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

Bitcoin options, the next battlefield of the exchange?

Since 2009, Bitcoin has been born for more than a decade. Bitcoin has gone through decades of financial development i...

Opinion

Checklist of 9 popular cryptocurrencies virtual credit cards

Cryptocurrency virtual credit cards launched by cryptocurrency exchanges (such as Binance) allow for consumption and ...

Market

Exploring the evolution of the stablecoin market structure: Why can USDT always dominate the first place?

Stablecoin competition is an endless topic, as the industry struggles in its second decade, hoping that the market ca...

Blockchain

Ieo, which used to be ten times easier, is there anyone else involved?

At the beginning of the new year, the coin opened the curtain of the IEO "issuing the first exchange" stage...

Finance

The Block Editor-in-Chief 5 Innovative Projects Worth Paying Attention to

Promising emerging projects include derivatives protocols, governance platforms, and infrastructure, among others. Au...

Blockchain

Insurance giant Marsh has customized a full insurance plan for encrypted custodians, can cryptocurrency traders “sit back and relax”?

According to Coindesk's September 24 report, Marsh & McLennan, the world's largest insurance brokerage ...