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Cryptocurrency investors woke up to a down market on Monday, which just happens to also be tax day in the U.S.
Over the weekend there was also news of a $182 million hack of the Beanstalk protocol, a stablecoin credit protocol built on Ethereum.
Volatility is the name of the game in cryptocurrency and that doesn’t seem to be changing anytime soon.
Given the trends of the industry, I think Ethereum is the best bet given the real utility that can be built in the ecosystem and the projects being built there already.
If today’s selling is indeed due to tax season or the down stock market this could be a good buying opportunity for investors.