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Crypto Daily Report – March 3

Mar 3, 2022
body div center ul, body div center li { font-size: 22px; margin-left: 10px !important; margin-right: 0 !important; Most Important Daily Data and News for Digital Assets Crypto Daily ReportThe Most Important Daily Data for Digital Assets Daily Updates from FSInsightMarch 3, 2022The crypto market continues to take a breather after the 23% run over the seven days since the invasion into Ukraine. Over the past 24 hours, the overall market cap is down $5.7B, just 0.3%. Bitcoin has seen very strong resistance at the $44k mark, dropping 0.1% to $43.6 after breaking that mark yesterday. Ethereum saw even stronger resistance at $3k, falling 1.4% to $2900 after spending a few hours above that $3k mark yesterday. While a number of popular cryptoassets have experienced similar pullbacks, many of last week's top-performing tokens such as LUNA, ATOM, and NEAR continue to make gains as investors appear to pour focus into protocols showing the most strength in this bull run.The Ukrainian minister of digital transformation, Mykhailo Fedorov, announced that they have canceled their plans to airdrop crypto to random donors. There were rumors that an airdrop was already taking place, but it appears the airdrop was a spoof done by a random third party. Instead, after already having raised almost $

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CRYPTO MARKET UPDATE AFTER ANOTHER DAY OF SIZEABLE OUTFLOWS FROM ETHE 4.58% , THE GRAYSCALE-ISSUED ETF NOW RETAINS JUST 85% OF THE AUM IT BEGAN WITH ON TUESDAY. However, crypto has rallied strongly since the US market closed yesterday, with BTC 1.60% briefly moving above the $68k level, ETH 1.39% rebounding sharply to $3,250, and SOL 4.00% revisiting $184. Among larger-cap tokens, SOL beta names including RNDR and JUP have outperformed over the past 24...

BTC 1.60% CFX 19.89% ETH 1.39% GBTC +4.88% IBIT JUP -8.65% RNDR -3.51% SOL 4.00%
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CRYPTO MARKET UPDATE CRYPTO WAS CERTAINLY LOOKING STRONG RELATIVE TO EQUITIES YESTERDAY UNTIL ASIAN MARKET HOURS COMMENCED. Shortly after the HK market opened, we saw increased sell pressure and approximately $100 million in liquidations across all crypto assets, bringing BTC 1.60% down to below $64,000, ETH 1.39% down to $3,150, and SOL 4.00% to just below $170. This contrast in price action during U.S. and Asia market hours has been consistent throughout July....

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CRYPTO MARKET UPDATE RATES ARE BROADLY LOWER, WITH A NOTABLY STRONGER RALLY AT THE FRONT END OF THE CURVE AS THE MARKET APPEARS TO BE TAKING POTENTIAL RATE CUTS OVER THE NEXT COUPLE OF FOMC MEETINGS MORE SERIOUSLY. Despite significant weakness in equities today, the crypto market is looking relatively healthy, with BTC 1.60% and many altcoins in the green. BTC 1.60% briefly rallied above $67k but has since drifted back down...

BTC 1.60% ETH 1.39% GBTC +4.88% IWM +1.75% QQQ +1.08% SOL 4.00% ^SPX
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CRYPTO MARKET UPDATE DESPITE BEING THE LAUNCH DAY FOR ETH 1.39% ETFS, CRYPTO BROADLY MOVED LOWER IN THE EARLY MORNING HOURS TODAY, POSSIBLY DUE TO MOVEMENT OUT OF THE MT. GOX TRUSTEE WALLETS. Mt. Gox sent approximately $130 million in BTC 1.60% to Bitstamp, leaving about 90k BTC 1.60% remaining in the trustee wallets. This move lower was likely also influenced by a rise in the DXY. Currently, BTC 1.60% is trading around $66.5k,...

AVAX 3.55% BTC 1.60% ETH 1.39% ETHBTC ETHE N/A% GBTC +4.88% GOOGL -0.17% SOL 4.00% TSLA -0.12% V +2.1%

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