Cryptocurrency Market Round-Up

Typically, cryptocurrencies are termed as digital currencies and use blockchain technology to record every transaction. Internet Computer (ICP) is a blockchain-based protocol developed by the Swiss-based DFINITY Foundation to create a decentralised internet infrastructure. The platform is designed to provide web-speed performance and scalable smart-contract capabilities, enabling developers to build applications and digital services directly on the blockchain without relying on traditional cloud providers. ICP has a market capitalization of ~USD 1.33 billion (as per TradingView as of August 27, 2026).

For the week ended August 21, 2026, the S&P Cryptocurrency Broad Digital Market Index gained 22.53% to close at 4,203.01, reflecting broad-based strength across the digital asset market. The index remained under positive momentum, supported by improving investor sentiment and continued buying activity. Early in the new trading week, the market extended its gains amid favourable conditions across the cryptocurrency space. Moreover, the broader outlook for digital assets remained positive, supported by the resilience of major cryptocurrencies such as Bitcoin and Ethereum, which continued to attract investor interest and help stabilise overall market sentiment.

Having understood the S&P Cryptocurrency BDM Index movement over the last week and the scenario for the upcoming week, one cryptocurrency that seems ‘Attractive’ at the current level appears to be Internet Computer (ICP) based on the below technical parameters: -

Past performance is not a reliable indicator of future performance.