Crypto Daily Report – September 21

Sep 21, 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 ReportSeptember 21, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FSINSIGHT Tickers on this report: AAVE, BTC, ETH, LINK, UNI Market UpdateFSInsight Digital Asset Research TeamThe highly anticipated FOMC meeting is finally here. Investors are anxiously awaiting the Fed’s decision on interest rates today at 2:00 PM EST. The consensus is that interest rates will be raised by 75 bps, although the market is currently pricing an 18% chance of a full percentage point raise. Another thing to keep an eye on is the Fed’s updated dot plot which gives investors insight into where Fed members expect interest rates to be at the end of the next three ca

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We are finally starting to see some relief in interest rates and the DXY 0.00% following yesterday's FOMC meeting and the Treasury's quarterly refunding announcement. BTC 1.02% has rebounded from yesterday's low of $56.5k and is now trading just above $59k, while ETH 1.53% is attempting to break through $3k resistance. SOL 1.17% has outperformed, gaining 10% compared to BTC yesterday and is now trading just below $140. The market is showing decent breadth...

We are witnessing a continuation of the recent weakness in crypto markets today, with BTC 1.02% now testing $60k, ETH 1.53% just below $3k, and SOL 1.17% dipping under $130. The broader altcoin market is experiencing even more pronounced declines, with very few names posting a green candle today. The market was pushed lower in the overnight hours following a disappointing debut from the Hong Kong ETFs (more on that below). However, this...

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