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📉BTC | $20,089.14 ($-665.67, -3.21%)
📉ETH | $1,127.05 ($-59.73, -5.03%)
📉XRP | $0.332168 ($-0.013585, -3.93%)
📉LTC | $52.11 ($-2.65, -4.84%)
📉Total Crypto Market Cap: The global crypto market cap is $905.31B (-2.96%)
😵💫For the third day in a row, Bitcoin (BTC) plummeted close to the $20,000 mark it crossed the previous week. As investors watched the most recent influx of depressing economic data, including a decline in consumer confidence, BTC traded around $20,000, down roughly 3% over the previous 24 hours. Ether traded at $1,120, down 5% . Other major altcoins such as XRP and LTC fell by 3% and 4% respectively.
💸To weather current market dangers, Canadian investment company Cypherpunk Holdings (HODL) has sold all of its bitcoin and ether holdings. The corporation sold 214 bitcoins (BTC) for about C$6.09 million ($4.7 million) and 205 ether (ETH), the native unit of Ethereum, for C$293,000 ($227,000). CEO Jeff Gao said that the company still maintains a “long-term bullish outlook” on cryptocurrencies.
⚡️A storm that swept through Montana on June 11 has resulted in a power outage for bitcoin miner Marathon Digital (MARA). The power outage affected roughly 30,000 miners, making up 75% of its operational fleet. The firm stated that the miners are likely to stay offline until the damaged power generating plant can be restored.
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.
