Crypto bull run
Is the Bull Market Back?
Beyond sheer bitcoin price action, BLKC has other attributes that could support upside this year. Those include a comparatively dense concentration of quality and value stocks relative to other crypto-related ETFs. Roughly 37% of the fund’s holdings are classified as value stocks, and components such as Mastercard (NYSE:MA), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), and Verizon (NYSE:VZ) have clear quality traits. More quality can mean less volatility, which is always a desirable trait when it comes to crypto investing. Crypto bull market Binance, KuCoin, Crypto.com, FTX
Crypto bull run end
Now, if I were chock full of bull market enthusiasm (or bear market boredom), and ignored the evidence that suggests prices will continue to decline as long as rate hikes and QT continue, on-chain metrics indicate there may be hope. After a brutal 2022, there are signs crypto is recovering. On 7 July, Celsius Network received a lawsuit from a former cryptocurrency investment manager alleging the company failed to implement adequate risk management strategies or accounting practices to hedge the firm against cryptocurrency price fluctuations and protect its ability to repay its depositors, and that the company was operating an effective Ponzi scheme.Breaking: Binance US terminates deal to acquire Voyager Digital’s assets
With this in mind, it’s not too surprising that many crypto investors are wondering about when the next crypto bull run is going to happen. Is it better to buy in a bull or bear market? “It is the anticipation of Bitcoin halving by investors in the second half of 2023 that can become the main positive stimulus for the market, which should provoke a change in the global trend to an upward one,” Gracy Chen, Managing Director of cryptocurrency exchange Bitget, told BeInCrypto. “After halving, the price of bitcoin always increases, and other cryptocurrencies follow it.”
