
Digital Assets Morning Call: June 30, 2022
Renewed crypto token slippage alongside less helpful news flow Bitcoin and Ether decline leaves them in closer proximity to recent lows Crypto hedge fund reportedly
The Digital Assets (DA) Morning call is a brief rundown of the latest developments impacting digital assets through a macro lens.
Renewed crypto token slippage alongside less helpful news flow Bitcoin and Ether decline leaves them in closer proximity to recent lows Crypto hedge fund reportedly
US recession forecasts may need to be brought forward Modest slippage leaves major crypto tokens in recent range Eurozone inflation mixed but keeps ECB tightening
Crypto and traditional finance on the same platform? Press reports indicate FTX may buy Robinhood SEC Chair Gensler comments on crypto security/commodity designation Tether responds
Bitcoin and Ether hold up despite negative news flow Crypto token prices extend stability into the new week Negative news flow continues… …but crypto token
Tentative stability in bitcoin and ether; a weaker outlook for global economic growth Price action in bitcoin and ether stabilizes, but does not induce confidence
Stepping up to address crypto lending stresses Macro conditions remain difficult but are now better reflected in lower crypto token prices FTX credit facility to
Recovery from weekend cycle lows comes with caveats Crypto token bounce is a relief But the overall backdrop remains guarded A new short bitcoin ETF
Near-term crypto focus remains on macro forces and crypto lending Inflation, central banks and growth risks remain key themes for crypto market New macro adjustments
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