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Crypto Daily Report – June 30

Jun 30, 2022
body{ background-color:'#041529'} body div center ul, body div center li { font-size: 22px; margin-left: 10px !important; margin-right: 0 !important; } a { color:'#3E84CE'; } Most Important Daily Data and News for Digital Assets Crypto Daily ReportJune 30, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FSINSIGHT Tickers on this report: AVAX, BNB, BTC, ETH, SOL Market UpdateFSInsight Digital Asset Research TeamCrypto markets fell lower today, erasing much of the short-lived bounce seen last week. $BTC broke $20k and dropped as low as $18.7k, and $ETH briefly broke $1k, falling as low as $998. At the time of writing, Bitcoin is down 4.64%, trading at $19.3k, and Ethereum is down 5.89%, trading at $1.04k. Higher beta altcoins such as $SOL and $AVAX have dropped more, falling 5.49% and 7.42%, respectively. Interestingly, Binance Coin ($BNB) has held up relatively well and is down 3.3%. BNB has appreciated nearly 65% relative to Ethereum since April, which is notable due to other alternative smart contract platforms such as Avalanche being down significantly relative to Ethereum in that same time frame. The market remains cautious due to contagion risks surrounding the insolvency of Three Arrows Capital. A British Virgin Islands Court officially ordered the crypto hedge fund to liqu

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