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📈BTC | $20,438.25 (+$243.99, +1.21%)
📈ETH | $1,192.19 (+$82.66, +7.45%)
📈XRP | $0.342369 (+$0.022501, +7.04%)
📈LTC | $51.10 (+$1.80, +3.64%)
📈Total Crypto Market Cap: The global crypto market cap is $931.09B (+3.37%)
🙏Bitcoin (BTC) increased for a second day, comfortably holding steady above $20,000. Along with stocks, the largest cryptocurrency rose as traders tempered their bets that the Federal Reserve will increase interest rates by a full percentage point. Ether traded around $1,190, up 7% over the past 24 hours.
💸The price of the most recent generation of mining rigs has fallen to 2020 lows as the bear market continues to negatively impact the bitcoin (BTC) mining business. Recently, Antminer S19 and S19 Pro from Bitmain are attracting bids of $20–$23 per terahash (TH). These models were previously priced at roughly $40/TH and as high as $119/TH in 2016.
🚶🏼♂️OpenSea, an NFT (non-fungible token) platform, has reduced its workforce by around 20%, citing the need to get ready for the potential of an extended downturn due to the confluence of a crypto winter and widespread macroeconomic uncertainty.
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.
