Crypto market de-risking

Week 37, 2022

Highlights from the last week

Market Update

• BTC is down 13% in the last seven days after a wide de-risking response to another negative inflation surprise last week as market participants brace for tightening conditions after tomorrow’s FOMC. (Read article)

• The merge became a sell-the-news event. ETHUSD is down 17% since the merge and has fallen 13% compar…