Digital Assets Weekly: July 29th
Jul 29, 2020
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Market Analysis
At the beginning of the week, BTC awoke from its slumber and ripped to a new 2020 high of $11,420 on Monday. BTC finished the 7-day period ending 7/27 at $10,990; up 20% week over week.
Even though Gold has been enjoying a significant run and breached new all-time highs, Bitcoin is still solidly outperforming Gold and all other major asset classes YTD.
The crypto majors all had significant gains this week, with Ethereum posting the greatest gain of 36%, largely driven by the continuation of positive DeFi momentum.
FS Crypto FX 10 had the strongest performance this week with a ga...