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Stock impact report

2 Cryptocurrencies to Buy in May 2024 [Yahoo! Finance]

DEUTSCHE TELEKOM AG S/ADR (DTEGY) 
NASDAQ:AMEX Investor Relations: telekom.com/en/investor-relations
Company Research Source: Yahoo! Finance
Of course, the most promising crypto investments are those with new catalysts in place that can help them soar in value throughout 2024. With that in mind, there are two cryptocurrency coins on my radar right now: Bitcoin (CRYPTO: BTC) and Fetch.ai (CRYPTO: FET) . Both have new catalysts in place and the potential to skyrocket in value over both the near and long term. Let's take a closer look. Bitcoin The obvious no-brainer crypto investment is Bitcoin, which is already up nearly 60% for the year. On the strength of investor inflows into the new spot Bitcoin ETFs , this crypto continues to lead the market higher. Nearly five full months into the year, the new spot Bitcoin ETFs now have more than $30 billion in assets under management. While investor inflows slowed at the end of April and early May, they now appear to be picking up again, and that's good news for Bitcoin investors. As large institutional investors continue to disclose their Bitcoin ETF holdings from the first Show less Read more
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