We're going to cover a few important topics today.

Firstly, the ongoing collapse of the Terra LUNA coin, formerly a top 10 coin by market cap, has not gone unnoticed.

LUNA has fallen 96% in the last week, leading to instability throughout the crypto markets. The collapse was due to TerraUSD, a stablecoin which should always be worth $1 USD, falling in price.

Unlike stablecoins like Tether and USDC, TerraUSD doesn't have cash reserves as collateral and is stabilized with complex computer programming instead -- obviously with a flaw in the system.

However, that's not all that's at play. A lot of uncertainty built up over the last week ahead of the April CPI report released earlier today. If the report had shown that the Federal Reserve rate hikes were effective, fewer people would look to Bitcoin as a safe haven from inflation.

As we now know, the rate hikes had little effect and inflation has gotten even worse.

This is bullish for Bitcoin, and what's more, for SIMETRI.

The market is full of opportunity at the moment. Mass uncertainty has shaken out weak hands, but the long-term and mid-term view is that more people will look to Bitcoin now than earlier in the year as the US dollar continues to lose value.

The number of valuable altcoins on the market which are way below their market value may be unprecedented in the history of crypto.

Anyone can buy crypto when the market is on a bull run. That's when most people tend to buy in. However, buying when the market has taken a beating is typically when the real profits are made.

There are no guarantees. The market could sink even lower than it is now. But in the long run, we believe that crypto is the way forward, and that Bitcoin and select altcoins are here to stay.

The investment banks and world governments buying up Bitcoin believe it. Our analysts believe it.

What do you believe?

If you believe it's too risky, and that it's better to wait until Bitcoin is back above $60k, that's understandable.

However, if you're like us, and you understand that this is an opportunity to generate some serious, long-term wealth, join us. You'll be very welcome. Remember, you can cancel within 30 days for a full refund, no hard feelings.

Are you ready to make a major change?

Let's do it, and before the market comes to its senses and closes up those profit margins.

Sign up for trading calls, access to our portfolio, and to our online community of like-minded investors.

Sign up to SIMETRI here.

Sincerely,

CEO @ Crypto Briefing

Disclaimer

And as always, for all our reports, it is important to remember that we are not registered financial advisers with the SEC or any other organization or governmental body, and what we provide is not personalized investment advice. Nor are our reports and flashes an offer to purchase or sell any particular token related to a project. These are merely the best opinions of our research team based upon our various research and diligence. But this is no substitute for personalized advice from an investment professional. Always DYOR (do your own research). Investments in tokens and crypto currencies are highly speculative, and prices of tokens can be quite volatile, so doing so may not be suitable for you.
Please see our full disclaimer and terms of use here.

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