Crypto Daily Report – October 19

Oct 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 ReportOctober 19, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FS INSIGHT Tickers on this report: APT, BTC, ETH, NFLX, UAL, UNI Market UpdateFS Insight Digital Asset Research TeamTraditional markets are selling off modestly today as earnings season has kicked into gear. The S&P 500 and Nasdaq are down 0.40% and 0.15%, respectively, at the time of writing. After the market close yesterday, $NFLX (+13.32%) and $UAL (+7.31%) posted strong earnings, displaying the resilience of corporate earnings despite the macroeconomic headwinds seen so far this year. Crypto markets have continued ranging with $BTC trading in the low $19,000s (-0.56%) and $ETH

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We are witnessing a continuation of the recent weakness in crypto markets today, with BTC -4.37% now testing $60k, ETH -5.79% just below $3k, and SOL -6.67% 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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