Week in review: April 8, 2022 – Major crypto assets consolidate

Written by Robby Ramos
on April 11, 2022

In this week’s newsletter:

  • Macro dynamics remain a primary focus and driver for major crypto assets.
  • Crypto retraces more of the March rally.
  • Bitcoin’s price slipped back down Thursday near $43,500 after a strong week.

Read our weekly round up below.

Market Updates by Robert Lynch | Head of Research and Strategy

Market Update: Major Crypto Assets Consolidate as Markets Adjust to Macro Realities

Robert Lynch – ALT 5 Sigma | April 8, 2022
Macro dynamics remain a primary focus and driver for major crypto assets. Markets continue to adjust to the combined effects of surging inflation, tightening monetary policy, war in Ukraine and China’s covid-related lockdowns.

Read Robert’s articles here.

ALT 5 – Digital Assets Morning Call

Robert Lynch – ALT 5 Sigma | April 5-7, 2022
The Digital Assets Morning Call is a new segment by Robert Lynch, the Head of Research and Strategy at ALT 5 Sigma. This is a brief rundown of the latest developments impacting digital assets through a macro lens.

Read all this weeks articles here.

ALT 5 News

The ALT 5 Team Had a Successful Week at Bitcoin 2022

Bitcoin 2022 | April 6 – 9 | Miami, FL
Cameron, Robert, Brian, Mary, Amel along with Marcus and Jason were at the Bitcoin2022 Conference in Miami, Florida this past week. New connections were made and hope to see you all next year and this thrilling and event packed conference.

Get in touch with us to set up a meeting here.

Crypto News From Around The World

Bitcoin Slipped Back Down Below $45,000. Here’s What Investors Should Make of It

NextAdvisor | April 7, 2022
Bitcoin’s price slipped back down Thursday near $43,500 after a strong week. Last week, it had jumped above $45,000 for the first time since March 2. The upward trend persisted throughout last week, with Bitcoin’s price surpassing the $48,000 mark. In general, markets slid late Wednesday after hawkish comments from the U.S. Federal Reserve. Minutes from the Fed’s March meeting Wednesday showed its plan to shrink its balance sheet by $95 billion each month to combat inflation.ps.

More Investment Firms Dipping Their Toes in Crypto Assets: Survey

BNN Bloomberg | April 6, 2022
A new study finds there’s a growing acceptance of cryptocurrency-related investments among Canadian institutional investors, but firms are showing restraint in how much they’re allocating towards those assets. Fifty-seven per cent of institutional investor respondents said they gained exposure to crypto-related assets between 2020 and 2021, according to the survey.

This Week In Crypto: Market Dips Sharply

TipRanks | April 7, 2022
Cryptocurrency market sentiment is revisiting “fear” territory after the Federal Reserve telegraphed its intentions to raise interest rates and reduce the balance sheet faster. The revelations sent major crypto and altcoin prices tumbling below critical support levels, reversing recent bullish momentum.

Bitcoin May Soon be Accepted by McDonald’s, Walmart Via Lightning Network, Mallers Says

Crypto Slate | April 8, 2022
Jack Mallers, founder of Zap, is bringing Bitcoin back to its roots with an announcement that his Lightning Network wallet, Strike, has partnered with Shopify, NCR, and Blackhawk Network. According to Mallers, any website that uses Shopify online card transactions can now process payments using Bitcoin’s Lightning Network. The partnership is live right now and a massive step toward the mass adoption of Bitcoin.

ALT 5 Sigma – Next-Generation Blockchain Powered Financial Platforms

ALT 5 Sigma | March 4, 2022
ALT 5 Sigma has launched their new website with a new and professional look. ALT 5 offers 4 core product offerings that will elevate your business.

Click the links above to learn more about how ALT 5’s suite of crypto products can help your business.

Robby Ramos

Robby Ramos

Director of Digital Marketing | Bridging the gap between digital assets and financial institutions.