Insights

BlockBay Capital portfolio update August 2022

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The BlockWealth portfolios achieved a positive return of between the -8% and -10% in August.

August was another challenging month for crypto investors. After a good start to August, prices fell as a result of rising inflation and interest rates. Over the whole month of August, Bitcoin fell -13%, Ethereum did slightly better with a decline of -6%.

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BlockBay Capital portfolio update July 2022

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The BlockWealth portfolios achieved a positive return of between the +20% and +38% in July.

After a bad period, there has been some recovery in the crypto market with the total market capitalization now above the $1,000 billion mark.

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BlockBay Capital portfolio update June 2022

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The BlockWealth portfolios achieved a negative return of between the -29% and -37% in June.

The market went into a further downward spiral over the past month that really kicked off in May due to the implosion of the Luna ecosystem.

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