Bitcoin and Ethereum fell on Monday to multi-month lows as worries over the convergence of geopolitical tensions, the near-certainty of a US recession regardless of any emergency rate cuts, the global impact of the Yen unwind, stock market corrections, and political uncertainty have triggered a rush to safe-haven assets. Last weekend also saw a ramping up of tension […]
Category Archives: Market Commentary
-
July Market Commentary
-
May Market Commentary
Welcome to this month’s edition of Portal Asset Management’s Market Commentary. This two-part series presents a dual analysis covering the broader economic spectrum and a focused evaluation of the digital token arena. Initiating the discourse, Mark Witten, our CIO, offers a Macro Economic overview, articulating the forces and trends influencing the financial world. Transitioning from […]
-
April 2024 Market Commentary
Welcome to this month’s edition of Portal Asset Management’s Market Commentary. This two-part series presents a dual analysis covering the broader economic spectrum and a focused evaluation of the digital token arena. Initiating the discourse, Mark O. Witten, CFA , our CIO, offers a Macro Economic overview, articulating the forces and trends influencing the financial […]
-
MARKET UPDATE: March Commentary
Welcome to this month’s edition of Portal Asset Management’s Market Commentary. In this two-part series, we present a dual analysis covering the broader economic spectrum and a focused evaluation of the digital token arena. Initiating the discourse, Mark Witten, our CIO, offers a Macro Economic overview, articulating the forces and trends influencing the financial world. […]
-
February 2024 Market Commentary
Market Update – Mark Witten CIO Cryptocurrency and Digital Assets (“Crypto Assets”) markets started the year decisively after the strong rally in Q3 2023 as investors continued to allocate enthusiastically to the space. Bitcoin (BTC) gained +44% in February and the market as represented by the CCI30 Index was up +35%. The Portal Digital Fund […]
-
January 2024 Market Commentary
Join us for an in-depth exploration of the digital asset market in our November Monthly Commentary, featuring CEO Deryck Graham and CIO Mark Witten. Gain valuable insights into the performance of the Portal Digital Fund and the Radiance Fund amidst the ever-evolving crypto landscape. Deryck and Mark provide expert analysis on the market’s post-2022 recovery, […]
-
September 2023 Market Commentary and Performance
Portal Digital Fund Radiance Fund September: +0.1* September: +6.54% YTD: +3.7% YTD: +12.73% Since Inception: +81.7% Since Inception: -33.13% Download Full Performance Download Full Performance Market Commentary from Mark Witten, CIO Cryptocurrency and Digital Assets (“Crypto Assets”) markets remained challenging in September with continued low volatility driven by subdued retail participation. This has been compounded […]
-
August 2023 Market Commentary and Performance
Portal Digital Fund Radiance Fund August: -3.1* August: -14.96% YTD: +3.8% YTD: +4.73% Since Inception: +81.8% Since Inception: -33.13% Download Full Performance Download Full Performance Market Commentary from Mark Witten, CIO Bitcoin (BTC) lost -11.5% in August and the market as represented by the CCI30 Index was down -13.6%. The Portal Digital Fund finished August down -3.1% […]
-
July 2023 Market Commentary and Performance
Portal Digital Fund Radiance Fund July: -1.7%* July: +2.77% YTD: +7.5% YTD: +23.15% Since Inception: +88.2% Since Inception: -21.37% Download Full Performance Download Full Performance Market Commentary from Mark Witten, CIO July was another month of two tales, as the cryptocurrency and digital assets (“crypto assets”) market initially rose +10% in the first half of […]
-
June 2023 Market Commentary and Performance
Portal Digital Fund Horizon Index Fund Radiance Global Fund June: +0.7%* June: +1.8% June: +0.7% YTD: +9.1% YTD: +35.1% YTD: +21.1% Since Inception: +90.9% Since Inception: -60.9% Since Inception: -19.1% Download: Portal Digital Fund Performance Horizon Index Fund Performace Market Commentary from Mark Witten, CIO June was a volatile month, as the cryptocurrency and digital assets […]