Weekly Market Update (Week 10, 07/03/2022 – 13/03/2022)

BTC climbed to $42,500 as Biden signed an exec order on digital assets. eBay plans a digital wallet. Pay for the movies in SHIB and DOGE at AMC.

Market Updates Week 10

Key Takeaways

  • Bitcoin (BTC) climbed to a high of about USD 42,500 before closing lower at the end of the week. Simultaneously, U.S. President Joe Biden signed the executive order for digital assets.
  • Stripe and eBay laid out plans for digital wallet and payment options for cryptocurrency amidst rising adoption.
  • In the week ahead, we have the FOMC meeting and also an European Union (EU) upcoming vote on the Markets in Crypto Assets (MiCA) regulation.
  • The general price, volume, and volatility indices were mixed at -1.12%, -11.21%, and +27.40%, respectively.

Highlights

Check the latest prices on Crypto.com/Price.

Market Index Tokens

MetricsPriceVolumeVolatility
Top GainersXMR (+10.33%)
XLM (+4.08%)
DOT (+3.75%)
XMR (+82.10%)
XLM (+21.66%)
XMR (+87.16%)
XLM (+70.70%)
LINK (+48.29%)
Top LosersATOM (-7.16%)
LINK (-4.84%)
ADA (-3.81%)
ATOM (-35.19%)
ADA (-31.74%)
XTZ (-29.31%)
BenchmarkBTC (-0.73%)BTC (-6.99%)BTC (+21.90%)
* Market index tokens: BTC, ETH, XMR, LINK, EOS, XLM, XTZ, ATOM, ADA, DOT

DeFi Tokens

MetricsPriceVolumeVolatility
Top GainersSNX (+9.62%)
REN (+5.86%)
SNX (+101.12%)
YFI (+9.20%)
REN (+8.72%)
SNX (+176.60%)
UNI (+56.72%)
AAVE (+52.32%)
Top LosersUMA (-13.03%) 
CRV (-6.29%)
MKR (-6.27%)
UMA (-73.34%)
CRV (-35.20%)
NXM (-34.52%)
UMA (-83.78%)
CRV (-19.06%)
BenchmarkETH (-2.66%)ETH (-18.49%)ETH (+18.92%)
* DeFi tokens: LINK, YFI, AAVE, SNX, UNI, COMP, MKR, UMA, REN, LRC, NXM, BAL, CRV

Other Tokens

Price Change (%)NFTGamingMeme
Top GainersOGN (+32.2%)
THETA (+0.42%)
FET (+0.10%)
MBOX (+3.26%)
Top LosersUOS (-9.58%)
OMI (-9.48%)
CHZ (-7.62%)
ALICE (-14.01%)
POLIS (-12.95%)
ATLAS (-12.19%)
HOGE (-12.24%)
SHIB (-8.49%)
DOGE (-7.67%)
*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
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