Crypto Daily Report – August 17

Aug 17, 2022
body{ background-color:'#041529';} body,table,td,p{ font-size:22px; } body div center ul, body div center li { margin-left: 10px !important; margin-right: 0 !important; } a { color:'#3E84CE'; } .font_small, .font_small td, .font_small p{font-size:16px;} .font_big, .font_big td, .font_big p{font-size:26px;} @media screen and (max-width: 640px){ body,table,td,p{ font-size:28px; } .font_mobile, .font_mobile li, .font_mobile div, .font_mobile p {font-size:30px;} .font_small, .font_small td, .font_small p{font-size:24px;} .font_big, .font_big td, .font_big p{font-size:28px;} } Most Important Daily Data and News for Digital Assets Crypto Daily ReportAugust 17, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FSINSIGHT Tickers on this report: AVAX, BNB, BTC, ETH, SOL Market UpdateFSInsight Digital Asset Research TeamBoth traditional and crypto markets are selling off today as investors anxiously await the release of July’s FOMC meeting minutes. Additionally, investors are digesting earnings from retail giants and a double-digit inflation report in the UK. The S&P 500 and Nasdaq are down 0.80% and 1.32%, respectively. Crypto markets are following with $BTC trading around $23.4k (-1.90%) and $ETH trading at approximately $1.84k (-2.15%). Alt-Layer 1 tokens are similarly negative today,

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MARKET UPDATE Crypto is broadly lower today as geopolitical conflict continues to weigh on risk assets, with BTC 2.28% falling to $60k and ETH 5.14% approaching the low $2,300s. Aptos (APT 2.08% ) is one of the few gainers in the top 100 tokens as they have strengthened their presence in Japan via an acquisition of HashPalette, a Japanese NFT service provider and developer of Palette Chain. AAVE 5.13% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC 2.28% climbing back above $61,000 and SOL 1.96% moving above $145, while ETH 5.14% is lagging, trading around $2,400. Among today's outperformers is SUI 6.37% , which appears resilient despite a $115 million token unlock yesterday. Oil is partially retracing its early rally, gold is lower on the day, and yields are moving higher, suggesting at least a temporary reversal of...

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