Monday Morning Crypto Market Update.

Monday Morning Crypto Market Update.

Bitcoin and the wider crypto market has seen a slight pull back over the past week with Bitcoin dipping 5.5%.

Bitcoin is currently transitioning from its "Pre-Halving Rally" phase into its "Pre-Halving Retrace" phase.

 So between now and Bitcoins halving, we will continue to see Bitcoin pull back in price and maybe go sideways until a time after the halving event has occurred in mid-April.

 This is just a normal cycle for Bitcoin that has been repeated in other cycles before. 

 In terms of the rest of the crypto market, the top 50 alt coins have generally seen a retrace in price following Bitcoins retrace but as always, there have been some winners.

 Here are the top 5 gainers in the crypto market over the past week:

 Jupiter 78.3% gain

Solana 40% gain

Avalanche 36%

Toncoin 36%

Pyth Network 28%

In summary, whilst the crypto market is in a bit of a lull period there are coins that are still seeing some decent gains.

However, the real action will begin in the months ahead after Bitcoins halving when the crypto space goes on its nuclear crypto bull run.

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