After a massive rally in April, the crypto market continued to grow and gained 5.8% in the first week of May. On May 7, due to the highly anticipated Bitcoin Halving event, the Investment Committee decided to increase the position of Bitcoin to 70% and proportionally decrease other assets in the portfolio. However, after weeks of consistent growth, the market went into a correction mode and recorded a sharp loss of 15.3% in just two days. The correction was short-sighted, and the market quickly rebounded to finish the month with a solid gain of 8.4%.

The Solidum Cautus portfolio included some of the best performing assets of the past month, including Ethereum, (+11.26%), Chainlink (+11.02%) and Bitcoin (+9.27%). The performance of these assets greatly contributed to the overall monthly performance of the portfolio in May.

Solidum Cautus Top Performers (2020-05)

In the previous month, the crypto market exhibited high fluctuations; nevertheless, Solidum Cautus performed on par with the rest of the market in May. The crypto market recorded a positive monthly performance of 8.40%, whereas Solidum Cautus reported a gain of 5.63%.

Solidum Cautus Performance (2020-05)
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DISCLAIMER: This article is for informational and discussion purposes only and does not constitute a marketing message, an investment survey, an investment recommendation, or investment advice. The article was prepared exclusively for a better understanding of market dynamics.

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