Crypto Market Returns Plunges Into The Negative, Here’s Why
The crypto market has seen its returns over the last month wiped away in a matter of days. While the market was pumping, cryptocurrencies in the space were returning double-digit gains, with the investor sentiment rapidly growing with it. However, with bitcoin’s rejection at $25,000, the entire market had seen a swift downtrend. Now, investor sentiment has worsened, and the digital assets which had enjoyed the period of growth are now in the red. Crypto Indexes Lose Gained Value Back at the beginning of August, when the crypto market was recovering, all indexes in the space had seen....
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Bitcoin continued its tumbling on Wednesday under the pressure of a rising US dollar. Safest Haven Returns The cryptocurrency plunged by up to 1.43 percent to hit an intraday low at circa $10,389. Its latest move downside came as a part of a larger bearish correction that began when BTC/USD had formed a year-to-date top […]
Profitability in digital assets such as Ethereum is important to investors in the space. With the decline following the bull market, a good number of ETH investors have seen the profitability of their holdings decline significantly. It had fallen below 50% when the price of ETH had broken below $1,000 last month. However, with the recovery at the beginning of August, Ethereum had rallied as high as $2,000, and now the majority are back in profit. 56% Of Investors In Profit The price of ETH had been rejected at the $2,000 level, which had seen the price decline once more to the $1,500....
With negative-yielding bonds at a new high, investors are looking elsewhere for returns.
Indications coming out of China can be seen as, nothing less than, frankly, negative. Bitcoin has for a long time been functioning, not only as a means of exchange but also as a store of value. The returns from 2013 clearly suggest that mainline investors, buoyed up by stories of spiralling returns, were crowding on-board. The currency peaked in early December at just over $1,000 and is now, March, trading at just over half of that, but is this necessarily a negative? To examine what this means more clearly, I am going to apply some fundamental economic reasoning in an attempt to evaluate....
One of the biggest altcoins in the crypto space, Cardano is an open-sourced blockchain network and cryptocurrency that has provided significant returns since its launch in 2017. However, after massive price corrections, investors are looking for new alternatives. This guide will discuss three of the best alternatives to Cardano, which can potentially provide high returns […]