
Digital Assets Morning Call: June 16, 2022
Latest string of central bank tightening keeps crypto token prices under pressure Fed and several other central banks tighten policy Global central bank liquidity drain
Latest string of central bank tightening keeps crypto token prices under pressure Fed and several other central banks tighten policy Global central bank liquidity drain
Major crypto token prices remain under pressure Effects of Celsius “pause” on withdrawals reverberate through the market Growth risks of monetary policy tightening already showing
Dissecting the cascading effects of higher inflation The latest turn in the macro outlook continues to pressure crypto token prices A higher inflation, weaker growth
Watershed weekend for crypto tokens The fallout from higher US inflation continues The combination of high inflation and more Fed tightening heightens risks to economic
Reduced correlation between crypto and risk assets may be temporary The driving force of the global liquidity drain remains in place New US legislation on
Crypto token technicals take more focus; Central bank tightening continues Charts get more attention in markets that lack fundamental drivers Ether underperformance keeps ether/bitcoin cross
Venture funds demonstrate continued interest in crypto; central bank tightening picks up Crypto focused venture funds continue to launch Central bank policy tightening picks up
Higher US yields pressure crypto; US legislation on crypto regulation US yields are back on the rise, creating headwinds for crypto token prices The US
China developments aid risk appetite and major crypto assets China developments on covid, tariffs and tech aid an improvement in risk appetite Major crypto assets
Ether underperforms bitcoin Macro focus shifts from inflation to growth Push back against US Labor Department guidance on crypto in 401k plans The relative stasis