Rally in Digital Assets
- Significant value gains were recorded in digital assets ahead of the “crypto week”, which will start on July 14, with institutional investor interest and expectations regarding regulations on crypto assets in the US.
- While Bitcoin renewed its record levels by approaching 119 thousand dollars, altcoins also rose. Inflows to spot ETFs based on crypto assets traded in the US reached remarkable levels.
- While uncertainties over trade wars continue, investors in digital assets seem to be pricing in expectations specific to the ecosystem itself. The process that started with Donald Trump for the adoption of cryptocurrencies by wider investor masses has again been the driving force of the recent rises and institutional interest has also supported this.
- On the global markets side, developments on tariffs will be closely monitored and there is no important data on the economic data calendar today. We think that the upward trend in digital assets will continue with interim corrections.
For a detailed review of our twice-daily technical analysis report and the latest developments in digital assets click here.
Highlight of the Day
| Time | News | Expectation | Previous |
|---|---|---|---|
| – | Immutable (IMX) 24.52MM Token Unlock | – | – |
Information
*The calendar is based on UTC (Coordinated Universal Time) time zone.
The economic calendar content on the relevant page is obtained from reliable news and data providers. The news in the economic calendar content, the date and time of the announcement of the news, possible changes in the previous, expectations and announced figures are made by the data provider institutions. Darkex cannot be held responsible for possible changes that may arise from similar situations.
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