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
After almost two years of shortages, retailers suddenly find themselves with too much product
Despite the short-term troubles, this situation may prove favorable for risk assets (crypto included) in 2023
Let me explain🧵
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CPI is composed of multiple components weighted according to importance
Energy represents 7.5%
As the Russia-Ukraine war continues, it is **highly** likely that crude oil supply shocks will keep on putting upward pressure on gas prices resulting in more inflation
Unfortunately, tighter monetary policy (aka rate hikes) doesn't help with commodity supply shocks
If you want to update the map, you'll need to update the "land_data.csv" file in the repo with updated LAND trades. You can download the most recent sales data from our @TheSandboxGame dashboard in @DuneAnalytics