Weekly Crypto Market Insights – 28th November

Nov 28 2022
Weekly Crypto Markets Insights
3 minutes
We're back with the 5th edition of weekly crypto market insights. What moved the markets last week? Find out below.
Weekly Crypto market insight 28-11 hero
Back

Last week was a rather calm week if compared to the preceding two. Some of the most noteworthy headlines were: a $1 billion rescue fund was announced (plus another $1B to be allocated), Aave gets through exploit attempt, and Genesis situation still to be resolved.

The global crypto market cap grew by 3.48%. Exchange trading volumes were largely the same for Binance and Coinbase, up by 26.34% for Kraken and down for others. Bitcoin return above the $16k mark trading at $16,182, and ETH is now trading at $1,172.

Key Market Metrics

Global Crypto Market Cap is at $ 871 Billion, a 3.48% change WoW. The total value locked in DeFi is at $ 41.17 Billion, a decline of -0.19% WoW.
Crypto exchanges leaderboard:
  1. Binance up by 0.38%
  2. Coinbase down by -0.70%
  3. Kraken up by 26.34%
  4. KuCoin down by -27.99%
  5. Binance.US  down by -10.12%
BTC trading at $16,182 up by 0.49% WoW, dominance at 40.11%, ETH trading at $1,172, dominance at 18.47%, down by -1.68%.

Top Gainers & Losers

Top gainers and losers in price, ranked by their total market cap are mentioned below.
Top gainers in price this week were: CELO by 57.42%, HT by 48.97%, CRV by 26.57%, APE by 25.83%, and DOGE by 25.63%.
Top losers were: CHZ by -16.85%, XCN by-10.72%, LEO by -8.21%, ALGO by -7.39%, and LDO by -6.84%.

Recap of the Most Noteworthy News of Past Week

We hope you found these weekly crypto market insights helpful preparing for the week ahead.

 

Contact Us

We are always open to discussing new ideas. Do reach out if you are an exchange or a project looking for liquidity; an algorithmic trader or a software developer looking to improve the markets with us or just have a great idea you can’t wait to share with us!