Crypto Weekly (19/02 – 25/02): DeFi is Back

Let's review all the significant news from the crypto market last week and highlight the important events set to occur this week together with AZC.News.

Azcnews Breaking (13)

Summary of last week crypto market

Throughout last week, Bitcoin remained in a sideways trend, fluctuating within the range of 50500 to 52500. This indicates that Bitcoin has not faced any significant reactions in the absence of major news or events affecting its price trajectory.

Following a slowdown in the upward momentum of major cap coins, attention has shifted towards the DeFi sector with a series of significant updates. These include Uniswap proposal to share fees with UNI stakers, Optimism fourth airdrop, and the continuous development of new solutions like EigenLayer retstaking and Ethena novel USDe stablecoin model.

Crypto: Chart BTC

BTC/USD Price Chart as of 1:57 AM on 26/2/2024

Top 10 coins in the top 100 that experienced the highest increase in the past week: AGIX, UNI, WLD, FLR, AR, FET, FIL, THETA, RNDR, GRT.

Top 10 cryptocurrencies with the strongest gains

Source: Coinmarketcap

Top 10 coins in the top 100 that experienced the highest decrease in the past week: STRK, SEI, DYM, HNT, SATS, PYTH, TIA, MINA, INJ, SUI. 

Top 10 cryptocurrencies with the sharpest declines

Source: Coinmarketcap

Important News

Key Highlights for This Week

This week, there will be some important news as follows:

  • On Wednesday (28/02/2024) at 8:30 PM, there will be the release of the US Gross Domestic Product (GDP) figures. If the figures are higher than expected, it will be positive news for the USD, and vice versa.
  • On Thursday (29/02/2024) at 8:30 PM, the Initial Jobless Claims data will be released. As usual, if the figures are higher than expected, it will be negative news for the USD, and vice versa.

AZC.News Crypto Weekly is a publication of AZC.News, providing weekly updates on the latest cryptocurrency news. Whether you’re an experienced investor or just starting out, AZC.News offers comprehensive information on market trends, price movements, and significant developments in the cryptocurrency space. Don’t miss out on crucial information that could impact your investment decisions. Stay informed, stay ahead – join AZC.News now!

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  1. Avatar of Εγγραφ στο Binance
    Εγγραφ στο Binance

    Your article helped me a lot, is there any more related content? Thanks!

  2. Avatar of Raymond
    Raymond

    Please follow AZC.News to update more important information daily. Thank you

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