Digital Assets Weekly: July 8th
Jul 8, 2020
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Market Analysis
After briefly falling below its persistent $9,000 support level on Sunday, Bitcoin finished the 7 days ending 7/6 at $9,375; up 1.7% on the week. Volatility over the past 7 days has been exceptionally low with Bitcoin trading between a low of $8,977 and a high of $9,375.
Bitcoin remains firmly ahead of gold as the best performing asset class on a YTD basis.
Bitcoin Cash led all other major crypto assets this week by 3% - 6% with a 7.5% return on the week.
FS Crypto FX 40 was the best performing index last week gaining 9.4% and outperforming all o...