Crypto Daily Report – August 2

Aug 2, 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 ReportAugust 2, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FSINSIGHT Tickers on this report: AMP, AVAX, BNB, BTC, ETC, ETH, SOL Market UpdateWalter Teng Digital Asset Strategy AssociateGlobal cryptocurrency markets are 1.5% lower over the last 24 hours, with $BTC and $ETH changing hands at $23.0k (-1.0%) and $1.64k (-1.6%). Alternate Layer 1 majors $BNB, $SOL, and $AVAX are trading at $287 (+0.4%), $41.8 (-0.9%), and $23.3 (-1.5%), respectively. Noted in our daily newsletter yesterday, the Ethereum community has been discussing the implications of the chain's PoS transition, with a minority favoring PoW. This is reflected in $ETC's surge in

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We are witnessing a continuation of the recent weakness in crypto markets today, with BTC -4.58% now testing $60k, ETH -6.09% just below $3k, and SOL -7.99% dipping under $130. The broader altcoin market is experiencing even more pronounced declines, with very few names posting a green candle today. The market was pushed lower in the overnight hours following a disappointing debut from the Hong Kong ETFs (more on that below). However, this...

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