Crypto Research
1,026 Results
CRYPTO MARKET UPDATE CPI came in slightly cooler than expected, with core CPI at 0.17% month-over-month, compared to the consensus estimate of 0.19%. In our view, this is the best-case scenario, as it temporarily removes the "Fed policy error" trade from the market. This is evidenced by Fed funds futures, which have priced out cuts for this calendar year following the CPI release. Initially, crypto rallied alongside other risk assets,...
CRYPTO MARKET UPDATE This morning's Producer Price Index (PPI) came in cooler than expected at 0.1% month-over-month, compared to the anticipated 0.2%. This data has pushed rates and the DXY lower, fueling optimism ahead of tomorrow's CPI release as hopes for another disinflationary print grow. In response, BTC 1.45% has moved slightly higher, though it has yet to reclaim the $60k level. Meanwhile, ETH 4.33% has pulled back slightly from its quiet...
CRYPTO MARKET UPDATE Prices have whipsawed over the past 24 hours as we enter a pivotal week of macro data releases. BTC 1.45% is moving back toward $60k after dipping lower following the US market open, while ETH 4.33% is trading just below $2,700, and SOL 2.86% is attempting to reclaim the $150 level lost over the weekend. Among the top 100 assets, major outperformers include HNT -2.75% , which continues its recent surge, SUI -4.60% ,...
CRYPTO MARKET UPDATE CRYPTO ASSETS SAW A LATE-DAY SURGE YESTERDAY, WITH BTC 1.45% REACHING A HIGH OF ALMOST $63K AND ETH 4.33% ECLIPSING $2,720. They have since pared some of those gains with Bitcoin trading near $60k and Ethereum holding at $2,600. Bitcoin ETF flows were strong yesterday, totaling $195 million, whereas Ethereum flows were roughly flat, posting $2.9 million in outflows. Equities are gaining today, with the SPY -0.42% and QQQ -1.07% gaining...
CRYPTO MARKET UPDATE Risk markets are surging this morning, seemingly catalyzed by stronger-than-expected weekly jobless claims, which have alleviated many recession-driven fears, leading to a jump in rates and the dollar. Crypto is rallying in line with broader markets, with BTC 1.45% nearly reaching $60k, SOL 2.86% continuing its outperformance now trading above $160, and ETH 4.33% up 10% to nearly $2600. There is broad participation in this rally, with notable outperformers including...
CRYPTO MARKET UPDATE Risk markets are surging this morning, seemingly catalyzed by stronger-than-expected weekly jobless claims, which have alleviated many recession-driven fears, leading to a jump in rates and the dollar. Crypto is rallying in line with broader markets, with BTC 1.45% nearly reaching $60k, SOL 2.86% continuing its outperformance now trading above $160, and ETH 4.33% up 10% to nearly $2600. There is broad participation in this rally, with notable outperformers including...
CRYPTO MARKET UPDATE EQUITIES HAVE CONTINUED TO FIND RELIEF AFTER THE BOJ'S COMMENTS ASSURED INVESTORS THAT THEY WON'T CONTINUE RAISING RATES IF MARKETS ARE UNSTABLE. The SPY -0.42% and QQQ -1.07% have both gained over 0.6%, while small-caps are underperforming, with the IWM 0.37% roughly flat. Crypto was gaining with equities this morning but has since turned lower. BTC 1.45% is trading slightly below $56k, while ETH 4.33% has decreased to below $2,400 after on-chain...
CRYPTO MARKET UPDATE Tuesday is off to a strong start for the bulls, with robust bounces across the crypto market. Among the majors, SOL 2.86% is leading the way, approaching its 200-day moving average around $146, while ETH 4.33% has climbed back above $2,500 and BTC 1.45% has surpassed the $55k mark. Notable outperformers within the ETH 4.33% and SOL 2.86% ecosystems include AAVE 0.59% , which benefitted fundamentally from massive liquidations yesterday, with over $200 million...
CRYPTO MARKET UPDATE GLOBAL MARKETS ARE EXPERIENCING A SELL-OFF AMID THE YEN CARRY TRADE UNWINDING, MIDDLE EAST TENSIONS, AND U.S. RECESSION FEARS. The Japanese Nikkei index fell 12.4%, its worst day since 1987’s Black Monday. U.S. equity futures and crypto followed suit, with the SPY -0.42% and QQQ -1.07% opening down over 4% and Bitcoin and Ethereum falling to lows of about $49k and $2,100. Bitcoin and Ether have since pared losses,...
CRYPTO MARKET UPDATE THIS MORNING'S BIG MARKET MOVER WAS A SIGNIFICANT MISS IN THE JOBS REPORT, WITH NFP COMING IN AT 114K, WELL BELOW MARKET EXPECTATIONS OF 175K, AND THE UNEMPLOYMENT RATE RISING TO 4.3%. This triggered concerns among investors, with some invoking the "Sahm Rule." As a result, yields have naturally fallen, with the 10-year Treasury yield approaching 3.8%. The DXY also took a sharp hit, now hovering just...
CRYPTO MARKET UPDATE RISK ASSETS ARE BROADLY LOWER TODAY, WITH THE SPY -0.42% AND QQQ -1.07% PARING SOME OF THE RAPID GAINS SEEN YESTERDAY FOLLOWING THE FOMC MEETING IN WHICH RATES WERE HELD STEADY, BUT DOVISH COMMENTS SPARKED OPTIMISM, LEADING TO MARKETS PRICING IN THREE RATE CUTS BY YEAR-END. The US10Y has dropped below 4% for the first time since February. Crypto is showing steeper losses, with BTC 1.45% sharply lower to $62.7k...
CRYPTO MARKET UPDATE BTC 1.45% HAS BOUNCED BACK ABOVE $66K IN THE PAST 24 HOURS, LIKELY SUPPORTED BY A SINKING DXY AND A REBOUND IN EQUITIES. ETH 4.33% is slightly outperforming again, following a day of net ETF inflows—the first since the ETH ETFs launched—and is now trading just north of $3,300. Meanwhile, SOL 2.86% is lagging, dropping below $180. Notably, AAVE 0.59% , a constituent of our Liquid Ventures basket, has been the top...