Crypto Daily Report – July 21

Jul 21, 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;} .font_big, .font_big td, .font_big p{font-size:26px;} @media screen and (max-width: 640px){ body,table,td,p{ font-size:28px; } .font_mobile, .font_mobile li, .font_mobile div, .font_mobile p {font-size:30px;} .font_small, .font_small td, .font_small p{font-size:24px;} .font_big, .font_big td, .font_big p{font-size:28px;} } Most Important Daily Data and News for Digital Assets Crypto Daily ReportJuly 21, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FSINSIGHT Tickers on this report: AVAX, BNB, BTC, DFI, ETH, SOL Market UpdateWalter Teng Digital Asset Strategy AssociateGlobal crypto markets have been trending 5% lower over the last day, with $BTC and $ETH trading at $22.5k (-6.4%) and $1.50k (-6.6%), respectively. Alt L1 majors $BNB, $SOL, and $AVAX are changing hands at $257 (-5.2%), $41.5 (-9.4%), and $24.1 (-6.9%). The past 24 hours have been different for equities, however. SPX is flat on the day (-0.1%), while NDAQ is up (+1.8%) since open. The mixed performance across markets can be partly attributed to the European Central

Unlock this page with a FREE 30-Day Trial!

*Free trial available only on a monthly plan

Reports you may have missed

We are finally starting to see some relief in interest rates and the DXY 0.00% following yesterday's FOMC meeting and the Treasury's quarterly refunding announcement. BTC 2.62% has rebounded from yesterday's low of $56.5k and is now trading just above $59k, while ETH 1.20% is attempting to break through $3k resistance. SOL 2.76% has outperformed, gaining 10% compared to BTC yesterday and is now trading just below $140. The market is showing decent breadth...

We are witnessing a continuation of the recent weakness in crypto markets today, with BTC 2.62% now testing $60k, ETH 1.20% just below $3k, and SOL 2.76% dipping under $130. The broader altcoin market is experiencing even more pronounced declines, with very few names posting a green candle today. The market was pushed lower in the overnight hours following a disappointing debut from the Hong Kong ETFs (more on that below). However, this...

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 1/1

🎁 Unlock 1 extra article by joining our Community!

You’ve reached your limit of 1 free monthly articles. Please enter your email to unlock 1 more articles.

Already have an account? Sign In