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The One Crypto That's Breaking Out

By Louis Sykes

September 8, 2022
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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.

 

 

 

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Louis Sykes

Louis Sykes is the Senior Crypto Analyst at All Star Charts, where he leads research at the frontier of digital assets. Over his tenure, he has authored more than 1,000 research reports, helping both institutional and retail investors navigate one of the fastest-moving markets in the world.

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