Before investing in the next bull run, seasoned investors warn to assess risk vs reward and analyze the market closely. Understand trading psychology and short-term volatility to maximize profits.
July opened with U.S. inflation rates suddenly rising to 3.2%, but it seems to have had little effect on the trading patterns of Bitcoin and Ethereum. Despite this jump in inflation, these digital currencies have continued to remain relatively stable over the past month.
Ethereum is gaining fundamentals that could potentially move its prices higher. From institutional interest to technical advancements, here are 10 bullish fundamentals that could make a difference.
Bitstamp USA is phasing out trading access for select digital tokens on August 29. Customers will no longer be able to buy and sell Ripple (XRP), Ethereum Classic (ETC), Augur’s REP, Chainlink (LINK) and Zcash (ZEC).
Pepe Price, commonly used by Wall Street traders and cryptocurrency investors, has seen a 19% surge in the last 24 hours. Will the meme-backed token continue its growth? Meanwhile, Wall Street meme stocks and altcoin “Cowabunga Coin” have also seen significant boosts.
Bitcoin has broken another record, with the price of the cryptocurrency rocketing past $30,000 today as the total crypto markets add $25 billion within a few hours.
Tech trader Thotu Snaeh snagged 800 ETH from a baited bot last week, in one of the crypto market’s biggest scores of 2021. Meanwhile, NFT thefts dropped by 25% in April, signaling a lull in cybercrime.
Crypto traders are rejoicing as assets like SHIB, UNI, OKB and HBAR flash bullish signs in the absence of Bitcoin volatility hitting a record low. Market watchers hope these altcoins will lift the market out of its slump.
Facing unprecedented uncertainty, financial markets are increasingly showing signs of growing global disconnect as investors grapple for clarity in an ever-shifting landscape.
July marked a momentous milestone for the CME and crypto options, with total volume reaching near $1 billion. According to CCData, this marks a relentless surge in cryptocurrency options trading.