{"id":3672,"date":"2021-04-26T18:00:35","date_gmt":"2021-04-26T10:00:35","guid":{"rendered":"https:\/\/www.coincola.com\/blog\/?p=3672"},"modified":"2021-04-26T18:04:07","modified_gmt":"2021-04-26T10:04:07","slug":"weekly0426","status":"publish","type":"post","link":"\/blog\/weekly0426\/","title":{"rendered":"Cryptocurrency Market Analysis Report\u2014Week in Review(Apr.19-Apr.25)"},"content":{"rendered":"<h3><strong><b>Market Review Recap<\/b><\/strong><\/h3>\n<p>The value of crypto market fell from $2 trillion to as low as $1.7 trillion last Friday but later bounced to $1.8 trillion at the close of this weekend. <span style=\"color: #0000ff;\">As a result, the total crypto market value still declined\u00a0about $200 billion last\u00a0week.<\/span> The drop appeared on Thursday of April 22.<\/p>\n<h3><strong><b>Performance of Main C<\/b><\/strong><strong><b>ryptocurrencies<\/b><\/strong><\/h3>\n<p>According to\u00a0the\u00a0crypto market data\u00a0of CoinCola,\u00a0the major cryptocurrencies dropped hardly last week.<\/p>\n<p style=\"text-align: center;\"><strong><b>Crypto Market Data Weekly View<\/b><\/strong><\/p>\n<p style=\"text-align: center;\">(From\u00a0Apr.19 to Apr.25)<a href=\"https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2021\/04\/\u622a\u5c4f2021-04-2614.54.37.png\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-3675 aligncenter\" src=\"https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2021\/04\/\u622a\u5c4f2021-04-2614.54.37.png\" alt=\"\" width=\"776\" height=\"308\" srcset=\"https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2021\/04\/\u622a\u5c4f2021-04-2614.54.37.png 902w, https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2021\/04\/\u622a\u5c4f2021-04-2614.54.37-300x119.png 300w, https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2021\/04\/\u622a\u5c4f2021-04-2614.54.37-768x305.png 768w\" sizes=\"(max-width: 776px) 100vw, 776px\" \/><\/a><\/p>\n<p>From\u00a0the bitcoin price chart below, the price waved last week by most since Thursday. Bitcoin broke the $50,000 support, going back to the\u00a0early March price levels, which declined by as low as $47,515. This correction brought some panic in the crypto market. And the lower price lasts\u00a0for a\u00a0short term. Later, bitcoin bounced off a week low and climbed over $50,000 on weekend,\u00a0but was still dropped\u00a09.42% a week.<a href=\"https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2021\/04\/bitcoin0426.png\"><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-3676 aligncenter\" src=\"https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2021\/04\/bitcoin0426.png\" alt=\"\" width=\"768\" height=\"326\" srcset=\"https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2021\/04\/bitcoin0426.png 834w, https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2021\/04\/bitcoin0426-300x127.png 300w, https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2021\/04\/bitcoin0426-768x326.png 768w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/a><\/p>\n<p>Another thing needs to be concerned. The Bitcoin dominance sunk\u00a0below 50% for the first time since 2018 which happened on Thursday, April 22. But as of press time, the recovery price has increased its dominance to above 50%.<\/p>\n<p>As bitcoin prices crashed below $50,000, the price of XRP also broke down to the lowest level of $0.86 last\u00a0week. No long ago, owing to Ripple Labs won a discovery motion from the U.S. Securities and Exchange Commission(SEC), XRP\u2019s price was droved to the highest price in more than three years. But the failure of maintaining the highest price, its price shocked also rapidly and dropped over13.88%.<\/p>\n<p>Unlike BTC\u00a0and XRP, <span style=\"color: #0000ff;\">the price of ETH still sustained the level over $2,000 and rose up 9.2% last week<\/span>. It climbed the highest price of $2,643 in this period. ETH was also down around $2,050 this week. However, in the term of its strength, ETH recovered\u00a0very quickly.<\/p>\n<p>Last but not least, as long as you keep an eye on the crypto market, you can easily join the campaign <a href=\"https:\/\/www.coincola.com\/acts\/invite-red-packet?lang=en-US?utm_source=blog0426&amp;utm_medium=social\"><strong><span style=\"color: #ff0000;\">\u201cRefer Friends to Win $100\u201d<\/span><\/strong><\/a>. CoinCola is giving away\u00a0bonuses to\u00a0new users. Join now and win the bonuses for the first trade on bitcoin.<\/p>\n<p>Guide to join the campaign:\u00a0<a href=\"https:\/\/bit.ly\/3dQ1oSR\">https:\/\/bit.ly\/3dQ1oSR<\/a><\/p>\n<p><a href=\"https:\/\/www.coincola.com\/signup\/phone?utm_source=blog&amp;utm_medium=weekly0426\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-165\" src=\"https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2018\/10\/sign-up-now-btn.png\" alt=\"sign up coicola\" width=\"235\" height=\"61\" srcset=\"https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2018\/10\/sign-up-now-btn.png 494w, https:\/\/www.coincola.com\/blog\/wp-content\/uploads\/2018\/10\/sign-up-now-btn-300x78.png 300w\" sizes=\"(max-width: 235px) 100vw, 235px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Review Recap The value of crypto market fell fro&#8230;<\/p>\n","protected":false},"author":12,"featured_media":3677,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false},"categories":[79],"tags":[57,60,59,91],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - 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