Crypto markets have recovered a bit, following last week’s brutal crash that shaved off more than 30% of the value from leading coins Bitcoin and Ethereum, which dropped to levels not seen since 2020.
Bitcoin is up more than 10% over the last seven days, trading for $21,013 as of this writing, and Ethereum reclaimed even more territory, surging more than 19% to $1,189.
Polygon’s week was even better: It rose almost 59% to better than $.57, buoyed by six weeks of whale accumulation—according to on-chain data analytics from Santiment—and a partnership announced this week with on-chain carbon market KlimaDAO.
Cryptocurrencies that rose at least 40% over the seven days were Uniswap, up 45% to $5.33, and Shiba Inu, up 43% to $0.00001122. Meanwhile, Avalanche added nearly 33%, to $20.10, and Solana rose almost 33%, to $40.05.
In fact, every top 30 cryptocurrency managed to recover by double digit percentages by the weekend, except Cardano, which still added 4% to hit $0.4845, and TRON,...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...