In the crypto market report prepared by the ICRYPEX Research team and covering the week of November 13-20, we have compiled the latest developments on crypto assets, price movements of crypto assets and macroeconomics.
You can check out the general flow of this report just below, and you can find all the developments that took place in the 7-day period in the Weekly Crypto Market Reports: November 13, 2023.
November 13th Weekly Crypto Market Report Overview
Apart from economic data, the most important topic for crypto assets was again ETFs. Especially Hashdex, Franklin and
The fact that we are on the review dates for Global X’s ETF filings and the likelihood of approval has ETF analysts
by the Turkish government had a positive impact on the markets. The fact that all three applications were postponed by the SEC and the assessments that the possibility of postponement increased before the decision created a great sales pressure.
Cryptocurrency market eyes will be on the next cryptocurrency market on January 11th, following the postponements announced last week.
ARK’s latest application turned to evaluation.
Apart from the Bitcoin ETF, other important headlines were Fidelity’s involvement in the Spot Ethereum ETF process and Avalanche’s collaborations with JPMorgan and Citibank. AVAX, RNDR and FET were the crypto assets that gained the most value last week.
For a more comprehensive look at the week from November 13th to November 20th, check out the Weekly Crypto Market Reports: November 13, 2023.