analysis
PROM’s rally has a catch – And it’s hiding in the Spot market
0Importance
closedStatus
1News media
- Published
- Updated
Key claims & sources
Summary in preparation.
Market reaction i
Prom rose 2.3% in the 4 hours after the first headline, after falling 0.5% in the 2 hours before.
$5.57
price at the headline
-0.5%
2 h before
+2.3%
4 h after
+1.4%
12 h after
First headline
47 prices, one every 30 minutes
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
Oct 23 00:00
AMBCrypto
Where this sits in the Prom series
| When | What happened | Figure |
|---|---|---|
| 2 months ago | PROM at $6.66 high | today it sits -27.5% from there |
| 26 days ago | PROM at $4.50 low | today it sits +7.3% from there |
From what we have stored, starting 2 months ago.