Q9 Markets: Real Money

  • Crypto markets pull back this week
  • El Salvador first country to legally adopt BTC
  • …and seeks to solve issues with costly remittance payments
  • BTC/USD dropped -6% while ETH/USD fell 9.6%. The total market cap of the crypto universe remained north of the $2.1 tln mark and Bitcoin’s dominance fell below 40%
  • Among other majors EOS/USD fell -8.5% and SUSHI/USD and UNI/USD took the largest beating among large cap DeFi names, falling -16.2% & -22.3% respectively
  • Annualised volatility rose to 92% for BTC and held steady at 103% for ETH this week
  • Two-way flow on client pad slightly better to buy (1.1x buyers vs sellers) during last week
  • Net buyers in ETH and LINK with an evenly distributed flow on BTC
  • Net sellers in EOS and LTC

--

--

--

Buy, sell, and store digital assets with ease. Invest with the trust of an established financial services provider with 40 years of group history.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Cryptosnake Team Announces Upcoming Updates: AMA Session Resume

GOOD NEWS!!! defi.finance will officially become Kubic.com!

Tezos Blockchain cycle 435 stats

Crytpo Arbitrage Trading: Beginner’s Guide

Share Your Voice about DeFi11 and Win $D11 Tokens!

Guide to Ethereum

Did you say NFT?

Connecting MetaMask to Binance Smart Chain | By BSClaunch

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Q9 Capital

Q9 Capital

Buy, sell, and store digital assets with ease. Invest with the trust of an established financial services provider with 40 years of group history.

More from Medium

Crypto Markets are highly volatile and needs exclusive expertise to trade crypto assets and new…

BrainchildNFT: Connecting the Physical With the Crypto World

How businesses are using the Metaverse?

Empire 2021: The Complete Recap