Recap of the past week

This week has been a crazy and volatile week, to say the least. BTC rallied 20% in 5 days from the local bottom it put in at 18.6k, only to correct most of the move after a miss on CPI numbers suggesting that inflation is here to stay for a while. On the other hand, ETH during the BTC rally lagged as people were cautious before the merge. The biggest event of this week was the ETH merge going through successfully. This led to a sell the news event for ETH on Thursday, making the asset go down 10%.