WMA: Bitcoin Targets $17,000, Most Altcoins Soar, Celsius Faces Fraud Allegations
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 $824 billion. Bitcoin gained nearly 3% in value in the last week. Ethereum increased by almost 6% over the past seven days. XRP is up by nearly 1% this week. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around $38 billion. Crypto Trends 2-8 January 2023: Market Analysis and Performance The crypto market closes the first week of 2023 on better terms than when it started. Almost all its assets report substantial gains as they want to put a dreadful 2022 behind it. The market capitalization increased by nearly $30 billion as it regained the $800 billion level. Bitcoin celebrated its 14th anniversary on January 3. The landmark would usually spring a rejuvenated interest in the oldest crypto around. However, this year, the king...