Cryptocurrencies continued to rally over the past week as the macroeconomic background worsened.
— was followed by further positive price movement.Crypto is in a 'bizarre no-man’s-land'its view of the market on Tuesday, saying that digital assets were in a “bizarre no-man's-land" following liquidations in June and impending macroeconomic and crypto-fundamental catalysts coming down the line.
Cumberland's head of trading, Jonah Van Bourg, concluded his thread by saying that “when the macro fog dissipates, capital will pile quickly into the best new trades that emerge. We continue to believe that digital assets will be among the most exciting of these emergent theses.”
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