Here we can see that everytime the crypto market faces pumps and increases in value, the other cryptocurrencies, even if they are the most capitalised ones such as XRP or ETH, cannot keep the pace with Bitcoin.
Implications of it? Traders trading from BTC to other cryptocurrency can increase their BTC holdings during bearish and ranging markets. However, when markets are trending up it will be better to trade BTC against a fiat currency.
Conclusion --> Get ready exchanges that have low fees for cryptocurrency vs cryptocurrency and exchanges to trade fiat vs cryptocurrency
The Copilot
Implications of it? Traders trading from BTC to other cryptocurrency can increase their BTC holdings during bearish and ranging markets. However, when markets are trending up it will be better to trade BTC against a fiat currency.
Conclusion --> Get ready exchanges that have low fees for cryptocurrency vs cryptocurrency and exchanges to trade fiat vs cryptocurrency
The Copilot
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。