Digital assets had a steady start to the year, with Bitcoin and Ether trading in a relatively tight range before dropping heavily late on Wednesday.

Digital assets fluctuated this week, as lower trading volumes during the holiday period led to both steep rises and drops.

Digital assets experienced a relatively quiet week ahead of the festive season, trading within relatively tight ranges.

Digital assets continued their recent correction this week, as uncertainties regarding Wednesday’s FOMC meeting loomed over financial markets.

Digital assets suffered from a “flash crash” over the weekend, before a gradual recovery across the rest of the week took overall market capitalisation back to mid-October levels.

Digital assets rallied from last week’s declines, helped by news of “non-transitory” inflation from Federal Reserve chairman Jerome Powell.