Digital Assets Morning Call: July 11, 2022 ☕ 📰
Bitcoin and traditional financial assets have factored in some amount of risk
Jul 11, 2022
↘️ Bitcoin’s drawdown from the November high is near those of other major pullbacks of recent years
↘️ Economic and geopolitical risks remain, but markets have factored in some degree of them
↘️ This week’s data / events may keep near-term market enthusiasm at bay
The consolidation in major crypto tokens is now in its fourth week. The relative stability in bitcoin and ether could even suggest the tokens are attempting to carve out a bottom following the steep losses incurred in Q2.
Read the full report here: alt5sigma.com/digital-assets-morning-call-july-11-2022
