Crypto Market Update: Why is Crypto Suddenly Making Us Feel Like Irrational Geniuses?

  • 📰 hackernoon
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The total market cap is sitting pretty at a cool $2.66 trillion, and Bitcoin is the king of the castle again at 51.56%.

Crypto Market Update: 03/29 Let's be honest, the crypto market can be crazier than a free buffet at a casino after a heavyweight championship fight. But lately, things have gotten weirdly...rational? So, what's the deal? Are we all secretly financial wizards now? Probably not. Here's the thing: our brains are wired to make predictable mistakes, even with our money.

The Bitcoin halving event is coming up in April, and let's just say some people are REALLY excited. This event cuts the number of new Bitcoins created in half, which sounds good, right? Scarcity is sexy! Historically, these halvings have been followed by price increases for Bitcoin. So, are investors being rational by jumping in now? Not necessarily. They're just falling prey to the classic "fear of missing out" trap. Dogecoin: The Meme Coin Making a Meme Comeback Dogecoin.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 532. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto Market Update: Litecoin Soars Like a Rocket While Cryptoland SleepsLitecoin's price jumped 9.25% on March 5th, the biggest daily jump for these sleepyheads on record.
Source: hackernoon - 🏆 532. / 51 Read more »

Why is the crypto market crashing?The two most important contribution to the ongoing bull market is the meteoric rise in Bitcoin due to the ETF approval and the sudden interest spike in Solana ecosystem.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Housing Market Update: Are Sellers Returning to the Market?Listings jumped in February to their highest levels in more than a year, according to Redfin on Friday.
Source: Newsweek - 🏆 468. / 52 Read more »

SEC v. Ethereum: What to Expect and Why It Is Crucial to Crypto MarketThis round of crypto regulation could change way crypto industry works
Source: Utoday_en - 🏆 295. / 63 Read more »