“For crypto assets, this all likely means continued range trading around current levels. Bitcoin seems to be holding fairly close to $30,000 at the moment which is a near 100% increase from January when it started the year at $16,540,” he said in a note. “There are few assets that perform this well in a “bear” market, and canny seasoned traders will likely have done well on BTC this year.”
Source: https://www.coindesk.com/markets/2023/07/12/first-mover-asia-crypto-market-is-on-standby-as-release-of-june-inflation-data-nears/?utm_medium=referral&utm_source=rss&utm_campaign=headlines