📈 Bitcoin regained $60,000 over the weekend; the Crypto.com App and Crypto.com Exchange launched DeFi Staking
📈 Bitcoin regained $60,000 over the weekend; the Crypto.com App and Crypto.com Exchange launched DeFi StakingBitcoin’s price regained the US$60,000 level over the weekend; the Crypto.com App and Crypto.com Exchange launched DeFi Staking; State Street and Galaxy introduced three new crypto-related ETFs.Quick Take
Weekly Market IndexThe price index increased by +11.08% last week. Volume and volatility indices decreased by -8.44% and -30.41%, respectively. Chart of the WeekBitcoin regained the $60,000 level over the weekend. Other asset classes also saw a rise last week — gold’s price (in USD) hit an all-time high on 12 September while S&P 500 (SPX) increased 3% in the past five trading days. The BTC price increase coincided with news that MicroStrategy purchased 18,300 BTC ($1.1 billion) between 6 August and 12 September. At the same time, the US annual inflation rate, as reflected by the consumer price index, reached the lowest level since February 2021. Weekly PerformanceBTC and ETH increased by +11.9% and +6.9%, respectively, in the past seven days. Price action for all other selected top market capitalisation tokens was up. INJ (+24.2%) and ICP (+17.9%) led the increase. All key categories were up in market capitalisation in the past seven days. The artificial intelligence category led the increase. Notable Token UpdatesNews HighlightsETFs and Funds
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