The Good News Sandwich (Two Pieces of Good News, Sandwiching One Piece of Bad News)
TL;DR
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Crypto funds have seen document inflows of $13.8B in ‘24, crypto markets are inclined to wrestle right now of yr, and BTC simply regained $72k (pulling the market up w/ it).
Full Story
You hungry?
Good. We’ve cooked up a excellent news sandwich for you.
Which suggests now we have two items of excellent information (the bread), and one piece of dangerous information (the filling).
And earlier than you scroll away in try and keep away from the doom and gloom, don’t fear! So far as ‘dangerous information’ goes, it’s fairly vanilla.
Excellent news: crypto funding merchandise (aka crypto funding funds) have seen document inflows of $13.8B up to now this yr.
Dangerous information: On April twentieth, the Bitcoin halving will happen (which generally results in appreciation in crypto costs).
However the timing is off — the approaching months are sometimes gradual intervals for crypto markets, which suggests with out recent narratives to encourage shopping for, costs might wrestle to take off instantly.
(Endurance is a advantage).
Excellent news: After Bitcoin began the month on unstable floor, it regained the $72k mark early yesterday morning.
(Pulling the remainder of the crypto market up with it!)
Feeling nourished?
Good 🙂
