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
5 Best Strategies for Trading with Large Cap Cryptos
Cryptocurrencies have been around for some time now, which has brought forth a wide array of cryptos. According to Statista, Bitcoin is the crown jewel for large cryptos in the market, where it reached an all-time high in January 2021 and grew by over 400 billion U.S. dollars. A lot of people dived into the crypto craze to invest and trade and have found outstanding opportunities. That’s why everybody now wants a piece of the pie. Well, if you haven’t,…
6 months ago
