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Weekly Market Update (Week 6, 07/02/2022 – 13/02/2022)

BTC jumps to a four-week high last Friday, up 26%. BlackRock is reported to offer crypto trading soon. Crypto.com signs 9-year sponsorship deal with F1Miami.

Feb 14, 2022
Market Updates Week 06

Key Takeaways

  • BlackRock is reportedly gearing up to offer crypto trading services to its investor clients. This will allow investors to borrow from the world’s largest asset manager by providing cryptocurrencies as collateral.
  • Crypto.com has signed a nine-year sponsorship deal with Formula 1, which will see Crypto.com become the official title partner of F1’s newest race, Miami Grand Prix, with its logo featuring on the podium and winners’ trophies.
  • The general price and volume indices were positive at +0.38% and +22.24%, respectively, while the volatility index was negative at -18.59%.

Highlights

Check the latest prices on Crypto.com/Price.

Market Index Tokens

MetricsPriceVolumeVolatility
Top GainersXMR (+2.77%)
XTZ (+2.28%)
BTC (+1.84%)
XLM (+59.35%)
ADA (+51.86%)
EOS (+39.01)
ADA (+107.25%)
EOS (+47.39%)
XTZ (+36.34%)
Top LosersATOM (-11.86%)
DOT (-10.66%)
LINK (-9.04%)
ATOM (-13.53%)
LINK (-6.66%)
XMR (-42.42%)
ETH (-22.46%)
BTC (-21.53%)
BenchmarkBTC (+1.84%)BTC (+22.94%)BTC (-21.53%)
MetricsTop Gainers
PriceXMR (+2.77%)
XTZ (+2.28%)
BTC (+1.84%)
VolumeXLM (+59.35%)
ADA (+51.86%)
EOS (+39.01)
VolatilityADA (+107.25%)
EOS (+47.39%)
XTZ (+36.34%)
MetricsTop Losers
PriceATOM (-11.86%)
DOT (-10.66%)
LINK (-9.04%)
VolumeATOM (-13.53%)
LINK (-6.66%)
VolatilityXMR (-42.42%)
ETH (-22.46%)
BTC (-21.53%)
MetricsBenchmark
PriceBTC (+1.84%)
VolumeBTC (+22.94%)
VolatilityBTC (-21.53%)
* Market index tokens: BTC, ETH, XMR, LINK, EOS, XLM, XTZ, ATOM, ADA, DOT

Notable Events

  • Cardano (ADA) has launched the latest version of the Daedalus wallet, bringing vast improvements and addressing issues like blockchain verification progress. ADA has thus surged in value and currently has a market capitalisation of $37.8 billion. (ref)
  • Ethereum’s (ETH) lagging price and high volatility followed a recent announcement by Federal Reserve Chairman Jerome Powell that the Fed will likely begin increasing rates in March to counteract continued rising inflation. (ref)

DeFi Tokens

MetricsPriceVolumeVolatility
Top GainersNXM (+78.90%)
REN (+45.94%)
LRC (+33.39%)
REN (+31.65%)
LINK (+30.69%)
UNI (+22.31%)
Top LosersSNX (-16.17%) 
CRV (-15.20%)
MKR (-10.17%)
MKR (-61.77%)
SNX (-35.28%)
UMA (-10.17%)
BAL (-43.04%)
SNX (-41.87%)
MKR (-30.52%)
BenchmarkUNI (-5.76%)UNI (+15.95%)UNI (+22.31%)
MetricsTop Gainers
Price
VolumeNXM (+78.90%)
REN (+45.94%)
LRC (+33.39%)
VolatilityREN (+31.65%)
LINK (+30.69%)
UNI (+22.31%)
MetricsTop Losers
PriceSNX (-16.17%) 
CRV (-15.20%)
MKR (-10.17%)
VolumeMKR (-61.77%)
SNX (-35.28%)
UMA (-10.17%)
VolatilityBAL (-43.04%)
SNX (-41.87%)
MKR (-30.52%)
MetricsBenchmark
PriceUNI (-5.76%)
VolumeUNI (+15.95%)
VolatilityUNI (+22.31%)
* DeFi tokens: LINK, YFI, AAVE, SNX, UNI, COMP, MKR, UMA, REN, LRC, NXM, BAL, CRV

Other Tokens

Price Change (%)NFTGamingMeme
Top GainersOGN (+0.24%)SHIB (+4.86%)
Top LosersENJ (-17.72%)
WAXP (-17.04%)
UOS (-16.08%)
YGG (-24.2%)
ALICE (-20.72%)
AXS (-18.38%)
HOGE (-6.33%)
DOGE (-5.71%)
MONA (-4.53%)
Price Change (%)Top Gainers
NFTOGN (+0.24%)
Gaming
MemeSHIB (+4.86%)
Price Change (%)Top Losers
NFTENJ (-17.72%)
WAXP (-17.04%)
UOS (-16.08%)
GamingYGG (-24.2%)
ALICE (-20.72%)
AXS (-18.38%)
MemeHOGE (-6.33%)
DOGE (-5.71%)
MONA (-4.53%)
*NFT tokens: THETA, CHZ, ENJ, FLOW, FET, WAX, OGN, UOS, OMI
*Gaming tokens: AXS, MANA, SAND, ALICE, YGG, MBOX, ILV, ATLAS, POLIS, DAWN
*Meme tokens: DOGE, SHIB, MONA, HOGE, PEPECASH

Tags

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cryptocurrencies

DeFi

Market

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