📈 Market Update: Macro Outlook and Crypto-specific Dynamics Remain Driving Forces for Token Prices ✨

ALT 5 Sigma
Jul 8, 2022

↘️ Markets are factoring in downside risks to economic growth
↘️ Crypto industry may already be through much of its recession
↘️ Longer term strategies may start to see value in lower crypto valuations

There are two broad driving forces in the crypto market at present; macro developments and crypto specific factors. And they are not mutually exclusive. As we discuss, the change in the macro backdrop and outlook has exposed shortcomings and excessive leverage in the digital asset space, resulting in the steep decline in token prices seen this year.

Read the full report by Robert Lynch here: alt5sigma.com/market-update-macro-outlook-and-crypto-specific-dynamics-remain-driving-forces-for-token-prices

#marketupdate #digitalassets #macroeconomics #crypto #investing

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ALT 5 Sigma

ALT 5 Sigma is a global fintech company providing next-generation blockchain powered financial platforms.