The digital asset market experienced a challenging week, as a wave of negative news from China, combined with reaction to economic policy in the US, caused major pullbacks before a rally recovered some of the lost ground

Digital assets showed signs of resurgence this week

Digital assets performed relatively steadily this week, with a short lived dip early in the week that was counteracted with bullish momentum on Wednesday

Digital assets rallied slightly from recent corrections, remaining well above previous week’s lows, but not experiencing major bullish momentum

Digital assets experienced further corrections this week, falling to lows over the weekend before beginning to rally on Tuesday.

Digital assets experienced a major reversal in momentum this week, with the largest correction since March 2020.