Crypto Daily Report – August 26

Aug 26, 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 ReportAugust 26, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FSINSIGHT Tickers on this report: AVAX, BTC, ETH, NEAR, SNX, SOL Market UpdateFSInsight Digital Asset Research TeamCrypto and traditional markets had a volatile morning amid Fed Chairman Jerome Powell's speech at Jackson Hole. In Powell's speech, he reiterated the Fed's commitment to fighting inflation and noted that there might be some pain in the short term. While crypto rallied heading into the event, this was short lived and at the time of writing $BTC is down 3.98% and $ETH is down 6.45%. Alternative layer 1's have also corrected, although they have been slightly more resili

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MARKET UPDATE Crypto is broadly lower today as geopolitical conflict continues to weigh on risk assets, with BTC 2.28% falling to $60k and ETH 5.14% approaching the low $2,300s. Aptos (APT 2.08% ) is one of the few gainers in the top 100 tokens as they have strengthened their presence in Japan via an acquisition of HashPalette, a Japanese NFT service provider and developer of Palette Chain. AAVE 5.13% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC 2.28% climbing back above $61,000 and SOL 1.96% moving above $145, while ETH 5.14% is lagging, trading around $2,400. Among today's outperformers is SUI 6.37% , which appears resilient despite a $115 million token unlock yesterday. Oil is partially retracing its early rally, gold is lower on the day, and yields are moving higher, suggesting at least a temporary reversal of...

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