Market Weekly | Daily average market value fell by nearly 10%, Shenzhen launched digital currency research

Weekly summary

  • Last week, the average daily market value of global digital currency assets was 276.673 billion US dollars, down 8.53%, and the average daily trading volume was 54.77 billion US dollars, down 10.22%.
  • Last week's market value TOP200 assets fell 7.71% overall, all four major areas fell. Among them, the payment currency sector fell the most, reaching 7.8%.
  • There are 11 new listings this week.
  • A total of seven projects were closed last week, and the total soft top of the project exceeded $100 million.
  • The six blockchain projects received equity financing with a financing amount of more than $21 million.
  • OKEx analysts : BTC has shown signs of falling below the key support line. If it cannot be recovered within the day, it may face greater adjustment risks later.

Market overview

Last week, the average daily market value of global digital currency assets was 276.873 billion US dollars, down 8.53%, and the average daily trading volume was 54.77 billion US dollars, down 10.22%.

Market value TOP5 (BTC, ETH, XRP, BCH and LTC) , the average daily market value decreased by 10.18% compared with the previous week; the average daily trading volume decreased by 24.59% from the previous week. BCH's biggest drop in the middle of the week was the highest, reaching 20.26%.

TOP200 market analysis

Last week's market value TOP200 assets fell 7.71% overall, all four areas fell, of which, the payment currency sector fell the most, reaching 7.8% .

In the industry's public chain and application, according to the industry's further subdivision, except for social and artificial intelligence, other areas fell, with the education sector falling the most, reaching 20.19%.

From the perspective of individual currency gains, among the assets of TOP200 last week, KIN rose the most, reaching 49.56%.

New listing assets analysis

OKEx, Binance, HuobiGlobal, Bitfinex, Bitmumb, ZB.com, Upbit, HitBTC, Bittrex, Poloniex and other 30 trading platforms, 11 new listings.

Primary market financing

A total of seven projects were closed last week, and the total soft top of the project exceeded $100 million.

Last week, there were 6 blockchain projects that completed the completion of equity financing, and the financing amount exceeded US$21 million.

List of regulatory policies

Giant layout

Big coffee said

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Babbitt Column | From Central Bank to Digital Currency Exchange: A Typical Case of Banking Sinking

Author: Sun vice president As the author mentioned in the previous article, the once-populated bottom-level public ch...

Opinion

Forbes Binance's Golden Touch, how did they turn failed ICO tokens into unexpected fortunes worth billions of dollars?

In this article, we will see a detailed analysis by Forbes of BNB's initial token issuance and the subsequent years' ...

Policy

Crypto Exchange FTX to Sell Trust Assets: Debtors Making a Desperate Cash Grab!

The debtors have suggested forming a pricing committee that includes representation from all stakeholders in addition...

Blockchain

Encrypted exchange: a combination of Nasdaq and investment bank

After the big bull market in 2017, cryptocurrency exchanges have sprung up on the line, according to incomplete stati...

Policy

FTX's Big Sell Grayscale and Bitwise Assets On the Market for $744M

FTX creditors have requested approval from an investment advisor for the sale of trust assets and related procedures.

Opinion

Why is selling risk the good business model?

The top companies, the market makers, are the ones who sell risk. They are the giants who have stacked up their finan...