Digital Assets Weekly: July 22nd
Jul 22, 2020
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Market Analysis
This week, the crypto majors continued their slumber as BTC tightened its trading range between $9,089 and $9,283. The asset finished the 7 days ended 7/20 at $9,164; down 0.8% week over week.
Despite the period of consolidation, Bitcoin remains firmly ahead of gold as the best performing asset class on a YTD basis.
All major crypto assets saw slight dips in price over the week with Litecoin declining the most at -4.2%.
FS Crypto FX 250 had the strongest performance this week with a gain of 6.4%, driven by DeFi projects’ outperformance including Aave (+31%), Ampleforth (+63%), an...