In an environment surrounded by major crash landings and the implosion of several hedge funds and trading vehicles such as the 21Shares Terra crypto ETP (Luna) that have had a ripple effect on the broader market, headwinds are expected in an already volatile crypto market.
The US Federal Reserve biggest interest rate hike in 28 years is not helping the to calm the nerves. However, not everything is bad news in the crypto world. Canadian crypto structured products firm InvestDefy has just announced that its Sygma BTC structure has generated an 8.52% return with a volatility of 8.63, while BTC had a -50% return and a volatility of 72; and that its Sygma ETH generated a -4.01% with a volatility of 14.6, while ETH had a -62% return and a volatility of 90. Cry
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