NEW: Crypto valuations pulled back in April 2024 but industry trends remained broadly favorable. Highlights included: 🅱️ The #Bitcoin halving 📢 #Ethereum rumbles 🏛️Legislative progress 🪙Stablecoins' market cap rose Read our recap for deeper analysis: www.grayscale.com/research/market-commentary/april-2024-crypto-tailwinds-macro-headwinds pic.twitter.com/zUx5NaAfM2

Grayscale's Michael Zhao delves into influences on the trajectory of the current crypto bull market. Bitcoin's cyclical behavior persists, but this cycle sees shifts. To dive deeper, read the full report: www.grayscale.com/research/reports/anatomy-of-a-bitcoin-bull-market pic.twitter.com/MBnG6w6xbg

So you think you can HODL... here's what it means 🧵

Portfolio Management Lesson no.1: Diversification Learn what portfolio management is to build a better crypto portfolio: crypto.com/university/crypto-portfolio-management pic.twitter.com/YX0oZUcYSZ