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Jun 28, 2024

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CRYPTO MARKET UPDATE CRYPTO ASSETS ARE BROADLY MOVING HIGHER AGAIN AFTER SOME POST-ETF APPROVAL CONSOLIDATION. BTC -2.33% is back above $68K, while ETH -1.38% is hovering around the $3.7K level. SOL -4.50% is underperforming today, possibly as a side effect of the last of the FTX auction taking place yesterday. Pantera and Figure led the $2.6 billion auction, purchasing the locked tokens at $102 per SOL -4.50% . We often find that the market can...

We are finally starting to see some relief in interest rates and the DXY N/A% following yesterday's FOMC meeting and the Treasury's quarterly refunding announcement. BTC -2.33% has rebounded from yesterday's low of $56.5k and is now trading just above $59k, while ETH -1.38% is attempting to break through $3k resistance. SOL -4.50% has outperformed, gaining 10% compared to BTC yesterday and is now trading just below $140. The market is showing decent breadth...

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