MARKETS DAILY: CRYPTO MARKETS WEEK IN REVIEW
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 22 November 2024
⏱️ 5 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | Happy Friday, everyone. I'm Jen Sassy, and you're listening to Markets Daily from Coin Desk. On today's |
| 0:05.5 | show, we are passing it over to Coin Desk Indecese for some weekly market insights. This is CoinDest |
| 0:11.4 | Indices, and here's our Coin Desk Markets Week in review. Let's look at some key digital asset |
| 0:17.0 | takeaways from the week ending November 22nd. And stick around. We'll have additional analysis |
| 0:22.4 | from Callie Crossman, DataOps lead at security token market. As of Thursday afternoon, Bitcoin |
| 0:28.2 | continues to move higher, nearly reaching the $100,000 level after the announcement that |
| 0:33.9 | SEC Chair Gary Gensler would step down in January. |
| 0:38.3 | Among Altcoins, recent performance has varied, with some CoinDesk 20 members seeing significant gains, |
| 0:45.3 | while others remained flat or slightly lost ground. |
| 0:48.3 | Hedera, an alternative layer one smart contract platform, more than doubled this week as one of its board members, Brian Brooks, |
| 0:55.5 | is reportedly a frontrunner for Gensler's replacement. Payments protocol stellar also moved |
| 1:00.0 | significantly higher, increasing in value by 98% over the week. This week, Ethereum lagged. Going |
| 1:06.1 | into Thursday, Ethereum had lost 3.3% over the week, although it gained that back and more as of Thursday afternoon. |
| 1:14.4 | This was brought to you by Tracy Stevens from CoinDesk Indices. |
| 1:19.0 | Now, here is market analysis from Callie Crossman, data ops lead at security token market. |
| 1:24.7 | This week, the CoinDesk 20 Index continues its impressive performance, |
| 1:29.3 | showing a robust 11.3% growth week over week, a remarkable 40.1% increase month over month, |
| 1:36.3 | and 109% growth year to date as of November 20th. Among the leaders, Solana stands out with significant growth, recording a 10.6% week-over-week |
| 1:46.8 | gain and a 46.3% rise month-over-month. Solana's initiatives in the real-world asset space |
| 1:52.5 | are contributing to this momentum, particularly as its infrastructure for tokenized assets |
| 1:57.4 | continues to expand. Notably, BlackRock's liquidity fund just recently expanded to |
| 2:02.3 | Solana, reflecting the increasing demand for interoperability on chain. |
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