Summary of the Digital Asset Space – April 2024
Published May 15, 2024
Here is the Vault Digital Funds’ brief snapshot of the bitcoin space for March and April 2024.
The Bitcoin halving occurred on April 20, 2024. This is a significant event that occurs every 4 years approximately, and Bitcoin supply halved to 450 bitcoin per day. Bitcoin’s inflation rate is now lower than gold.
BTC concluded April with a loss of over 12%, marking its first monthly decline since August 2023.
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As always, invest wisely.