Crypto Market Pulse (15/05/2023)

US inflation indicator CPI rose 4.9% YoY in April. Microsoft, Goldman Sachs, and more are developing a blockchain called Canton. A new survey found that 26% of family offices are invested in crypto.

May 15, 2023
Crypto Market Pulse

Chart of the Week

BRC-20 transactions have been surging since March. The BRC-20 token standard is an experimental fungible token standard for the Bitcoin blockchain. It enables developers to create and transfer fungible tokens using the Ordinals protocol. As of writing, 18,250 tokens have been minted using the BRC-20 standard – like ORDI, the first BRC-20 token.

Learn more in What is the BRC-20 token standard for Bitcoin?Also, check out our new report Bitcoin’s Expanding Ecosystem: Layer-2, DeFi, NFT.

Brc 20 Transactions

Weekly Market Index

Last week’s crypto market prices were down -5.74%. Volume and volatility also dropped by -4.46% and -13.83%, respectively.

Weekly Market Index 15 May

Weekly Performance

Bitcoin (BTC) and Ethereum (ETH) fell -4.3% and -2.3%, respectively, in the past seven days. Other selected top-cap tokens also decreased in price.

Selected Top Cap Tokens Price Change 15 May

Selected key categories also fell in the past seven days.

Selected Categories Market Cap Change

News Highlights

Catalyst Calendar

Catalyst Calendar
Macroeconomic Events


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Common Keywords: 

Ethereum / Dogecoin / Dapp / Tokens