Strong early trading in digital assets allowed for a positive weekly performance, despite a steep drop following higher-than-forecast inflation figures.

Digital assets suffered as wider global macroeconomic stresses continue to drive investors away from risk-on assets.

Digital assets traded within a narrow range following a wider market drop in reaction to continued hawkish policies from the US Federal Reserve.

Digital assets retracted some recent gains, as most markets moved into risk-off mode ahead of the Federal Reserve’s annual meeting.

Digital assets grew strongly throughout the weekend, before cooling off, amidst fears of continued large interest rate hikes.

Digital assets experienced another strong week of growth, after lower-than-forecast CPI figures boosted investor confidence.