Crypto Daily Report – October 21

Oct 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 ReportOctober 21, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FS INSIGHT Tickers on this report: AVAX, BNB, BTC, ETH, LDO, SOL Market UpdateWalter Teng Vice President of Digital Asset StrategyMarkets seem to be teetering along support levels as Federal Reserve officials barrel toward another 75bps interest rate hike during their meeting in early Nov. Beyond the next meeting, however, the speed and magnitude of hikes last seen since 1980s has seen some Fed Committee Members adopt a more conservative tone. Having dipped to $18.7k and $1.25k earlier in the day, $BTC and $ETH rebounded (+2.8% from trough) at time of writing. Alt Layer 1 projects

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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 -0.37% has generally followed suit, although continuing to lag behind BTC, with its current price around $3200. SOL -2.81% , 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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