Risk and return are two sides of the same coin.
Generally, the higher the expected return of an investment, the higher the risk it carries.
In this week’s recap, we expanded our analytics to drill down on the performance and risk across the major sectors of crypto markets.
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Top Assets – Performance
Top assets based on market capitalization experienced a sharp decline during the weekend.
However, most assets rebounded quickly ending the week in positive territory.
Leaders: $UNI, $ETH, and $ADA
Laggards: $DOT, $LTC, and $LINK
DeFi – Risk (volatility)
Volatility across most DeFi assets has seen a steady decline since the beginning of March.
$MKR experience an uptick in April shooting the token’s volatility to 9.8% making it the most volatile asset of the group on a rolling basis.
Smart Contract Platforms – Correlations
Over the past 30 days, $SOL has become increasingly uncorrelated with the rest of the assets in the smart contract sector.
On a weekly basis, the correlation continued to decrease reaching levels as low as -45%.
Top Assets – Correlation with Bitcoin
Correlations with #Bitcoin across all assets have picked up since the beginning of March.
A notable exception is $DOGE which saw an abrupt decrease in the middle of April because of its skyrocketing performance.
Check out the full piece to read about all these analytics across several sectors including:
-Top Assets
-DeFi
-Currencies
-Smart Contract Platforms
-Decentralized Exchanges
-Web-3
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messari.io/article/weekly…
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