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

Digital assets performed steadily this week, maintaining the last fortnight’s gains after Bitcoin closed its strongest month of 2022.

The digital asset market experienced a steady week, with a Eurozone inflation dip counteracted by a post-FOMC rally.

Digital assets rallied this week following more precise timelines on Ethereum’s network upgrade, and lessened liquidation from beleaguered lenders.

Bitcoin demonstrated both upside and downside volatility around the $20,000 mark, before higher-than-forecast CPI figures led to a steep market drop.

Digital assets spent the majority of the week trading in a narrow range, but with a gradual upward trajectory.