Bitcoin can’t get enough of breaking records one after another in line with the new decisions and developments that have taken place in the last 3-4 days.
Bitcoin, the highest coin in terms of total transaction volume and unit value, sets a new record according to the BPE, Bitcoin Price Index. broke. Today Bitcoin is trading at about 7000 dollars.
The reason for this increase in price is the yearly year of the US-based trading company CME Group. Announcing that it will bring Bitcoin transactions towards the end. At the same time, investors using this platform are known to prefer products with high returns, such as Bitcoin.. So, if US regulators don’t mind, the CME’s decision could introduce Bitcoin, making it a pretty strong competitor to other markets.
Bloomberg According to a quote by Bloomberg, CME has some benefits to offer. First, CME traders can increase liquidity by trading more frequently. The second important issue is that it is possible for investors to convert their cash to cryptocurrencies more easily than they are now. >
As another reason for the increase, we can mention that Amazon has leased 3 new domains related to cryptocurrencies.. This development strengthens the belief in the possibility of using Bitcoin as a payment method, which Amazon is expected to realize.
We’d better shut up, let the numbers speak: Bitcoin is a full % in a 1 year period. It showed an increase of 500.
The Situation of Turkish Stock Exchanges
Turkish stock markets Paribu, Koinim and BTCTurk, on the other hand, are the ones where investors are the most excited and the market is the most active.
Bitcoin continues to show sudden increases and small decreases, while investors are losing because they cannot play on their buy and sell orders.. Investors who could not turn this situation into profit due to access problems experienced are angry. .
To summarize all these experiences from the investor side in general, the problems stemming from the stock market caused a lot of uneasiness due to fears that their money was stuck inside and they were buying and selling at prices they didn’t want or expect.. People could not follow the wages and could not even react to the rise or fall.. That’s why, even though they were very close, he couldn’t take a step beyond waiting and hoping the stock markets would improve due to his hands tied.. While you are trading digitally and gaining or losing over digitally, the fact that it is a digital platform that gives you trouble is said by people: “We need to make the necessary investments and break this prejudice on the Turkish stock markets, so that we can now perform our transactions in a healthy way.”.
In these busy minutes when even the Blockfolio application, which monitors cryptocurrency price, collapses, we can’t help but think that responsible companies should work to strengthen their infrastructure works.
The Bottom of Altcoins Kick
Bitcoin’s rise to $7400 in a few days has caused the altcoin market to shake. Thus began the downward trend.. Investors who have investments in altcoins expressed their sadness as much as Bitcoin makes them happy.
If we look at the Coinmarketcap top 10 cryptocurrencies list, we can see that there is a general decline.
The only remarkable point is that Bitcoin Cash and BitConnect came to the fore in the rise of Bitcoin and only increased them.
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