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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
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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.

 

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