BitDigest August 7 · Issue #716

Aug 7, 2020

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MARKET UPDATE Crypto is broadly lower today as geopolitical conflict continues to weigh on risk assets, with BTC -0.89% falling to $60k and ETH 0.50% approaching the low $2,300s. Aptos (APT -2.96% ) 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 13.93% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC -0.89% climbing back above $61,000 and SOL 1.42% moving above $145, while ETH 0.50% is lagging, trading around $2,400. Among today's outperformers is SUI -1.52% , 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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