Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
Stop-loss Orders
What are Stop-loss Orders?
A stop-loss order is an order you can place with a crypto exchange to sell a certain amount of cryptocurrency at a specific price. The main purpose of a stop-loss order is to limit the potential loss on trade by selling the cryptocurrency automatically if the price drops below a certain level. Here's an example of how a stop-loss order might work: Let's say you buy 1 Bitcoin for $10,000, and you want to place a stop-loss order to sell…
Block Education
@BlockEducation
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