Q9 Markets: Unlocking the Truth

  • Gradual slide reduces BTC gains to 12% YTD
  • “Grayscale unlocking” creates market uncertainty
  • Volumes fall more than 40% on major exchanges
  • BTC/USD fell -3.3% while ETH/USD dropped -9.9%. The total market cap of the crypto universe was south of $1.3tln and Bitcoin continues to hold its dominance just shy of 46%
  • EOS/USD outperformed majors with a +1.4% gain. Among large cap DeFi names UNI and SUSHI were down -16.7% and -15.6% respectively
  • Annualised volatility dropped: 45% for BTC and 62% for ETH
  • Thin client pad strongly skewed to buyers (6.5X buyers vs sellers)
  • Buyers of ETH and BTC with a two-way flow in EOS
  • Sellers of SUSHI in mild size

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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.

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