November 28, 2022
Weekly Crypto Market Insights – 28th November
In this artile
We're back with the 5th edition of weekly crypto market insights. What moved the markets last week? Find out below.
Last week was a rather calm week if compared to the preceding two. Some of the most noteworthy headlines were: a $1 billion rescue fund was announced (plus another $1B to be allocated), Aave gets through exploit attempt, and Genesis situation still to be resolved.
The global crypto market cap grew by 3.48%. Exchange trading volumes were largely the same for Binance and Coinbase, up by 26.34% for Kraken and down for others. Bitcoin return above the $16k mark trading at $16,182, and ETH is now trading at $1,172.
Key Market Metrics
Global Crypto Market Cap is at $ 871 Billion, a 3.48% change WoW. The total value locked in DeFi is at $ 41.17 Billion, a decline of -0.19% WoW.
Crypto exchanges leaderboard:
- Binance up by 0.38%
- Coinbase down by -0.70%
- Kraken up by 26.34%
- KuCoin down by -27.99%
- Binance.US down by -10.12%
BTC trading at $16,182 up by 0.49% WoW, dominance at 40.11%, ETH trading at $1,172, dominance at 18.47%, down by -1.68%.
Top Gainers & Losers
Top gainers and losers in price, ranked by their total market cap are mentioned below.
Top gainers in price this week were: CELO by 57.42%, HT by 48.97%, CRV by 26.57%, APE by 25.83%, and DOGE by 25.63%.Top losers were: CHZ by -16.85%, XCN by-10.72%, LEO by -8.21%, ALGO by -7.39%, and LDO by -6.84%.
Recap of the Most Noteworthy News of Past Week
- The week in markets: Dogecoin and Binance’s BNB tack on double-digit gains
- Here are the three biggest stories in crypto to look out for this coming week
- A Field Guide to Thanksgiving Crypto Banter in 2022
- SEC Under Gensler: Crypto Power Grab or Effective Protection?
- The Last 10 Days In The FTX Saga: A Timeline
- Bitcoin Price Drop Tests Miners’ Diamond Hands
- FTX Run by ‘Inexperienced, Unsophisticated’ Traders, Court Hears
- Binance Allocates Another $1B for Its Crypto Recovery Fund
- Anxious Ethereum Stakers Question When They’ll Be Able to Access Funds
- Turkish Authorities Order Seizure of ‘Suspicious’ FTX Assets
- Who’s Who in the FTX Inner Circle
We hope you found these weekly crypto market insights helpful preparing for the week ahead.
Weekly-Crypto-Market-Insights-Gravity-Team-28-11.
