Crypto Weekly (26/02 – 03/03): BTC Continues Strong Surge

Let's recap all the noteworthy developments from the crypto market over the past week and spotlight the key upcoming events for this week, along with AZC.News.

Azcnews Breaking (39)

Summary of last week crypto market

Over the past week (February 26 – March 3), we continued to witness remarkable growth in Bitcoin, leading to a surge in the cryptocurrency market as a whole. At the beginning of the previous week, Bitcoin was still fluctuating in the range of 50,000 – 52,000, but by the end of last week, it had surged to the range of 63,000 – 64,000 (a growth of over 20%).

Chart Bitcoin

Ethereum (ETH) also experienced significant growth, driven by various factors such as market momentum and the upcoming Cancun update on March 13, 2024. With four strong bullish candles over four weeks, ETH is on the verge of reaching the 4,000 mark.

Chart Eth

In addition to BTC and ETH, the past week also saw a strong comeback of meme coins.

Top 10 cryptocurrencies with the strongest growth in the past week within the top 100 market cap: WIF, PEPE, FLOKI, BONK, SHIB, AR, DOGE, BCH, JAMSMY, FTM.

Top 10 Strongest crypto

Source: Coinmarketcap

Top 10 cryptocurrencies with the highest decrease in the past week within the top 100 market cap: BGB, FLR, WLD, STRK, SUI, BLUR, MNT, TIA, KAS. 

Top 10 Desearse

Source: Coinmarketcap

Important news of the past week:

Important News for This Week

There are some important news events scheduled for this week:

On Wednesday (March 6, 2024), at 1:15 PM, there will be news about the ADP Non-Farm Employment Change. If the actual figures are higher than forecasted, it is seen as positive for the USD and vice versa.

On Friday (March 8, 2024), at 1:30 PM, the US will release the Non-Farm Payrolls data. If the actual figures are higher than expected, it will be positive for the USD and vice versa.

AZC.News wishes you a successful investing week! Warm regards!

5.0/5

(5 votes)
  1. Avatar of
    Anonymous

    nice

  2. Avatar of
    Anonymous

    Hi

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest

How To Participate In Theoriq Airdrop

Airdrops | Editor Choice

How to Participate in Theoriq Airdrop

Guide to Participating in Theoriq Airdrop, Theoriq is an AI Agent project that has successfully raised 10 million USD. The project is currently hosting a Testnet program where participants can earn XP Points that will be converted into tokens upon listing.

How To Participate In Tevaera Airdrop On Telegram

Airdrops | Editor Choice

How to Participate in Tevaera Airdrop on Telegram

Tevaera, a gaming ecosystem developed on zkSync that successfully raised $5 million, has launched a Telegram bot where players have the opportunity to earn rewards and potential future airdrops.

Okx Lists X Empire (x) On Pre Market Futures

News | Altcoin | Editor Choice

OKX Lists X Empire (X) on Pre-Market Futures

OKX Exchange Announces Listing of X Empire (X) on Pre-Market Futures at 7 AM UTC on October 11, 2024.

Verda City Prepares To List On Bingx And Conduct Airdrop

News | Altcoin | Editor Choice

Verda City Prepares to List on BingX and Conduct Airdrop

The Verda City coin mining platform has been officially announced for listing by the BingX exchange. Verda has also conducted a snapshot and initiated the KYC process for coin miners.

Azcnews Cz To Attend Binance Blockchain Week Dubai 2024

News | Editor Choice | Policy & Regulations

CZ to Attend Binance Blockchain Week Dubai 2024

Former Binance CEO Changpeng Zhao (CZ) has been released from prison and is set to make his first public appearance in Dubai this October. CZ will attend Binance Blockchain Week in Dubai on October 30-31 in a private capacity.