In the coming month, several events will take place at once, which can affect both the value of individual cryptocurrencies, crypto day trading signals and the market as a whole.
Author: uniminsustainability.com
Major crypto events in April
In the coming month, several events will occur at once, which can affect both the value of individual coins and the market as a whole.
Should you count on bitcoin as a defensive asset?
The cryptocurrency market continues to grow after the Fed meeting, which took place on March 16. On the evening of March 28, the bitcoin rate updated the 2022 high above $48 thousand, and the price of Ethereum peaked above $3.4 thousand for the first time since January 6.
How to Store Cryptocurrency Safely? Hot, Cold, Custodial and Non-custodial Wallets
Like cash stored in a wallet, digital assets are held in a crypto wallet. This is a program designed to send and receive digital currencies, control their balance and interact with various blockchains.
Crypto Winters in the Bitcoin Market
On April 13, bitcoin is trading at $41,000. In November last year, the cryptocurrency set an all-time high at $69,000. Since then, it has fallen in price by 40%.The period when cryptocurrency quotes fall for a long time is called a crypto winter. It also signals a drop in interest in the field of digital assets.