BitDigest April 22 · Issue #642

Apr 22, 2020
  • Crypto fighting to breakout of current pattern, bitcoin holding under $7,000
  • The Central Bank of the Netherlands says “cash is no longer king” and want to play a leading role in the development of a European central bank digital currency
  • Ripple sues YouTube to stop crypto scams on the video streaming platform
BitDigest April 22 · Issue #642

Bitcoin (BTC) is building support at $7,000, looking to break up and test resistance at $7,730. At the current level, Technical Roundup sees no real concern unless BTC falls below $6,380.

BitDigest April 22 · Issue #642

The Headlines

Market Data

Exchange, Custody and Product News

Reports you may have missed

MARKET UPDATE Crypto is broadly lower today as geopolitical conflict continues to weigh on risk assets, with BTC 1.19% falling to $60k and ETH 3.17% approaching the low $2,300s. Aptos (APT 4.92% ) is one of the few gainers in the top 100 tokens as they have strengthened their presence in Japan via an acquisition of HashPalette, a Japanese NFT service provider and developer of Palette Chain. AAVE 5.97% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC 1.19% climbing back above $61,000 and SOL 1.22% moving above $145, while ETH 3.17% is lagging, trading around $2,400. Among today's outperformers is SUI 5.25% , which appears resilient despite a $115 million token unlock yesterday. Oil is partially retracing its early rally, gold is lower on the day, and yields are moving higher, suggesting at least a temporary reversal of...

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