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Opening Bell - Issue 3

Research19 February 2024Copper
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Prepare for the week with key data points and trends in the digital asset marketplace.

From volatility metrics to trading volumes, this week's Opening Bell has interesting insights as markets head into what might be 6 straight months of positive gains for Bitcoin matching its 2020 run. But tax season is approaching close and March has notoriously been a poor performance month for the cryptocurrency. Can the Bitcoin mining reward that is set to be cut in half around the same time as the US tax filing deadline be a boon?

Markets have seemingly matured significantly on the back of lower volatility, and lower volumes than previous cycles indicating a reduction in speculation and more fundamental investments being made.