The Crypto Weekly Market Update: Polkadot Reached Top 5, Bitcoin Stagnant

View in browser Weekly Crypto Market Update BTC $11,491 | ETH $394 | XRP $0.270 | Total Market Cap: $360 Billion Bitcoin had a rather unproductive week of trading as it declined from about $17,750 to where it's currently at $11,500, losing about 2% in the process. However, the last seven days were not without their highlights. Just yesterday, the US Federal Reserve's Chairman, Jerome Powell, announced a historic shift in the institution's approach towards inflation average targeting, and the markets reacted. Bitcoin shot up from about $11,300 to $11,600, following gold and silver, as well as stocks. The celebration was shortlived as all markets tanked simultaneously, erasing the gains they made. Today, however, the leading cryptocurrency managed to recover from an intraday low at around $11,150, and it's currently trading at $11,500. Elsewhere, another coin made headlines this week. Polkadot's redenominated DOT token reached the top 5 projects in terms of market capitalization, after surpassing Chainlink a couple of days ago. This, too, didn't last long as LINK regained its position. Read The Full Market Update Price Analysis Overview of Bitcoin, Ethereum, Ripple, Chainlink, and Polkadot This week we've taken a closer look at the performance of Bitcoin, Ethereum, Ripple, Chainlink, and Polkadot. For an in-depth look, read more.  How to Use Uniswap: Guide and Risks to Consider As the DeFi boom continues, we've put together an easy-to-follow guide to swapping tokens on Uniswap.  Read more. Fidelity Launches its First Bitcoin Index Fund One of the world's largest asset managers, Fidelity Investments, is launching its very first Bitcoin index fund. Read more. 91 Maritza, Plovdiv Bulgaria You received this email because you signed up on our website or made a purchase from us. Unsubscribe