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CoinDesk Market Index Week in Review

Markets Outlook

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Bitcoin's Performance Amid Uncertainties and Sector Divergence in Crypto Trends

This chapter discusses the impressive performance of Bitcoin amidst economic uncertainties, highlighting its nearly 80% returns compared to the 36% return of the NASDAQ 100 ETF. It also examines the underperformance of Ethereum and the standout performance of Solana in the smart contract platform sector, as well as the diverging performance among application sectors and the decline in NFT volumes.

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