Investor Insights Report - Bulls Remain Hopeful As Market Moves Sideways

May 2023 - Cointelegraph Research

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Keywords :
Investor Insights, Venture Capital, DeFi, NFT, Bitcoin, Regulations, GameFi, Crypto Stocks, Blockchain, Mining, Cointelegraph, Research

The Cointelegraph Research Investor Insights Report is a monthly paid report showcasing the latest insights on Bitcoin, DeFi, NFT, GameFi, Venture Capital, Security Tokens, Mining, Crypto Stocks, Regulations, and Derivatives.

After a turbulent month for the crypto industry in March, BTC’s price went sideways in April, despite some volatility. The meteoric rise of meme coins such as PEPE made headlines and with First Republic another mid-sized US bank went under. However, at the basis of current market sentiment is a standoff between markets and policy makers: While the SEC’s chairman Jerome Powell publicly states that interest rates are unlikely to come down this year, the markets for risk-on assets like crypto have firmly priced in a pivot in the coming months. Our monthly report investigates how the major sectors of the industry have fared in this environment throughout the month of April.