Crypto Daily Report – September 19

Sep 19, 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 ReportSeptember 19, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FSINSIGHT Tickers on this report: ALGO, ATOM, BTC, ETH, QQQ, SOL, SPX, WETH Market UpdateSean Farrell Head of Digital Asset StrategyGiven the disappointing CPI report last week, we suggested an increased need to manage downside risk in the immediate term in Friday's weekly note. Over the weekend, we witnessed steep drawdowns across most major cryptoassets, as $ETH (-3.4%) dipped below $1.4k and $BTC (-2.6%) traded below $19k for the second time this month. At the time of writing, global equities are showing signs of another volatile week, with $SPX (-0.2%) and $QQQ (-0.4%) movi

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After significantly outperforming equities leading up to its halving event on Friday, BTC 0.88% continued its upward trend over the weekend, now trading just below $66k. ETH 1.15% has generally followed suit, although continuing to lag behind BTC, with its current price around $3200. SOL -1.20% , 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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