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‘Piles of Risk’: An Outlook for Autumn

The Breakdown

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Trader's List - Cryptocurrency Market Purgatory

This was kind of an incredibly boring and quiet month. The merge stuff is obviously going to be significant, but right now it's still more future looking speculation. Gregg johnson, the cofounder in c o of rubicon crypto, called it a market purgatory. It's hard not to be bearish in the coming months. A global recession and a dollar wrecking ball could easily grind asset prices down through year end. And it could be a vicious down move followed by the fed stepping in and putting in a bottom.

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