In the crypto market report prepared by the ICRYPEX Research team and covering the week of April 22 – 29, we compiled the current developments regarding crypto assets, price movements of crypto assets and macroeconomy.
You can take a look at the general flow of this report below, and access all the developments that took place in the 7-day period at Weekly Crypto Market Reports: April 22, 2024.
Overview of April 22 Weekly Crypto Market Report
After the halving in Bitcoin, the BTC price continues in the range of $ 62,000 – $ 66,000. Although the high tension between Israel and Iran, which was one of the main headlines of the past week, has eased a little, macro data, especially from the USA, continues to put pressure on pricing. During this period, Bitcoin returned to the 62,000 region with a 2.81% loss in value, while Ethereum completed the week with a positive divergence against Bitcoin, with the positive activity it achieved over the weekend. While Ethereum saw a 3.68% gain in value last week, the ETH/BTC parity managed to rise above 0.051 with this divergence. Although Bitcoin dominance dropped to 54.2% during this period, it closed its weekly at 54.7%. Total cryptocurrency market value decreased by 1.51% and reached 2.28 trillion dollars during the week.
Those who want to get more comprehensive information about the week covering April 22 – 29 can review Weekly Crypto Market Reports: April 22, 2024.
