🌐 April Market Update Summary 🌐 Share 6 key points and predict possible market trends

1. Impact of Bitcoin Halving

The market has entered a cooling period this month, and $BTC is looking forward to the trends of miners and venture capital after the halving event. - Closely

2. Decline in transaction volume

Overall financial market trading volume was only one-third of what it was in the first quarter.

3. Liquidity opportunities for altcoins

April will see the listing of many important projects - this could be a critical time for altcoins to gain liquidity.

Important points to observe:

4. USDC capital inflow

On March 29, the largest ever USDC inflow was recorded on coinbase

, more than 1.4 billion #USDC，可能预示着未来的购买力。

5. Bitcoin#ETFfunds return

After last week's adjustment, Bitcoin ETF funds returned positively, and Bitcoin price returned to around $70K and performed solidly this week.

6.#DeFiand stablecoin growth

As documented by @DefiLlama, the DeFi ecosystem’s total value locked (TVL) and the number of crypto stablecoins are growing steadily, boding well for the continued activity of the ecosystem.