MARKETS DAILY: CoinDesk Market Index Week in Review
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 16 September 2023
⏱️ 4 minutes
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| 0:00.0 | This episode of Markets Daily is sponsored by Cracken. |
| 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 |
| 0:38.7 | what happened in markets during the first half of the week. Here, CoinDesk Indices provides week-on-week |
| 0:44.5 | data over the seven days leading up to Tuesday, September 12th. The culture and entertainment sector, |
| 0:50.4 | which contains digital assets associated with art, media, and the Metaverse, |
| 0:55.4 | lagged early this week relative to the rest of the market, including Immutable X, down 11%, |
| 1:00.9 | ape coin down 15%, and Axi Infinity down 7.8%. The majority of the market was down Tuesday to |
| 1:08.3 | Tuesday, meaning 159 of the 183 assets in the |
| 1:12.5 | Coin-desk market index. |
| 1:14.3 | Bitcoin, however, relatively outperformed, while Ethereum relatively underperformed. |
| 1:19.7 | Over the past seven days leading to Tuesday, only four protocols in the 183 asset |
| 1:24.4 | Coin Desk Market Index saw double-digit appreciation. |
| 1:28.5 | These include automated market maker perpetual protocol of 41%, shared storage network, storage |
| 1:34.2 | of 25%, social platform origin protocol, up 20%, and smart contract platform chromia, |
| 1:40.3 | up 16%. |
| 1:41.2 | Stay tuned for after the break when we'll bring you three more takeaways from the week. |
| 1:51.8 | Meet the all-new Cracken Pro, the powerful, customizable, beautiful way to trade crypto. |
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