The excessive price volatility of Bitcoin- which has a finite supply and is distributed via cryptology, with no central intermediary-has elicited numerous discussions about whether the digital asset has intrinsic value. Since its launch in early 2010, Bitcoin has displayed a wild price ride, hitting an all-time high price of around $64 000 in April 2021. Thus, 2017 was a historic year in Bitcoin's price charts: the coin started at $1000 and ended at $19 783.06, representing a 1 824%…
Tag: Arbitrage Trading
Enjoy Pumped Up Deals on Arbitrage Trading With Sibex
Arbitrage refers to purchasing and selling an asset to profit from a difference in the asset's price between markets. It is a trade that profits by exploiting the price differences of identical or similar financial instruments in different markets or different forms. Arbitrage has existed for years in the financial world, and it is gathering momentum in cryptocurrency. With cryptocurrency trading taking roots and spreading across the world, there are periods with significant price variance between exchanges. Crypto arbitrage is…
1 year ago
