Digital Assets Weekly: June 23rd

Market Analysis

Closing at $9,304 on Tuesday evening, Bitcoin remains firmly within its $9,000 - $10,000 trading range that has persisted since the May halving. Heading into the back half of the week, all eyes are on the options market as an estimated $930M worth of bitcoin options, accounting for about 70% of total open interest are set to expire on June 26^th.

Bitcoin remains firmly ahead of gold as the best performing asset class on a YTD basis.

Ethereum led all major crypto assets over the past week by ~3% and finished the week up 5.2%.