It’s been a pretty lousy market out there…
There’s been so little to discuss in the way of data points that’d pull us from the doldrums.
Strazza sent a brief note in our Slack chat to ask how many cryptos were below their June-July lows. This is when things were at their worst — 3AC just got margin-called, and there were mass liquidations.
Upon quantifying this, only 4% of our universe of 316 coins are below their closing June-July lows.
That’s 13 coins, not a whole lot.
Members of ASC Crypto can log in to access today’s note. Please sign in or start your risk-free 30-day trial today.
Lost Password?