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This Week’s Summary
- The crypto market ends the week at a total market capitalization of $2.61 trillion.
- Bitcoin’s trading price rose to around $78,700.
- Ethereum continues to trade at around $2,300.
- XRP is down 2%, Solana is down 3%, and Dogecoin is up 11%.
- Almost all altcoins are trading in the red, with very few exceptions.
- In the DeFi sector, total value locked (TVL) across protocols remains around $84 billion.
Crypto Market 27 April – 3 May 2026: Market Analysis and Performance
The crypto market continues to grow steadily, with most cryptocurrencies stalling or gaining little in recent days. As the US-Iran conflict continues, the global economy is recovering in the background, and the crypto sector is spearheading this movement. Meanwhile, the overall market capitalization increased by about $60 billion.
Bitcoin started the week trading around $77,000 and immediately attempted to climb back above $80,000. Unfortunately, the king of cryptocurrencies did not manage it, failing to overcome a major psychological resistance level. Nevertheless, BTC continues to trade slightly below $79,000, putting it in a good position to attack next week.
Ethereum continues to trade around $2,300, showing remarkable resilience and demonstrating investors’ support. The second crypto in command cemented its trading value well above $2,000 after several months of uncertainty, and it is now looking to build on it.
Altcoins & DeFi
Most altcoins are trading in the red, without any notable exceptions. For example, XRP is down 2%, Solana is down 3%, Cardano is down 1%, Avalanche is down 4%, Sui is down 2%, Chainlink is down 3%, and TRON is up 4%. Elsewhere, Zcash is up by over 15%.
The memecoins also saw some interesting trajectories. For instance, Dogecoin is up 11%, Shiba Inu is up 1%, and is up 2%.
The Metaverse sector has also seen notable movements in the past week. For instance, Axie Infinity is down 5%, The Sandbox is down 9%, and Floki is down 3%. Meanwhile, Decentraland is down 4%, Render is down 1%, and ApeCoin is up 13%. MultiversX decreased by 9% and Stacks by 3%. Meanwhile, Virtuals increased by 5%.
The DeFi sector saw total value locked (TVL) stall at about $84.70 billion.
Crypto Market Analysis – What’s in the News?
- Strategy, the world’s largest corporate BTC holder, acquired another 3,273 BTC for $255 million.
Next Week’s Crypto Market Forecast
The crypto market continues to grow steadily, despite occasional hiccups. Contrary to a few weeks ago, the market reacts less dramatically to the developments in ongoing international conflicts. In fact, it seems investors now assume that said conflicts will persist longer than a potential crypto winter or a much-desired bull run.
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