ECOS weekly analytical report
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The last week (March 2-9) analytics and the crypto market performance
Total capitalization of all cryptocurrencies has dropped by 5 % over the week and amounts to 1 trillion 828 billion USD
? Key news of the week
- NFT hype is leaving the marketplace. Daily volume in the largest NFT marketplace, OpenSea, dropped from $250 million to about $70 million, down 72% from its peak
- VanEck launches ETF for mining cryptocurrencies
- Last week, digital asset inflows totaled $127 million, up from the previous week, indicating that investors remain supportive of digital assets despite recent geopolitical events
- FC Barcelona wants to create its own crypto to help them compete against clubs owned by large corporations and foreign investors, President Joan Laporta said. They will launch a series of NFTs (non-interchangeable tokens) in the near future
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