Crypto Daily Report – November 28

Nov 28, 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 ReportNovember 28, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FS INSIGHT Tickers on this report: BTC, DXY, ETH, QQQ, REP, SPX, VIX, WBTC Market UpdateSean Farrell Head of Digital Asset StrategyOn Monday, escalating protests out of China took center stage across legacy and crypto markets as investors attempted to assess the broader implications. The rare demonstrations were primarily attributed to citizens' displeasure with the government's zero-COVID policy. The social unrest sparked a sell-off in equities and cryptoassets during Asian market hours, with $BTC (-2.1%) falling from $16.5k to $16.1k and $ETH (-3.8%) moving from just over $1,20

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Bitcoin (BTC -0.12% ) continues its stellar week, rising 9.02% to surpass the $62k mark and bring it within 11% of its all-time high. ETH -0.28%  has gained 5.43% today, exceeding $3,400, a level not seen since April 2022. Meme coins are outperforming today, with PEPE, DOGE 17.98% , and WIF gaining 21.63%, 19.07%, and 23.25%, respectively. The strong moves across various names have squeezed shorts, with over $209 million in short liquidations in the...

Bitcoin surged higher yesterday evening during Asian market hours, climbing from $54.8k to reach $57k. This increase followed a day of impressive inflows into spot BTC -0.12%  ETFs. ETH -0.28%  has taken a backseat for the time being, currently trading slightly above $3.2k. STX -6.04%  is performing well, up over 6%, but other recent market leaders are lagging. It appears that flows have shifted towards more speculative corners of the market, with memecoins...

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