What currency is worth starting to play now? (Which currency is worth buying now?)
What currency is worth starting to play today?The recent market trend of Bitcoin
What currency is worth starting to play today?
The recent market trend of Bitcoin is very interesting, as it has been in an upward trend from the afternoon before yesterday until now in the early morning. There was indeed a significant fluctuation last night, with a rise to around $10,500 in the early morning and then a drop, which is quite large. However, although this decline did not have much impact, there can still be a pullback. Overall, the market is still operating at a high level, so there is a certain amount of risk involved, considering that many altcoins in the current market are bought at low prices, and this situation is unlikely to continue indefinitely. Therefore, everyone should pay attention to their position management, especially if they have funds invested in these mainstream currencies.
Which currency is worth buying now
Today is April 6th, 2020, and the Bitcoin halving countdown has passed one day. Based on historical data, since March, the cryptocurrency market has been showing a downward trend with fluctuations, quickly returning to a range of 9,300-9,500 after surpassing $10,000. After an average increase of more than 80% (approximately 10%) in one month, there has been no further increase. In the past two months, BTC has experienced the largest decline in price. Currently, this adjustment in the market has three main reasons: first, the impact of the economy during the epidemic period; second, the increased enthusiasm of institutional investors for cryptocurrencies, and the selling pressure caused by the recent significant rebound in the US stock market. If these factors continue, the market situation in the second half of this year will be more worth looking forward to. (Log in to the APP-Find section to see exclusive reviews of more currencies!).
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/crypto/25076.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
#Ethereum Hits New Highs: Surpassing $2100 Mark
According to reports, Ethereum has briefly exceeded $2100 and is currently quoting $2101, up 0.45% in the past hour.
Ethereum\’s short-term breakthrough of $2100
With the advent of -
Cream Finance Flash Loan Attacker Replaces 1 Million DAIs with 555.4 ETHs
According to reports, according to Paidun\’s early warning monitoring, the Cream Finance Flash Loan attacker has replaced 1 million DAIs with 555.4 ETHs and transferred them to Trad
-
Web3 Knowledge Map Protocol Finds Large ARB Collection in Upbit Hot Wallet
On March 31, the Web3 Knowledge Map Protocol 0xscope posted an article on social media stating that an EOA address had collected a large number of ARBs in the past day, and current
-
The Mystery Behind Inaccessible SyncSwap Pages: A Brief Analysis
On April 11th, according to multiple encrypted community users, some users\’ SyncSwap pages were inaccessible, and the reason is currently unknown.
The SyncSwap page is inaccessible -
Anchorage Digital may cancel Litecoin custody support
On March 15th, a spokesperson for the crypto custody bank Anchorage Digital revealed that it is currently considering canceling the utilization asset custody support, including Litecoin, because the company needs to provide services to customers in the current and expected markets in areas of greatest concern. In addition, the spokesman also revealed that Anchorage Digital will reduce its focus on NFT. He said, “Anchorage Digital’s business has low institutional demand for certain types of digital assets (such as NFT), so it will reduce its focus on these digital assets, which means that after the recent release of NFT features, it will reduce investment in institutional level NFT features.” However, according to data from DappRadar, despite the low adoption rate of institutional NFT, However, retail investors’ NFT trading volume remains relatively strong, with a trading volume of over $2 billion in February 2023. Anchorage Digital: Consider eliminating low utilization digital asset hosting support Analysis based on this information:Anchorage Digital, a…
-
What is the Concept of Blockchain (Simple Explanation of Blockchain)
What is the concept of blockchain? What is the concept of blockchain?What is the
-
Blur dominates NFT transactions with $460 million in a week
It is reported that according to data from DappRadar, Blur has generated 460 million US dollars worth of Ethereum NFT transactions in the past seven days, up 3…
-
Understanding the Impact of Shapella’s Hard Fork on Ethereum’s Pledged Tokens
According to Token Unlocks, since the activation of Shapella\’s hard fork, ETH has withdrawn over 1 million ETHs from the pledge, approximately 1.04 million ETHs, while the inflow o
-
Bloomberg analyst: Grayscale has a 70% chance of winning
According to reports, in response to Grayscale\’s lawsuit against the SEC, Bloomberg senior litigation analyst Elliot Stein said, \’We believe the SEC has a 60% support rating, but w
-
CFTC to Discuss DeFi and its Technical Priorities
It is reported that the Technical Advisory Committee of the United States Commodity Futures Trading Commission (CFTC) will discuss the issue of DeFi at its ope…