MARKETS DAILY: CRYPTO MARKETS WEEK IN REVIEW
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 15 November 2024
⏱️ 5 minutes
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| 0:00.0 | Happy Friday, everyone. I'm Jen Sanasi, and you're listening to Markets Daily from Coin Desk. |
| 0:10.0 | On today's show, we are passing it over to Coin Desk Indeces for some weekly market insights. |
| 0:15.6 | This is Coin Desk Indices, and here's our Coin Desk Markets week in review from the week ending November 15th, |
| 0:22.6 | 2024, with data from the 4 p.m. New York closing on Wednesday, November 13th. And stick around. |
| 0:29.2 | We'll have additional analysis from Amina Bank's Anirud Shrivada. This has been a historic week for |
| 0:35.2 | digital assets following the U.S. elections. |
| 0:38.0 | 19 members of the CoinDesk 20 moved higher, with 17 increasing in value by more than 10%. |
| 0:44.3 | The broad-based index gained nearly 20% in the seven-day period. |
| 0:48.9 | This rally illustrates investor expectations of a crypto-friendly administration. |
| 0:53.3 | Standouts in the crypto-asset class this |
| 0:55.2 | week include Cardano, which is up more than 60%, as well as Solana and Bitcoin, which are both up |
| 1:01.6 | more than 40% on the week. Uniswap is a relative laggard and the only member of the CoinDesk 20 to have |
| 1:07.9 | negative returns over the week, losing nearly 10% of its value. |
| 1:11.9 | This reversion comes after the Uniswap token was by far the single greatest gainer in the |
| 1:17.2 | CoinDestk 20 on Election Night itself, gaining more than 30% between 4pm on November 5th and |
| 1:22.9 | November 6th. |
| 1:23.8 | This was brought to you by Tracy Stevens from CoinDesk Indices. |
| 1:27.2 | Now, here's market analysis from |
| 1:28.9 | Anirud Shrivata, digital assets research analyst at Amina Bank. The crypto market is on a tear. |
| 1:35.7 | Leading the way on the CoinDesk 20 index this week is Cardano, which is up 52.1% and currently |
| 1:42.6 | outperforming all other assets in the index. Following the U.S. |
| 1:46.5 | presidential election results last week, the crypto market has been on an unstoppable rally, |
... |
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