Digital assets experienced another week of moderate growth, with Bitcoin sustaining prolonged trading above $20,000.

Digital assets traded in a relatively narrow range, with the exception of significant upside and downside volatility around a Jerome Powell speech on Tuesday.

Digital assets experienced significant pullbacks as many global markets exhibited risk-off behaviour in the face of interest rate hikes.

Strong early trading in digital assets allowed for a positive weekly performance, despite a steep drop following higher-than-forecast inflation figures.

Digital assets suffered as wider global macroeconomic stresses continue to drive investors away from risk-on assets.