News

May 2, 2020
Catalyst Monthly Report


Monthly Report on the Work of Catalyst Traders with Antares Platform Clients’ Portfolio, April 2020

In April, the cryptocurrency market saw a recovery in prices after the March fall. The growth was corrective, but buyers managed to develop it into a full-fledged uptrend. This is due to the expectation of a “halving” of bitcoin in the first half of May, as well as to macroeconomic trends in the global economy and the increasing role of a protective asset in bitcoin.

The price of bitcoin showed an increase from $ 6400 to a maximum of $ 9400, which at the end of the month amounted to about 36%. We saw a similar picture in other crypto assets, for example, in ethereum. Its price increased by 59%, from $ 132 to $ 210.

It can be argued that in April, the cryptocurrency market was one of the most profitable markets for investors, which indicates the growing popularity of investments in crypto assets.

Read the detailed report below.