Bitcoin Soars as Traders Bask in Legitimacy (Quick Takes Video)

Talking Points:

• Bitcoin surged over $7,000 this past session and has risen as much as 27 percent in just the past week
• Headlines that the CME is awaiting approval for Bitcoin futures and Amazon is buying related domain names adds to legitimacy
• A clear deviation in pace for Bitcoin versus Etherium, Ripple, Litecoin and others should remind us what is driving value

Successful trading includes an appreciation of the market you venture and the risks that they pose - which is clearly true for an emergent asset class like Bitcoin and cryptocurrency. Learn important habits and psychologies of successful trading in our guides on DailyFX. (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)



Continue reading at DailyFX - Forex & Macro News (via YouTube) →
Recommended posts powered by Google