Key Insights:
- Crypto news revisits bullish prospects as the total crypto market cap sits on 2% weekly upside, ending its 6-week bearish reign.
- On-chain data reveals how the bullish relief affected the DeFi landscape.
- Is the market at risk of more downside? Here’s what the prediction markets and analysts say about the matter.
The first week of March is a wrap, and it kicked off with a wave of positive crypto news. The week marked the most serious bullish attempt after the sideways and low-volatility price action in February.
Crypto news turned bullish, albeit briefly, in the first week of January. For context, the total crypto market cap bounced back by roughly 14% from $2.16 trillion ON 28 February to $2.48 trillion…
