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📈BTC | $20,305.15 (+$810.31, +4.16%)
📈ETH | $1,114.22 (+$58.50, +5.54%)
📈XRP | $0.321264 (+$0.007428, +2.37%)
📈LTC | $49.34 (+$1.28, +2.48%)
📈Total Crypto Market Cap: The global crypto market cap is $900.45B (+3.29%)
🤔For the first time in six days, Bitcoin (BTC) increased and recovered more than $20,000. Analysts were perplexed by the increase in light of the high U.S. inflation data for June, which would encourage the Federal Reserve to tighten monetary conditions more aggressively as this would have a negative impact on the values of risky assets like equities and bitcoin.
😞The crypto lender Celsius Network has applied for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of New York due to a liquidity crisis. Since June, Celsius has halted withdrawals, swaps, and transfers on its platform in order to steady its operations and safeguard its clients.
🤝Polygon, Ethereum’s scaling tool is enhancing its Web3 infrastructure through a partnership with media giant Walt Disney Company. The initiative aims to create novel augmented reality (AR), non-fungible tokens (NFTs), and AI technologies (AI). Over the past day, the cost of MATIC, Polygon’s native token, increased by 5.7 percent to $0.5786.
Cryptocurrency CFD is available for trading on Phillip MetaTrader 5 (MT5).
Features of trading CFD
- Trade in both the bull and the bear markets
The ability to enter a long and/or short position allows traders to take advantage of both rising and falling markets. - Smaller barrier to entry
CFDs typically have flexible and smaller contract sizes. This means that traders will be able to enter into a CFD contract with a modest amount of capital. - No expiration date or risk of delivery
Unlike futures which commonly have a fixed expiration date, CFDs allow traders to perpetually hold the position(s). CFDs are cash settled, no need to worry about the delivery of the underlying asset.
Trade Bitcoin, Ethereum, Litecoin, and Ripple CFDs at zero commission on Phillip MetaTrader 5, a dynamic platform that offers low spreads. Integrated with Acuity Signal Centre and Trading Central Indicators, and available on mobile, web and desktop app, you will never miss a trading opportunity with Phillip MT5.
Download Trading Central’s Market Buzz for updates on more topics.
What’s more? Phillip MT5 is now supported on Mac OS! To install, simply download the file below and complete a simple installation process.
