3 Top Cryptos to Consider in May
More on: Image source: Getty Images
The cryptocurrency space witnessed a turbulent April and has continued to build momentum in the mainstream in the month of May. Today I want to look at three of the top cryptos that investors may be considering in the spring. Let’s jump in.
Bitcoin
Last week I discussed whether Bitcoin could bounce back from its April dip. Bitcoin nearly reached an all-time high of US$65,000 in the middle of April. However, it soon fell victim to a perfect storm of technical issues and concerning rumours.
On the weekend of April 17-18, a power outage in the Chinese Xinjiang region was believed to have disrupted the broader crypto market. The computing power behind the network’s security suffered a 33% dive during the power outage. However, some experts contended that this was not a huge factor in Bitcoin’s loss of momentum in the middle of April.
United-states
Canada
Canadians
Canadian
Janet-yellen
Jesse-powell
Iain-butler
Elon-musk
Warren-buffett
Bill-gates
Ether-fund
Chinese-xinjiang