Digital Assets Morning Call: July 12, 2022 β π°
Bitcoin correlation with Nasdaq back on the rise
Jul 12, 2022
βοΈ Weaker tone in global equities concurs with modest slippage in major crypto tokens
βοΈ Bitcoin/risk asset correlation back on the rise after dropping in June
βοΈ More institutional trading in crypto could support that correlation in the longer term
Movements in traditional financial markets and the shorter term drivers are important for crypto market participants to monitor.
Read the full report here: alt5sigma.com/digital-assets-morning-call-july-12-2022