Digital assets surrendered most of their gain from the previous few weeks, as global recessionary fears intensified.

Digital assets experienced another week of moderate growth, with Bitcoin sustaining prolonged trading above $20,000.

Digital assets traded in a relatively narrow range, with the exception of significant upside and downside volatility around a Jerome Powell speech on Tuesday.

Digital assets experienced significant pullbacks as many global markets exhibited risk-off behaviour in the face of interest rate hikes.

Strong early trading in digital assets allowed for a positive weekly performance, despite a steep drop following higher-than-forecast inflation figures.