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CoinDesk Podcast Network

MARKETS DAILY: CoinDesk Market Index Week in Review

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7698 Ratings

🗓️ 7 October 2023

⏱️ 4 minutes

🧾️ Download transcript

Summary

CoinDesk Indices presents six notable market movement highlights from last week. Today's episode is sponsored by CME Group. The CoinDesk Market Index (CMI) functions as a benchmark for the performance of the digital asset market, delivering institutional quality information to digital asset investors. For more on the CMI you can visit: http://coindeskmarkets.com/ - From our sponsors: CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. These cash-settled contracts give full exposure to crypto performance without the hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in a transparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more. Disclaimer: This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. - This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

This episode of Markets Daily is sponsored by CME Group.

0:08.2

Hello, this is Markets Daily from CoinDesk.

0:11.2

I'm Noel Atchison, and on today's show, we'll be turning it over to CoinDesk indices

0:15.4

for some weekly crypto market insights.

0:18.2

We'll be using Wondercraft AI voice for this episode. Just a reminder,

0:22.7

CoinDisc is a news source and does not provide investment advice.

0:32.3

WonderCraft AI voice here to give you six crypto markets takeaways from last week. We'll start by taking a look at what

0:38.6

happened in markets during the first half of the week. Here, CoinDesk Indices provides week-on-week

0:44.8

data over the seven days leading up to Tuesday, October 3rd. Solana, up 21%, significantly outperformed

0:52.2

both Bitcoin up 4.8% and Ethereum up 4.7% week on week as the

0:57.9

crypto asset class broadly moved higher. Social Platform's Origin Protocol up 55% and Rally,

1:04.5

up 43% led among the 183 members of the Coin Desk Market Index. Bitcoin Cash, up 17%, continues to outperform Bitcoin.

1:14.2

Bitcoin Cash is up 154% so far this year, while Bitcoin is up 68% year-to-date.

1:20.3

Stay tuned for after the break, when we'll bring you three more takeaways from the week.

1:30.5

CME Group Crypt futures and options provide market-leading liquidity for Bitcoin

1:34.9

and ether trading.

1:35.9

These cash-settled contracts give full exposure to crypto performance without the hassle of

1:39.8

holding the physical position.

1:41.2

No digital wallet?

1:42.1

No problem.

1:42.9

Trade nearly 24-7 in a transparent

1:45.0

CFTC regulated market. Visit cMEgroup.com slash crypto to learn more. This communication is not

...

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