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House View

Sygnum House View – Jun 2022

The 6-month long bearish sentiment in crypto was compounded in May by the collapse of Terra, one of the top ten cryptocurrencies and the stablecoin the project supported – the third largest stablecoin at the time. As a consequence, the market dropped over -30 percent in the first half of May, and continued trading sideways afterwards, ending the month with a +10 percent recovery over the last two days.

Read our House View report below where the Sygnum Asset Management team review news, trending topics and regulation that are influencing the digital asset markets. Our Sygnum sentiment analysis in the report includes a set of market indicators and our market analysis gives a month-by-month performance overview for several of the top crypto assets. In review this month: Fundamentals and valuation of the crypto market.

With the Sygnum House View, you have access the latest monthly updates from our digital asset investment experts to keep you up to date with the crypto asset market and product developments.

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The Sygnum House View is available to professional and private qualified Swiss investors. For other updates on the digital asset markets, read our Insights articles here.

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This document is purely for educational purposes and has been issued by Sygnum Group. It is not intended for distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful, nor is it aimed at any person or entity to whom it would be unlawful to address such a marketing communication. It does not constitute an offer or a recommendation to subscribe, purchase, sell or hold any security or financial instrument. It contains the opinions of Sygnum Group, as at the date of issue. These opinions and the information contained herein do not take into account an individual‘s specific circumstances, objectives, or needs. No representation is made that any investment or strategy is suitable or appropriate to individual circumstances or that any investment or strategy constitutes personalized investment advice to any investor. Therefore, you must verify the above and all other information provided in the document or otherwise review it with your external advisors. Some investment products and services, including custody, may be subject to legal restrictions or may not be available worldwide on an unrestricted basis. The information and analysis contained herein are based on sources considered as reliable. Sygnum Group uses its best efforts to ensure the timeliness, accuracy, and comprehensiveness of the information contained in this document. Nevertheless, all information indicated herein may change without notice.

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