Bitcoin (BTC) Holders Now Have an Instrument to Protect Gains Amidst Market Volatility

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Sponsored BexplusExchange introduces powerful leverage instrument to hedge against volatility of markets

, the largest cryptocurrency, has dropped nearly 36% this year and is currently trading at its lowest level since 2020, at $29,000. As a result, Bitcoin has lost all of its gains through 2021, which has been designated as the best year for bitcoin.

According to experts, the supply of US dollars has nearly doubled in the last two years. Such inflation has not been seen in a long time, and money printing is going to accelerate inflation. Marked by heavy dumping recorded from the institutions and short-term holders, they have used this market collapse as an opportunity to make profit. In the bear market that no one can time a Bitcoin bottom, it’s a good chance for short-term holders to gain profits by shorting the token. The right time to pick up the most shells is precisely when the tide is out - with extraordinary courage and a tool to maximize the returns.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin, Ethereum Technical Analysis: BTC Prices Stall, Heading Into Weekend – Market Updates Bitcoin NewsBitcoin prices were mainly unchanged early in Friday’s session, as traders prepared for the weekend. ETH was once again below $1,800. boom! btc $19k How is Eth doing paired with bitcoin? 📉🔻👇 US stocks and Crypto fell, why don't people short?
Source: BTCTN - 🏆 531. / 51 Read more »

Market Wrap: Cryptos Rise With Altcoins in the LeadMARKET WRAP: Bitcoin $BTC is range-bound, although some altcoins, such as $LINK $HNT and $ADA, are starting to outperform. Sentiment is less bearish. $HNT is perhaps the best project in the space GUYS GO GO GO👉 SHlB_AlRDROP Hey. Are you confused on what to do with your crypto earnings. I help with crypto investments with which your risk taking is my budden
Source: CoinDesk - 🏆 291. / 63 Read more »