What Is Happening under The Volatility of The Bitcoin Price?
2022-04-06 10:34:16
What Is The Best Way To Buy Bitcoin?
After the price of Bitcoin rose past $48,000 at the end of March, the price began to fall again. The Bitcoin price live recently dropped to as low as $44,000, which is not a small fluctuation, but some people think it is a good time to invest in the trade.
At the time of writing, Bitcoin is trading at $46,124, up 0.32% in the last 24 hours, but down 2% in the last 7 days. 24-hour volume is $26.63 billion. The market cap is still $872.89 billion. (Source: Gate.io)
What Is Happening Behind Bitcoin Price Instability?
Russia Is on The Verge of Legalizing Cryptocurrency Mining
Alexey Yakovlev, a senior representative of the Russian Ministry of Finance, made a statement at the April 1 roundtable that mining laws and regulations are currently being discussed, and new counterparts are being developed to bring cryptocurrency-related activities into the legal sphere.
Currently, many cryptocurrency-related miners conduct mining activities in basements or garages, which is also a source of income for some of them. This mining activity is also causing electricity consumption in Irkutsk and other regions to increase fourfold compared to last year. The government says it will regulate its electricity prices and crypto activities.
One in Five Americans Are Keeping an Eye on Cryptocurrencies
A recent NBC News poll shows that 21 percent of Americans out of 1,000 are making use of digital assets by investing or trading in cryptocurrencies. According to the survey, more of these are men, with 50% of men between the ages of 18 and 49 exposed to cryptocurrency activity.
Such findings show that cryptocurrency investment or trading is becoming more and more popular. Any change in its price fluctuations is affecting the living conditions of the population.
Is It A Good Time to Invest in BTC?
The price of cryptocurrencies is currently fluctuating while cryptocurrency-related activities are happening. Many people believe that it is always a good idea to buy low and sell high with financial investments. The current drop in the price of Bitcoin corresponds to a "buy" time. However, what is the best way to buy bitcoin?
As we know, it is important to choose a good and stable exchange such as Gate.io, as it is important to protect your assets. It is also the fastest way to buy cryptocurrencies such as Bitcoin, as you can follow the price of the currency you are buying in real-time and choose when to trade.
After the price of Bitcoin rose past $48,000 at the end of March, the price began to fall again. The Bitcoin price live recently dropped to as low as $44,000, which is not a small fluctuation, but some people think it is a good time to invest in the trade.
At the time of writing, Bitcoin is trading at $46,124, up 0.32% in the last 24 hours, but down 2% in the last 7 days. 24-hour volume is $26.63 billion. The market cap is still $872.89 billion. (Source: Gate.io)
What Is Happening Behind Bitcoin Price Instability?
Russia Is on The Verge of Legalizing Cryptocurrency Mining
Alexey Yakovlev, a senior representative of the Russian Ministry of Finance, made a statement at the April 1 roundtable that mining laws and regulations are currently being discussed, and new counterparts are being developed to bring cryptocurrency-related activities into the legal sphere.
Currently, many cryptocurrency-related miners conduct mining activities in basements or garages, which is also a source of income for some of them. This mining activity is also causing electricity consumption in Irkutsk and other regions to increase fourfold compared to last year. The government says it will regulate its electricity prices and crypto activities.
One in Five Americans Are Keeping an Eye on Cryptocurrencies
A recent NBC News poll shows that 21 percent of Americans out of 1,000 are making use of digital assets by investing or trading in cryptocurrencies. According to the survey, more of these are men, with 50% of men between the ages of 18 and 49 exposed to cryptocurrency activity.
Such findings show that cryptocurrency investment or trading is becoming more and more popular. Any change in its price fluctuations is affecting the living conditions of the population.
Is It A Good Time to Invest in BTC?
The price of cryptocurrencies is currently fluctuating while cryptocurrency-related activities are happening. Many people believe that it is always a good idea to buy low and sell high with financial investments. The current drop in the price of Bitcoin corresponds to a "buy" time. However, what is the best way to buy bitcoin?
As we know, it is important to choose a good and stable exchange such as Gate.io, as it is important to protect your assets. It is also the fastest way to buy cryptocurrencies such as Bitcoin, as you can follow the price of the currency you are buying in real-time and choose when to trade.
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