Tuesday, October 8, 2024
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HCN Q-Bytes Weekly Report (Aug 28,2022-Sep 3,2022) –Hcoin keeps growing despite market declining in the week

Author: love_mg; Graphics Designer: ericlau-天龙; Coordinator: BeBrave(文墨); Publisher: langford

①More sovereign stated tighten and imposed more rules on crypto market 

②The large increase of open interest on ETH shows that investor are pessimistic about the digital coin market 

【Market Cap】

✿ Current market cap: 29.89B USD (market dominance to be 3.06% and rank 4 out of 8.5K non-stable coins). The current market cap of BTC and ETH are 381.54B USD and 191.89B USD

【Volume】

✿ Daily average: 4.18M USD (WoW: 10.47%), larger than 95.05% digital coins. The daily volume of BTC and ETH are 30.59B USD and 17.93B USD

【Weekly fundamentals and stochastic oscillation】

✿ Weekly Returns: 11.63%, better than 88.84% digital coins, 99.80% S&P500 stocks with weekly BTC, ETH and S&P500 returns to be -1.43%, 4.61% and -3.22%

✿ Volatility: 2.99%, better than 55.54% digital coins, 0.80% S&P500 stocks with volatility of BTC, ETH and S&P500 to be 2.08%, 4.07% and 0.57%

✿ Sharpe Ratio: 0.54, better than 95.73% digital coins, 99.40% S&P500 stocks with sharpe of BTC, ETH and S&P500 to be -0.09, 0.18 and -1.14

✿ Stochastic Oscillator: 43.98, better than 79.80% digital coins, 93.81% S&P500 stocks with stochastic oscillators of BTC, ETH and S&P500 to be 9.16, 23.73 and 10.75 

Data sources: https://himalaya.exchange/trading?coinpair=HCN/HDO

https://coinmarketcap.com/

https://finance.yahoo.com/

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