BitDigest - Tuesday April 28, 2020

Apr 28, 2020
  • Crypto prices are flat overnight with XRP being the only REBEL constituent to show a greater than 100 bps move
  • China announces plans to expand its DCEP project to six more geographic markets
  • Russian President Putin says his country cannot have a cryptocurrency because cryptocurrencies have no national borders
BitDigest - Tuesday April 28, 2020

The Crypto Fear & Greed Index jumped this week to “27” moving into the ‘Fear’ range after residing at “17” or ‘Extreme Fear’ last week. The positive move in sentiment brings the index to the high levels it has been at since falling in early March. The Index hit a high of “28” yesterday. 

BitDigest - Tuesday April 28, 2020

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MARKET UPDATE Crypto is broadly lower today as geopolitical conflict continues to weigh on risk assets, with BTC -0.15% falling to $60k and ETH -0.98% approaching the low $2,300s. Aptos (APT -1.21% ) 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 -2.08% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC -0.15% climbing back above $61,000 and SOL -0.05% moving above $145, while ETH -0.98% is lagging, trading around $2,400. Among today's outperformers is SUI -1.36% , 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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