Volatility resurges with market downside moves across crypto and a slight dip for US equities after US inflation came slightly hotter than forecast. The rise may prolong the rate pause but I think inflation will turn lower in the coming months and we will see rate drops over the summer. Overall, macro factors are in favour of continued rallies in risk assets, especially crypto. The long anticipated Bitcoin halving will be on Friday and this typically marks the beginning or acceleration of the bull market. All eyes should turn to Ethereum post halving with the ETH ETFs final decision date on May 23rd and continued developments in real world asset (RWA) tokenization.
My top investment ideas are Ethereum, Chainlink, Solana, and Bitcoin.
The next investment idea will be out soon. If you havenβt already, please upgrade your subscription now to receive it when it is published.
To the moon and beyond,
Andrew
Disclaimer
The content of this letter is for informational and entertainment purposes, and should not be construed as personal investment advice.