Crypto Assets Start 2022 in Risk-Off Mode as Fed Tightening Looms
January saw a continued pullback in crypto assets, driven by the emerging consensus that the Federal Reserve will tighten monetary policy in an effort to tame inflation. In the latest edition of our monthly Advisor Letter, the Financewise team explores the crypto market’s recent performance and discusses the month’s key developments, including NFT trading volumes, a coming directive from the White House, and how financial advisors’ attitudes toward crypto have shifted.