggest cryptocurrencies traded rather sideways throughout last week, which explains why the total market cap stayed stagnant. Among Top 10 cryptocurrencies, the biggest mover was OKB (OKB), which appreciated by almost 12% last week.
The uptrend continued throughout Week 4 of 2023, causing the total cryptocurrency market capitalization to climb from $1.07 trillion towards $1.09 trillion. While the uptrend appears to have slowed down last week, the vast majority of cryptocurrencies has ended the week in the green. In fact, from the Top 20 cryptos only ETH (Ethereum), and SHIB (Shiba Inu) ended last week in the res, posting losses of 1% and 1.5% respectively. AVAX (Avalanche) and MATIC (Polygon) on the other hand, both appreciated for more than 15% during the same period. Who are going to be the gainers of this week?
The third week of 2023 brought us the continuation of the uptrend, which carried the total market capitalization from $1.00 trillion at the beginning of the week to $1.07 trillion. Bitcoin is up by almost 10% last week, while the second largest cryptocurrency, Ethereum, has posted a weekly gain of a bit less than 7%. Top gainer from the Top 10 cryptocurrencies was OKB, which appreciated by 17% last week and thereby managed to overtake SOL (Solana) and re-enter the 10 largest cryptocurrencies by market capitalization. But you are likely asking yourself which coins are in for some interesting price movement this week? Read through and familiarize yourself with our Top 3 Coins to Watch in Week 4.
Cryptocurrency markets saw considerable upswing in the 2nd week of 2023, which has caused the total market capitalization of the sector to climb from $848 billion to over $1 trillion (an increase of more than 18% in a single week). The upswing was led by SOL (Solana), which gained more than 70% last week, but BTC, ETH and ADA also had an outstanding week in terms of price performance as all three coins appreciated by over 20%. Does this small bull-run mark the beginning of a reverse in the long-term market trend? Well, we don’t know about that, but one thing is for sure; cryptocurrency investors are starting to feel a bit more optimistic again.
The cryptocurrency sector started 2023 on a positive note as its total market capitalization grew from $820 billion to over $848 billion during Week 1. While this only accounts for a bit more than a 3% increase, the reversal of the lasting slightly bearish trend is what we are the happiest to finally see. In addition, many blockchain projects are entering the new year with a large developmental momentum and several important updates are expected to be deployed to various top blockchains in Q1 2023. It really seems like a glimmer of optimism has finally shone on the cryptocurrency community at the beginning of 2023.