Crypto Market Pulse (21/08/2023)

PayPal introduces Cryptocurrencies Hub. Europe gets its first BTC ETF. CME Group launching BTC reference rates for the Asia Pacific region.

Aug 21, 2023
Crypto.com Market Pulse

Weekly Market Index

Last week’s crypto market prices decreased by -10.88%. Volume and volatility rose by +39.57% and +152.05%, respectively.

Crypto.com Weekly Market Index 21 Aug

Chart of the Week

Telegram trading bots have recently gained attention with the fully diluted valuation of associated tokens rising significantly in the past two months, although prices have dipped along with the general crypto market in the last week. However, there has been some debate around potential security issues that warrant extra scrutiny.

Crypto.com Telegram Bot Tokens

Weekly Performance

Bitcoin (BTC) and Ethereum (ETH) prices fell -10.7% and -8.6%, respectively, in the past seven days. Price action for other selected top-cap tokens was also negative.

Crypto.com Selected Top-Cap Tokens Price Change 21 Aug

Selected key categories were also down on market cap change in the past seven days.

Crypto.com Selected Categories Market Cap Change 21 Aug

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Author

Research and Insights Team

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Common Keywords: 

Ethereum / Dogecoin / Dapp / Tokens