BitDigest August 25 · Issue #728

Aug 25, 2020
  • Median price of top digital currencies by marketcap falls 1.2% overnight
  • The BIS reports that different countries have different reasons to support central bank digital currencies
  • Brazil’s central bank establishes CBDC working group
BitDigest August 25 · Issue #728

Crypto Fear and Greed Index

The Fear & Greed Index for bitcoin and other large cryptocurrencies has declined 7 points this week to 75 driven by investor concerns over the inability for bitcoin and ether to break out of their current trading bands.

BitDigest August 25 · Issue #728

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 2.93% falling to $60k and ETH 2.08% approaching the low $2,300s. Aptos (APT -1.11% ) 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 7.01% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC 2.93% climbing back above $61,000 and SOL 7.36% moving above $145, while ETH 2.08% is lagging, trading around $2,400. Among today's outperformers is SUI 9.75% , 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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