Crypto Daily Report – December 5

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 ReportDecember 5, 2022 THIS MESSAGE IS SENT SOLELY TO MEMBERS OF FS INSIGHT Tickers on this report: BTC, DXY, ETH, MPL, QQQ, SPX, VIX 05/12/2022 Crypto DailySean Farrell Head of Digital Asset StrategyRisk assets slid this morning on the release of positive economic data, heightening the probability of continued tightening from the Fed. The November ISM reading came in at 56.5%, much hotter than the expected 53.7%, indicating persistent economic activity. Yields are higher across the board, with the US 10Y rising 2.6% thus far on the day. The $DXY has inched 0.6% higher while the $VIX is up 6.8%. The $QQQ and $SPX are trading approximately 1.0%