When the financial markets go risk-on, crypto surges

Week 30, 2022

Highlights from the last week

Market Update

• Bitcoin is up 9% over the past seven days as the financial markets see renewed risk appetite. On Saturday, bitcoin briefly hit its highest level since the beginning of June at ~$24,500 but has since stabilized at $23k. (Read article)

• Altcoins outpaced bitcoin in July. Mid Caps gained the most, with a monthly retu…