Key Takeaways

The Bureau of Labor Statistics reported headline inflation for the USA at 8.5%, above the Dow Jones estimate of 8.4%. To reduce inflation, the Federal Reserve has begun raising interest rates and will continue to do so into 2023.
The Bank for International Settlements (BIS) released a study on how central bank digital currencies (CBDCs) can play a role in financial inclusion. The range of topics included using CBDCs as a catalyst to innovate and also to serve as a complement to existing systems.
The popular NFT collection is set to release a trilogy film. Also, Bored Ape Yacht Club (BAYC) creator Yuga Labs has teamed up with Superplastic to create vinyl art collectibles based on the collection.
The general price, volume, and volatility indices were mixed at -5.77%, -8.27%, and +23.23% respectively.

Highlights

Check the latest prices on Crypto.com/Price.

Market Index Tokens

* Market index tokens: BTC, ETH, XMR, LINK, EOS, XLM, XTZ, ATOM, ADA, DOT

DeFi Index Tokens

*DeFI index tokens: AAVE, ANC, BAL, CAKE, COMP, CRV, CVX, FXS, JOE, LDO, LINK, MKR, OSMO, REN, SNX, SPELL, SUSHI, UNI, VVS, YFI

Other Tokens

*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

18 Apr 2022|MARKET UPDATES

Weekly Market Update (Week 15, 11/04/2022 – 17/04/2022)

US inflation comes in hotter at 8.5%, with rate hikes likely to continue into 2023. Epic Games raise $2B to fund the Metaverse. Bored Ape Yacht Club is set to create a film trilogy.

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