CoinDesk Podcast Network

MARKETS DAILY: CoinDesk Markets Week in Review

Mar 1, 2024

A review of the weekly cryptocurrency market performance, focusing on meme coins like Dogecoin and Shiba Inu, along with insights on the market's growth in February and the dominance of assets like Bitcoin and Ethereum.

04:53

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Episode guests

Connor Farley

Tracy Stephens

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Episode notes

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Quick takeaways

Meme coins like dogecoin and Shiba Inu surged significantly, while assets like Food Polygon, Uniswap, and Chainlink did not see double-digit returns.

Sector-wise, information tech and utility sectors showed remarkable gains, with rise in web3 gaming attracting more blockchain adopters.

Deep dives

Crypto Market Insights

Meme coins like dogecoin and Shiba Inu surged significantly, with dogecoin up by 49% and Shiba Inu by 41%, while assets like Food Polygon, Uniswap, and Chainlink have not seen double-digit returns. Outside the CoinDesk 20, meme coins pepay and bonk led the 189 asset market index with notable gains. TruVius CEO Connor Farley highlighted the substantial growth in digital asset markets in February, especially after the SEC's approval of the spot Bitcoin ETF.

Comprehensive Review of Weekly Cryptocurrency Market Performance and Analysis

5min

CoinDesk Indices presents notable data insights from the week, followed by additional analysis from an industry expert.

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The CoinDesk Market Index (CMI) functions as a benchmark for the performance of the digital asset market, delivering institutional quality information to digital asset investors. Subsets of the CoinDesk Market Index (CMI) are investible CoinDesk Crypto Sectors and the CoinDesk 20 Index, designed to measure the performance of the top digital assets. Today’s takeaways are provided by Tracy Stephens, senior index manager at CoinDesk Indices with additional analysis from Connor Farley, co-founder and CEO of Truvius. For more on CoinDesk Indices, visit: coindeskmarkets.com.

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This episode was hosted by Jennifer Sanasie and uses Wondercraft AI Voice. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl, alongside Senior Booking Producer Melissa Montañez. All original music by Doc Blust and Colin Mealey.

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