Investors: Bitcoin is Safest Cryptocurrency on Today’s Market
Bitcoin is truly building its reputation as the world’s global currency. Without major media coverage or market instability, the price of Bitcoin has continuously increased, surpassing the market cap of many reserve currencies. It has also shown a substantial decrease in its volatility rate over the past year, performing as a stable global currency. The price of Bitcoin remains within the range of $765 to $777, staying in the same trading range for over nine days straight. It has demonstrated a lower volatility rate compared to a lot of major reserve currencies such as the sterling pound,....
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Polygon rose to its highest level since August, as the token climbed by as much as 10% on Thursday. Today’s rise comes despite cryptocurrency markets mainly residing in the red, with the global market cap down 0.41% as of writing. Flow was another notable expectation to today’s declines, climbing by 14% earlier in the day. Polygon (MATIC) Polygon (MATIC) rose by as much as 10% in today’s session, as the token climbed to its highest point since August. Following a low of $0.8403 on Wednesday, MATIC/USD rallied to an intraday peak of $0.9813 earlier today. The move saw the token race to its....
Rejected at the $41,000 resistance, Bitcoin it’s back at the higher levels of the $30,000 area. At the time of writing, the first cryptocurrency by market cap trades at $38,689 with minor losses in the daily chart. All eyes are set at today’s Federal Open Market Committee (FOMC) meeting. During this event, the Chairman of […]
The need for safety cannot be overemphasized in a crypto market such as this. With recent events such as Celsius halting withdrawals and transfers, it has become imperative to protect user funds. This is why having safe solutions such as SwissBorg to store, trade, and yield are important. With such a product, crypto investors can be rest assured that their stored funds are safe, and in the event of a bankruptcy, hack, or a scam, they can still access their digital assets. Saving With SwissBorg SwissBorg provides the safest wallet, trading, and yielding solution for crypto investors. Users....
While it came close to the milestone yesterday, bitcoin price struck $750 in a continuing rally that has seen the cryptocurrency make increasing gains this week. The figure is among the highs scaled by the cryptocurrency this year. Today’s trading peak of $750 on the Bitstamp Price Index (BPI) stuck at 9:55 AM, the first occasion since June 18, 2016, when bitcoin price struck a high of $754.83. Cryptocurrency enthusiasts and market participants will remember the month where bitcoin soared in value from $536.91 on June 1st to a high of $761.44 on June 19th in the lead-up to this year’s....
Bitcoin has been slowing down on its bullish momentum over today’s trading session, but the crypto market continues to push to the upside. BTC’s price still records profits in the last 24 hours and 7 days with a 3% and 3.3% respectively. Related Reading | Bitcoin Breaks Above Realized Price Again, Bottom Finally In? The cryptocurrency was probably affected by a decline in the legacy market. For the past months, Bitcoin has displayed a high correlation with the S&P 500 and the Nasdaq 100. The S&P 500 was seeing important gains since the start of July 2022 after a major bearish price....