WMA: Bitcoin Rises and Falls, SBF Gets Arrested, Altcoins Struggle
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 $807 billion. Bitcoin lost almost 3% during a highly volatile week. Ethereum decreased by 7% over the past seven days. XRP lost nearly 9% of its value this week. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector maintains the total value protocols (TVL) at around $41 billion. Crypto Trends 12-18 December 2022: Market Analysis and Performance The crypto market ended a rollercoaster of a week that saw considerable volatility, shock news, and unexpected events. Most assets started trading in the green during this period but ended it severely battered and bleeding. Meanwhile, the market capitalization increased by almost $20 billion, climbing again above the $800 billion mark. Bitcoin began the week eagerly waiting for the latest CPI report from the Bureau of Labor Statistics. Whe...