Bitcoin demonstrated both upside and downside volatility around the $20,000 mark, before higher-than-forecast CPI figures led to a steep market drop.

Digital assets spent the majority of the week trading in a narrow range, but with a gradual upward trajectory.

Digital assets experienced modest growth for the majority of the week, before erasing those gains with a sharp decline late on Wednesday.

Digital assets continued to suffer bearish sentiment, but slowed the momentum of losses after rebounding from a weekend sell-off.

Digital assets suffered major losses this week, after record inflation figures led to sell-offs and recession fears across global markets.

Digital assets had another week of stable performance, as Bitcoin continued to fluctuate around the $30,000 mark.