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April Seasonality in Favor of Bitcoin and Stocks

“The recent bull rally in U.S. stocks should have positive spillover effects for crypto as well – especially since we are now entering the month of April, which has been strong for U.S. stocks (SP500 +2.6%, Nasdaq +2.9%), Bitcoin +17%, and Ethereum +46%,” Markus Thielen, head of research and strategy at Matrixport, said.

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