How to Use Diversification to Trade a Turbulent Market
Bulls vs. Bears. The long history of two animals battling against each other on Wall Street has now paved its way into the crypto markets. After a long reign, the bulls have taken a step back and the bears have taken over. That said, most of us are aware that the market conditions right now aren’t the most trader-friendly; stable coins have been destabilized and there’s a bloodbath with red candlesticks taking dips. So, what could help a trader or an investor at this point? The simple answer is diversification, or the golden rule of never putting all your eggs in one basket. Striking the....
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Bitcoin
Following a drop to a one-week low below $38,000 on Sunday, the price of bitcoin rebounded to start the week, as a support point seems to have finally been found.
BTC/USD fell to an intraday low of $37,577 earlier in today’s session, which was its lowest point since February 28, however prices have since moved....