Digital Assets Morning Call: June 30, 2022 ☕ 📰
Renewed crypto token slippage alongside less helpful news flow
Jun 30, 2022
↘️ Bitcoin and Ether decline leaves them in closer proximity to recent lows
↘️ Crypto hedge fund reportedly in liquidation
↘️ Grayscale Bitcoin Trust application to convert to ETF is denied by SEC
↘️ MicroStrategy announces modest purchase of Bitcoin
Major crypto tokens are under some pressure ahead of the long holiday weekend in North America. Pressure stems in part from the renewed weakness in equities, with the Nasdaq Composite Index down 2.2% in early trading, while the news flow has also been unhelpful.
Read the full report here: alt5sigma.com/digital-assets-morning-call-june-30-2022
