Digital Assets Weekly: July 15th
Jul 15, 2020
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Market Analysis
It was another quiet week with limited price action as BTC traded between a tight range of $9,118 and $9,450. The asset finished the 7 days ended 7/13 at $9,277; down 1.4% over the period.
Bitcoin remains firmly ahead of gold as the best performing asset class on a YTD basis.
Ripple (XRP) led all other major crypto assets by 6% - 10% this week and was up 5.5% on the week.
FS Crypto FX 40 was the best performing index last week and outperformed Bitcoin by 12%. Major contributors to the FS Crypto FX 40 index outperformance were Chainlink (+33%) and Cardano (+18%). FS Crypto FX...