Digital Assets Morning Call: July 19, 2022 ☕ 📰
Continued gains in Ether pull ETH/BTC cross sharply higher
Jul 19, 2022
↘️ Bitcoin and Ether show resilience despite negative industry headlines
↘️ ETH/BTC cross jumps over 30% in a week
↘️ The rebound in the ETH/BTC cross concurs with improved sentiment in crypto token prices
Bitcoin holds and Ether extends gains
Major crypto tokens continue to trade constructively, with Bitcoin (BTC-USD) holding the bulk of its recent gains while Ether has extended its rally to briefly push above $1,600. The gains originate from the markedly lower levels reached in the April-June selloff, which admittedly left the tokens at much cheaper valuations.
Read the full report here: alt5sigma.com/digital-assets-morning-call-july-19-2022
