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Crypto Daily Report – July 13

Jul 13, 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 ReportJuly 13, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FSINSIGHT Tickers on this report: AAVE, AVAX, BNB, BTC, ETH, SOL Market UpdateFSInsight Digital Asset Research TeamCrypto markets dropped sharply this morning after a hot CPI report of 9.1% inflation - a 40-year high. June inflation data showed that prices rose 1.3% from the prior month. The futures market is now pricing in a 46.4% chance that the fed hikes 100bps (as shown in the image below) - which might continue to weigh on risk assets. Upon the CPI news, $BTC fell as low as $18.9k, and $ETH fell as low as $1.0k. Since this morning, prices have rebounded and nearly retraced all their losses. At the time of writing, Bitcoin is up 3.35%, trading at $19.9k, and Ethereum is up 4.77%, trading at $1.09k. Alternative Layer 1 protocols $SOL, $BNB, and $AVAX are up 3.61%, 2.37%, and 6.45%, respectively. $AAVE has been performing particularly strongly today and is up 11.55%.The National Football League (NFL) experimented with NFT ticket stubs last season but now plans on bringing this

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BTC 1.66% ETH 3.14% SOL -0.48% SUI N/A% XRP 2.01% QQQ -0.81% SPY -0.3%
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