Crypto Daily Report – October 31

Oct 31, 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 31, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FS INSIGHT Tickers on this report: ALGO, BTC, CHZ, DOGE, DXY, ETH, SHIB, VIX Market UpdateSean Farrell Head of Digital Asset StrategyRisk assets are experiencing a slight respite from their recent rally as the US 10Y moves back above 4% after falling beneath this level last Thursday. The $VIX is up 2%, and the $DXY is trading 0.8% higher as investors brace for a massive week of economic data. We will see ISM, JOLTS, and other employment data, but the big event will be when the FOMC meets later this week to deliver an expected 75 bps increase to the target fed funds rate. Arguably

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MARKET UPDATE Crypto is broadly lower today as geopolitical conflict continues to weigh on risk assets, with BTC 6.70% falling to $60k and ETH 9.48% approaching the low $2,300s. Aptos (APT -0.02% ) 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 16.79% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC 6.70% climbing back above $61,000 and SOL 5.83% moving above $145, while ETH 9.48% is lagging, trading around $2,400. Among today's outperformers is SUI 3.01% , 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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