Digital assets experienced modest gains following last week’s losses, as ETFs returned to inflows and the stablecoin space continued gathering steam.

Digital assets faced a challenging week, experiencing significant losses amidst wider global market and investor uncertainty.

Digital assets displayed volatility this week and surrendered some of last week’s gains, as Bitcoin ETFs continued to exhibit strength but buyers across the wider market took profits.

Digital assets saw growth this week, as hopes grew around the possibility of higher rate cuts by the Federal Reserve.

Digital assets pulled back further this week, after the rally which followed last week’s macro-driven decline stalled.

Digital assets were affected by the global investor panic across all markets and suffered one of their worst weeks since the FTX collapse, before rallying to erase some of the losses.