Why Is Bitcoin’s Price Rising?
In recent weeks Bitcoin’s price has seemed to continue marching higher. But what is driving this growth? It turns out there are a wide variety of factors that continue to make Bitcoin rise in value.
In recent weeks Bitcoin’s price has seemed to continue marching higher. But what is driving this growth? It turns out there are a wide variety of factors that continue to make Bitcoin rise in value.
It is no secret that in traditional markets like Forex or stocks a large portion of these trades are being executed by trading bots managed by institutional, day traders, and other entities. These high-frequency trading techniques have changed the landscape of fintech and traders and companies alike are constantly fighting to maintain their edge. With the explosion of Bitcoin in late 2017 this cutting-edge method of trading has grown rapidly on cryptocurrency exchanges. Digital asset exchanges are more plentiful and rarely shutdown as compared to their traditional counterparts. The new age day trader must adapt and learn to use these advanced forms of trade automation.
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