Digital assets traded across a broad range this week, as Bitcoin hit a high of almost $28,000 before hawkish commentary from the Fed reversed momentum.

Digital assets continued last week’s slight recovery, with strong growth in late trading after an early-week decline.

Digital assets recovered slightly but traded in a much narrower range than last week, after ETF decision delays removed possible impetus for traders.

Digital assets experienced major midweek gains following a landmark legal victory, before paring them towards the weekend following SEC delays on ETF decisions.

Digital assets traded within a relatively stable range following last week’s losses, albeit with some large short-term rebounds.

Digital assets suffered major losses this week, amidst broader risk-off behaviour from investors and global macroeconomic concerns following the Evergrande collapse.