Some investors see this as the beginning of a new bull market in cryptocurrencies, but others say it's still not the time to jump in.
The case for a new crypto bull market has been slowly growing since the beginning of the year and gained more strength still in March. Bitcoin , still the clear leader of the crypto market, just finished its third month in a row of gains , ending up more than 20% in March. It also posted its best quarter since the first quarter of 2021, when the last bull run began. So far this year, crypto investors have overcome several obstacles – chief among them the regional banking crisis in the U.S.
They weren't the only banks available to crypto businesses but, without them, it's taken a little longer to move between dollars and crypto, particularly during off hour nights and weekends when traditional businesses are closed. "You can expect more volatility because there are thinner order books where there's no credit availability and it's more difficult to move into or out of," said David Wells, CEO of Enclave Markets.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bitcoin nears third positive month, and streamlining construction with blockchain: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Crypto World's Jordan Smith travels to Miami to find out whether blockchain technology could speed up construction around the globe.
Weiterlesen »
Crypto Market March Roundup: Bitcoin Rises Amid Banking Uncertainties, Macro HeadwindsAn eventful March of bank failures, ongoing inflationary and other macroeconomic concerns left investors mulling where to place their trust – and cash. But bitcoin benefited to recently trade at about $28,5K, up 21% for the month. _jocelynyang_ reports
Weiterlesen »
Ripple CEO Slams SEC Chair Gensler for Dictating Which Crypto Tokens Are Securities – Regulation Bitcoin NewsRipple CEO Brad Garlinghouse has slammed SEC Chair GaryGensler for dictating what is a security. crypto cryptocurrency bitcoin $XRP
Weiterlesen »
Matt Damon Shares Story Behind His Crypto Commercial – Featured Bitcoin NewsMatt Damon has shared how he got involved in creating a cryptocurrency commercial with crypto trading platform Crypto.com.
Weiterlesen »
Jim Cramer Advises Against Using Binance — Says Crypto Exchange Is 'Way Too Sketchy' – Regulation Bitcoin NewsMad Money host Jim Cramer will not do business with Binance, warning investors that the cryptocurrency exchange is “way too sketchy.'
Weiterlesen »
Crypto Exchange Bittrex Shuts Down US Operations Due to Regulatory Uncertainty – Regulation Bitcoin NewsCrypto exchange Bittrex is shutting down its U.S. operations due to 'continued regulatory uncertainty' in the U.S. cryptocurrency bitcoin
Weiterlesen »