Weekly Market Update (Week 8, 21/02/2022 – 27/02/2022)

Ukraine receives $4M from crypto community. BTC passes $36,000 despite Russia-Ukraine conflict. Price, volume, and volatility indices on the up.

Feb 28, 2022
Market Updates Week 08

Key Takeaways

  • Bitcoin (BTC) rose past USD 36,000 late last week on 24 February 2022, having traded between $34,000 and $40,000 despite headwinds from the Russia-Ukraine conflict.
  • The Ukrainian government crowdfunding appeal saw cryptocurrency transfers and donations with a combined value of more than $10 million and growing. The contributions were mainly in Bitcoin (BTC) and Ethereum (ETH), with additional contributions from proceeds of non-fungible token (NFT) sales.
  • The general price, volume, and volatility indices were positive at +2.24%, +30.02%, and +60.14%, respectively.

Highlights

Check the latest prices on Crypto.com/Price.

Market Index Tokens

MetricsPriceVolumeVolatility
Top GainersATOM (+9.68%)
DOT (+8.61%)
ETH (+4.53%)
XTZ (+68.21%)
DOT (+58.29%)
ADA (+57.58%)
LINK (+93.95%)
EOS (+92.73%)
ADA (+91.68%)
Top LosersADA (-5.26%)
XLM (-3.52%)
LINK (-2.25%)
XMR (-3.67%)
BenchmarkBTC (+1.86%)BTC (+27.06%)BTC (+59.64%)
MetricsTop Gainers
PriceATOM (+9.68%)
DOT (+8.61%)
ETH (+4.53%)
VolumeXTZ (+68.21%)
DOT (+58.29%)
ADA (+57.58%)
VolatilityLINK (+93.95%)
EOS (+92.73%)
ADA (+91.68%)
MetricsTop Losers
PriceADA (-5.26%)
XLM (-3.52%)
LINK (-2.25%)
VolumeXMR (-3.67%)
Volatility
MetricsBenchmark
PriceBTC (+1.86%)
VolumeBTC (+27.06%)
VolatilityBTC (+59.64%)
* Market index tokens: BTC, ETH, XMR, LINK, EOS, XLM, XTZ, ATOM, ADA, DOT

Notable Events

  • Cryptocurrencies rose on Friday following a steep sell-off that saw around $150 billion wiped off the market after the Russia-Ukraine conflict. An intraday reversal in U.S. stocks on Thursday and throughout the trading session on Friday led major indices to close higher. This positive price movement trickled down to the rest of the cryptocurrencies.

DeFi Tokens

MetricsPriceVolumeVolatility
Top GainersREN (+16.43%)
UNI (+15.09%)
MKR (+5.73%)
NXM (+1305.79%)
REN (+82.76%)
MKR (+55.49%)
REN (+143.19%)
UNI (+120.65%)
LINK (+93.95%)
Top LosersCRV (-8.87%) 
UMA (-8.37%)
LRC (-6.34%)
BAL (-30.19%)UMA (-9.55%)
BenchmarkUNI (+15.09%)UNI (+15.08%)UNI (+120.65%)
MetricsTop Gainers
PriceREN (+16.43%)
UNI (+15.09%)
MKR (+5.73%)
VolumeNXM (+1305.79%)
REN (+82.76%)
MKR (+55.49%)
VolatilityREN (+143.19%)
UNI (+120.65%)
LINK (+93.95%)
MetricsTop Losers
PriceCRV (-8.87%) 
UMA (-8.37%)
LRC (-6.34%)
VolumeBAL (-30.19%)
VolatilityUMA (-9.55%)
MetricsBenchmark
PriceUNI (+15.09%)
VolumeUNI (+15.08%)
VolatilityUNI (+120.65%)
* DeFi tokens: LINK, YFI, AAVE, SNX, UNI, COMP, MKR, UMA, REN, LRC, NXM, BAL, CRV

Other Tokens

Price Change (%)NFTGamingMeme
Top GainersUOS (+3.33%)YGG (+21.36%)
Top LosersOMI (-16.73%)
FET (-14.41%)
ENJ (-11.48%)
ATLAS (-19.72%)
MBOX (-18.44%)
POLIS (-16.33%)
HOGE (-17.49%)
DOGE (-10.15%)
SHIB (-8.43%)
Price Change (%)Top Gainers
NFTUOS (+3.33%)
GamingYGG (+21.36%)
Meme
Price Change (%)Top Losers
NFTOMI (-16.73%)
FET (-14.41%)
ENJ (-11.48%)
GamingATLAS (-19.72%)
MBOX (-18.44%)
POLIS (-16.33%)
MemeHOGE (-17.49%)
DOGE (-10.15%)
SHIB (-8.43%)
*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

bitcoin

bitcoin blockchain

BTC

crypto research

Crypto.com Exchange

cryptocurrencies

ETH

Ethereum

Market

market index

NFT

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