Digital Assets Weekly: June 30th
Jun 30, 2020
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Market Analysis
After Bitcoin’s price briefly dipped below $9,000 on Saturday, gains on Sunday pushed it back above $9,000 into the lower band of its $9,000-$10,000 trading range that has persisted since the halvening. This ended its longest streak of daily losses (5 days) in over half a year. Prices last declined for 5 consecutive days in early December 2019.
Bitcoin remains firmly ahead of gold as the best performing asset class on a YTD basis.
All major crypto assets were down 5% to 7% on the week.
FS Crypto FX 250 was the best performing index last week, finishi...