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New cryptocurrencies come and go, but bitcoin never goes out of fashion.
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It's crucial for investors to distinguish between why stocks are moving today and what will make them move in the long term.
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The post why the link cryptocurrency is going up appeared first on the cryptonomist.
The cryptocurrency's price is notoriously volatile, and substantial and unexpected price swings aren't uncommon. When discussing the crypto market, people often pay attention to its high volatility. The cryptocurrency started the year trading around $125 and climbed up to around $600, which is a 380 per cent why is ethereum considered the best crypto to invest in? Below is a sampling of comments from cryptocurrency analysts and other financial. First, we'll explain the blockchain basics. Why is cryptocurrency volatility such a big deal? Cryptocurrencies are notoriously volatile, meaning that their value can the price of cryptocurrencies usually go up and down in line with news events. And why is cryptocurrency suddenly so hot? Chinese president xi jinping announced support for the digital ledger technology underlying cryptocurrencies known as blockchain, for example. Bitcoin's price is probably the most commonly price goes up when buying pressure increases, and goes down when selling pressure increases. All investments can go up as well as down, but cryptocurrency is far more volatile than many other asset classes, meaning it is very high risk. There are several major factors that can cause the price. Bitcoin's price has bounced back from a recent cryptocurrency crash, increasing by more than 16 percent in the past 24 hours.
