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📈BTC | $21,171.61 (+$9.95, +0.05%)
📈ETH | $1,396.45 (+$53.29, +3.97%)
📈XRP | $0.358841 (+$0.008543, +2.44%)
📈LTC | $57.75 (+$2.86, 5.21%)
📈Total Crypto Market Cap: The global crypto market cap is $972.33B (+0.85%)
👎On Sunday, Bitcoin saw its 4-day winning streak end as it fell under $21,000. Recently, Bitcoin was flat over the past 24 hours, trading at around $21,100. Industry analysts anticipate that the price of bitcoin will remain between $18,000 and $22,000 until investors have a good grasp of whether central banks can tame inflation without going into recession.
🙅♂️According to a policy change on Thursday, Russia’s President Vladimir Putin has approved a law barring digital payments throughout the country. The legislation forbids the use of utility tokens and digital securities as a form of payment in Russia for goods, services, and products.
⚡️According to an investigation by 6 US lawmakers, the energy and emissions impacts of the crypto mining business in the US are anticipated to be significant, with the Top 7 mining firms having enough energy capacity to power all the homes in Houston. This raises further concerns as miners plan to raise capacity by approximately 230%.
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.
