Crypto Daily Report – January 7

body div center ul, body div center li { font-size: 22px; margin-left: 10px !important; margin-right: 0 !important; Most Important Daily Data and News for Digital Assets Crypto Daily ReportThe Most Important Daily Data for Digital Assets Daily Updates from FSInsightJanuary 7, 2022Crypto continues correcting, with the overall market dropping 1.9% over the past 24 hours. Bitcoin is down 0.7%, continuing to outperform Ethereum's slide of 2.5%. Of note is Bitcoin's strength in this downturn relative to the altcoin market, as Bitcoin's market dominance has jumped from 39.5% to over 40% in the past 3 days. This could be a sign that the current sentiment is more risk-off after the fed minutes were released, similar to the reaction in traditional financial markets, and that Bitcoin is seen by investors as a mature, lower-risk asset.Vitalik Buterin, the cofounder of Ethereum, published a proposal to help manage the painfully high Ethereum gas fees. The idea is to create separate (or "multidimensional") fee structures for typical simple, low-data transactions and complex, data-intensive ones. Buterin proposed two options: set limits on each stage of processing a transaction based on either a predefined total data limit or price gas fees around the intensity of each stage relative to the b