Crypto Week Ahead: Analyzing BTC Price and Upcoming Crypto Events
Current BTC Price Overview
Bitcoin (BTC), despite a brief dip over the weekend, has managed to regain a stable range of $67,000 early Monday. This shows a slightly resilient market compared to the past few weeks. With critical crypto events ahead influenced by the US Presidential election and pro-crypto candidates, BTC could potentially see a noteworthy rally.
Crypto Prices Over The Past Week
- Overall crypto market cap stood at $2.39 trillion.
- BTC price was around $69,046.29.
- ETH price was around $2,740.
A week later, the overall market cap dipped to $2.3 trillion. DeFi's total volume stands at $3.42 billion, which is 6.71 percent of the total market’s 24-hour volume.
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- Overall volume of stablecoins is $45.45 billion, at 89.25 percent of total 24-hour market volume.
- Overall market fear and greed index stood at ‘Neutral’ with 54 points.
- BTC dominance at 58.37 percent.
Crypto Events to Note
- Bisa Bank introduces USDT services in Bolivia, increasing stablecoin adoption.
- Ripple CEO Brad Garlinghouse's bank account closure due to crypto affiliation highlights sector challenges.
These events reflect significant shifts in the cryptocurrency landscape as the market adapts to new regulations and opportunities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.