Bitcoin․com Exchange Market Insights Report for June 2022 – Promoted Bitcoin News
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Bitcoin․com Exchange Market Insights Report for June 2022. This is the June 2022 monthly market insights report by Bitcoin.com Exchange. It includes a summary of crypto market performance, a macro recap, market structure analysis, and more. The macroeconomic outlook continues to be unfavorable for risk assets as high inflation combines with elevated commodity prices and tight U.S. labor market conditions. Despite the big losses seen on BTC and ETH, some large cap assets have held strong. The largest underperformance was seen by AVAX which was down 44%, Bitcoin Cash (down 39%), and Cronos (down 40%) Source