The cryptocurrency market has been experiencing one of its worst weekends of 2024 so far. That’s because most assets traded slightly in the green for most of the week. However, they plummeted spectacularly in the past 48 hours.

Bitcoin and other digital assets received highest ever inflows last week, according to its report.

Ahead of the event risk of CPI, PPI, and FOMC Minutes this week, stocks ambled along while the STIRs market eviscerated more rate-cut hope, sending Treasury yields higher and gold and crypto also soared amid 'policy error' fears.

The cryptocurrency market gave traders mixed feelings after a lousy week, which followed one of its best periods in recent months. In fact, almost all notable assets were seen trading in the red, losing some hard-earned gains from the previous month.

As the digital landscape continually evolves, Ethereum’s innovative restaking mechanism is set to play a pivotal role in its network’s future.