CoinDesk Market Index Week in Review

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

This episode was hosted by Michele Musso. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by

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Why is the crypto market down this week?The crypto market is down this week as a strong US dollar, worsening macro conditions and declining investor sentiment negatively impact the market.
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Currency market: FX next weekOverbought DXY and oversold EUR/USD for the past 2 months traded maximum at 150 pip ranges for each of the prior 8 weeks. Spot market EUR/USD Futures
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Stocks may be losing market leader just ahead of August inflation reports next weekA deterioration in Apple shares this week is just the latest signal pointing to trouble for the stock market ahead of the August CPI report.
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Tech Drags Down Stock Market for WeekTraders pulled away from Apple and Nvidia, the same companies that have driven much of the S&P’s gains this year.
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