Happy Friday, everyone. I'm Jen Sanasi, and you're listening to Markets Daily from

Coin Desk. On today's show, we are passing it over to Coin Desk Indeces for some weekly

market insights. Let's look at some key digital asset takeaways from the week ending August 30th,

with data from the 4 p.m. New York

close on Wednesday the 27th. And stick around. We'll have additional analysis from Alex

Bo-T., partner at HackVC. The CoinDest 20 started August above 2,200, then dropped to 1600 on

the 5th of August, and has now fought its way back to 1912. This volatility can be

attributed to a shift in expectations about a Fed rate cut and the U.S. elections. Among

index members, Ethereum is the biggest laggard in August, down 23% month to date. This is mostly

the result of the recently launched ETH's continued net outflows

following an optimistic first week. The index leaders this month are APOs, which has gained 5.7%

over the month, an AI-focused render token, which gained 1.1%. This was brought to you by Tracy

Stevens from CoinDesk Indices. Now, here is market analysis from Alex Bo-T, partner at HackVC.

Earlier this week, the CoinDesk 20 Index was buoyed at least partly by a rally in the

crypto markets following Federal Reserve Chair Jerome Powell's speech at Jackson Hole.

Powell hinted at a potential policy adjustment, reinforcing expectations

of an interest rate cut in September. This optimistic outlook likely contributed to a surge in

digital asset investment products, which saw inflows totaling over 500 million, the largest

positive movement in five weeks, according to coin shares. Notably,

Bitcoin was the primary beneficiary, attracting $543 million in inflows, underscoring its sensitivity

to interest rate expectations. Beyond macroeconomics, another frequently talked about factor

impacting crypto markets is the upcoming U.S. presidential election.

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