Digital assets traded in a tight range this week, with a slight upward trend of recovery from last week’s significant drop.

Digital assets experienced large losses this week, echoing wider macroeconomic declines and uncertainty affecting global markets and on-risk assets.

Digital assets traded in a tight range this week, declining slightly from Sunday onwards.

Digital assets continued last week’s decline into the weekend, before recovering on the basis of statements by Federal Reserve chairman Jerome Powell.

Digital assets had a steady start to the year, with Bitcoin and Ether trading in a relatively tight range before dropping heavily late on Wednesday.