🔊Weekly Market Highlights #47: May 15 - May 21

✨The cryptocurrency market had another gloomy week as major coins like Bitcoin or Ethereum prices continued to move sideways without noticing any noticeable movement.

✨Over the past week, the crypto market decreased ~$20B (from ~$1,136B to ~$1,116B) of its total capitalization.

✨BTC Uncertain at $27K
✅Last week started positively for BTC, which jumped to over $27,6K after the stagnant weekend. However, that was short-lived, and the asset retraced to below $27K in a matter of days. Another price pump followed that drove it back up to $27,5K, which, yet again, was stopped in its tracks.

✅This time, the rejection was even more vigorous, pushing BTC south to a weekly low of $26,4K. The bulls tried to intercept the move.

✅As such, bitcoin returned to the familiar ground of around $27K and stood there for a few days. BTC has been losing some value since then and now stands under $27K.

✅Its market cap has risen slightly to $518B, while its dominance over the altcoins sits close to 46.4%.

✨Altcoins In A Sea of Green
✅BSCS is trading at $0,01071, +3,85% from its 7-day all-time low of $0,01032.

✅The past week has been a bit positive for altcoins; BNB, XRP, ADA, MATIC, SOL, LTC, DOT, and TRX have all jumped by up to 2% in a day.

✅After making several savvy investors millionaires overnight, PEPE was listed on multiple prominent exchanges, including Binance, which was a sell-the-news moment. PEPE lost momentum, and its market cap dumped over a billion in days.

✅The past 24 hours were much more favorable for the meme coin, as it has added over 12% of its value and is back within the top 70 largest cryptocurrencies.

✅Total market capitalization is $1,116B

✨Bitcoin Fear and Greed Index is 49 - Neutral, lower than at the beginning of the week (50)

✨Dominance:
✅BTC: 46.4%
✅ETH: 19.4%

📣Stay tuned! The market's highlights will be updated by BSCStation 😎

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🔊Weekly Market Highlights #48: May 22 - May 28

✨The crypto market at the end of May 2023 has yet to come out of its slump due to the lack of breakout volatility.

✨Over the past week, the crypto market increased ~$46B (from ~$1,116B to ~$1,162B) of its total capitalization.

✨Bitcoin Returns to $28k
✅Last week didn't go all that well for the BTC, especially after the latest rejection at $27,5K recorded on Tuesday. By Thursday, the bears took complete control of the market and pushed it south to a two-week low at $25,8K.

✅The landscape started to change as the working week came to an end, and BTC quickly reclaimed $26K. It even spiked to almost $27K by Saturday.

✅However, the bulls propelled a more impressive price increase on Sunday night, driving the cryptocurrency to a multi-day high of $28,4K.

✅Its market cap has risen to $546B, while its Dominance over the altcoins sits close to 46.7%.

✨Altcoins Have Also Headed Higher During The Weekend
✅BSCS is trading at $0,01028, +4,91% from its 7-day all-time low of $0,009794.

✅Although it slipped below $1.8K, ETH quickly returned to $1.9K on Sunday night. BNB, MATIC, DOGE, TRX, DOT, LTC, and AVAX are up by 0.5% to 2% in a day.

✅More gains from the larger-cap alts come from ADA, SHIB, and top performer – SOL. SOL has jumped by almost 5% and currently trades above $20.

✅With most lower- and mid-cap alts seeing green, the total crypto market cap is close to $1,162B. The metric dipped below $1,100B just a few days ago.

✨Bitcoin Fear and Greed Index is 52 - Neutral, higher than at the beginning of the week (49)

✨ Dominance:
✅BTC: 46.7%
✅ETH: 19.7%

📣Stay tuned! The market's highlights will be updated by BSCStation 😎

⭐️ BSCStation Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion | Youtube