Crypto Daily Report – July 18
Jul 18, 2022
body{ background-color:'#041529';} body,table,td,p{ font-size:22px; } body div center ul, body div center li { margin-left: 10px !important; margin-right: 0 !important; } a { color:'#3E84CE'; } .font_small, .font_small td, .font_small p{font-size:16px;} @media screen and (max-width: 640px){ body,table,td,p{ font-size:28px; } .font_mobile{font-size:30px;} .font_small, .font_small td, .font_small p{font-size:24px;} } Most Important Daily Data and News for Digital Assets Crypto Daily ReportJuly 18, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FSINSIGHT Tickers on this report: APE, AVAX, BTC, ETH, MATIC, SOL Market UpdateFSInsight Digital Asset Research TeamCrypto markets rallied sharply over the weekend, with $BTC and $ETH rising 10% and 28%, respectively, from their lows on Friday. At the time of writing, Bitcoin is up 6.82% today, and Ethereum is up 10.76%. Higher beta altcoins have seen massive gains - $AVAX, $SOL, and $MATIC are up 15.37%, 8.74%, and 20.32%, respectively. ETH/BTC, a metric that compares the value of Ethereum to Bitcoin, has risen ~38% since its lows in early June, demonstrating Ethereum's relative outperformance. We speculate that much of this outperformance is due to the upcoming Ethereum merge to proof of stake, which we wrote about in detail in our Crypt