— Hcoin accelerates its growth in the stormy market
Author: love_mg; Graphics Designer: ericlau-天龙; Coordinator: BeBrave(文墨); Publisher: langford
1. As Miles Gup pointed out in the live stream, one popular international brand will authorize Himalaya Exchange to issue the coins, which recognized the credit of Himalaya Exchange on digital currency issuance.
2. As the control of inflation did not reach the investor expectation, the financial market encountered the most turbulent trend this week.
■ Market Cap
• Current market cap: 25.47B USD (market dominance to be 2.63% and rank 4 out of 8.5K non-stable coins).
The current market cap of BTC and ETH are 383.46B USD and 176.65B USD
■ Volume
• Daily average: 10.73M USD (WoW: 217.90%), larger than 96.91% digital coins. The daily volume of BTC and ETH are 37.97B USD and 17.07B USD
■ Weekly fundamentals and stochastic oscillation
• Weekly returns: -8.40%, better than 42.80% digital coins, 5.79% S&P500 stocks with weekly BTC, ETH and S&P500 returns to be -7.52%, -16.67% and -5.17%
• Volatility: 7.46%, better than 22.88% digital coins, 0.20% S&P500 stocks with volatility of BTC, ETH and S&P500 to be 3.74%, 3.94% and 2.09%
• Sharpe ratio: -0.13, better than 65.23% digital coins, 88.22% S&P500 stocks with sharpe of BTC, ETH and S&P500 to be -0.28, -0.64 and -0.50
• Stochastic oscillator: 29.90, better than 36.68% digital coins, 25.35% S&P500 stocks with stochastic oscillators of BTC, ETH and S&P500 to be 68.64, 55.85 and 30.44
Data sources: https://himalaya.exchange/trading?coinpair=HCN/HDO