Crypto Daily Report – October 12

Oct 12, 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 ReportOctober 12, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FS INSIGHT Tickers on this report: BTC, ETH, MGNO, SOL Market UpdateFS Insight Digital Asset Research TeamDespite minor volatility after a slightly higher-than-expected PPI number, crypto markets have moved higher at the time of writing. $BTC is up 0.40% while $ETH is up 1.46%. Traditional markets rose as well, with SPX and NDQ up 0.33% and 0.53%, respectively. An interesting development has been the relative lack of volatility in the crypto market. Bitcoin's volatility in the past few weeks has been lower than equities and even the treasury market. When compared to equities, Bit

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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 3.26% has rebounded from yesterday's low of $56.5k and is now trading just above $59k, while ETH 1.52% is attempting to break through $3k resistance. SOL 2.98% 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 3.26% now testing $60k, ETH 1.52% just below $3k, and SOL 2.98% 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...

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