FTX Market Recap 2020-07-05
Weekly Price Movements:
BTC-PERP: +1.60% | ETH-PERP: +3.86%
ALT: +3.18% | MID: +9.02% | SHIT: +11.6%
BVOL: -20.36% | iBVOL: +23.11%
HASH: +0.81%
DEFI-PERP: +16.59% | COMP-PERP: -20.90% | BAL-PERP: -3.93%
Jul 01 22:40 - Jul 05 00:00 UTC
MKR-PERP: +0.89%
Commentary
-
BTC has bounced around between 9000 and 9200 for most of the past week, with volatility down a good amount from the weeks and months leading up to this week.
-
DeFi volatility has kept up, though, and many of the hottest coins remain the DeFi coins issued by platforms where yield farming remains popular.
-
Many altcoins are over-performing BTC lately – one example is TRX, which has an exciting conference coming up soon where TRX 4.0 will be unveiled.
Announcements
-
FTX launched MKR markets (spot, futures, and leveraged tokens).
-
The FTX June Monthly Digest: Traders Edition is live.