Crypto Research

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CRYPTO MARKET UPDATE EQUITIES ARE MIXED THIS MORNING, WITH THE SPY 0.99%  GAINING 0.30% AND THE QQQ 0.70%  DECREASING 0.31%, WEIGHED DOWN BY A 5% DROP IN NVDA. The DXY has dropped 0.32%, although it has not boosted crypto assets. BTC has fallen more than 3%, briefly dropping under $61k after news of Mt. Gox repayments beginning in July (more below). ETH has followed suit, declining to $3,300 despite the likelihood that...

CRYPTO MARKET UPDATE CRYPTO HAS RESUMED ITS RECENT WEAKENING TREND FOLLOWING A WEEKEND PUMP, WITH BTC TESTING THE $65K LEVEL, ETH TRADING AROUND $3500, AND SOL APPROACHING $140. The ETHBTC ratio is declining again after a weekend relief rally sparked by news from Bloomberg ETF expert Eric Balchunas on Friday evening, clarifying his timeline for the ETH ETF launch. Meanwhile, the DXY continues its upward trajectory from the post-CPI selloff,...

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