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Crypto Daily Report – May 25

May 25, 2022
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 FSInsightMay 25, 2022Majors Bitcoin and Ethereum have been consolidating for the past couple of weeks, with BTC trading between ~29k and ~31k and ETH trading between ~1,900 and ~2,150. So far today, BTC is down .50% and ETH is down .46%, while most altcoins continue to bleed lower. Smart contract platforms Avalanche and Solana are down 3.95% and 3.28%, respectively. Despite general weakness in the altcoin market, Tron (TRX) has seen some relative outperformance, rising 3.68% today and 11.69% this week. This move seems to have originated from the announcement of Tron's USDD algorithmic stablecoin. The FOMC minutes later today at 2pm EST are worth keeping an eye on as it will likely lead to volatility.The billionaire founder and CEO of the FTX crypto exchange, Sam Bankman-Fried, revealed in a podcast interview that he intends to give "north of $100 million" with a "soft ceiling" of $1 billion to bankroll the person running against former president Donald Trump in the 2024 presidential election. According to government watchdog O

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