Crypto Daily Report – October 11

Oct 11, 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 ReportOctober 11, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FS INSIGHT Tickers on this report: ALGO, AVAX, BTC, ETH, MATIC, NDAQ, SOL, SPX Market UpdateWalter Teng Vice President of Digital Asset StrategyEquity markets are showing slight relief from their decline yesterday and lower open today, with $SPX (+0.1%) and $NDAQ (+0.9%) rebounding at time of writing. $BTC is trading at $19.1k (-0.8%) after wicking to $18.9k earlier today, while $ETH is changing hands at $1.29k (-1.2%). $SOL (-3.2%), $MATIC (-4.5%), and $AVAX (-3.2%) are similarly trending downwards with their market betas. The retracements across the board mimic de-risking activi

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After significantly outperforming equities leading up to its halving event on Friday, BTC 0.30% continued its upward trend over the weekend, now trading just below $66k. ETH -0.36% has generally followed suit, although continuing to lag behind BTC, with its current price around $3200. SOL -2.30% , meanwhile, has continued its strong rebound from the recent price slide, reaching $156 yesterday, currently trading slightly below that level. The crypto market is broadly performing well...

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