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Monday, 25 March 07:40 (GMT -05:00)



Foreign exchange market

Bitcoin Prospects Look Vague Against Altcoins


The situation in the global market of cryptocurrencies has been changing for a while. Bitcoin seems to be gradually losing its status of the world’s biggest and most popular digital currency.
 
However, the BTC exchange rate has been showing substantial growth over the last few trading days. After showing some weakness, the cryptocurrency is now trying to recover. At the same time, the share of the world’s first cryptocurrency in the global cryptocurrency market is diminishing as international investors are investing in new altcoins.
 
Yesterday’s cryptocurrency market cap was close to 439 billion dollars. It’s interesting to note that the market cap managed to increase by as much as 22 billion dollars in a matter of 24 hours.
 
NordFX experts report that the BTC exchange rate has gained around 5% and exceeded the 9600 threshold.

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At the same time, the Bitcoin market cap has now exceeded 160 billion dollars. However, its market share has shrunk all the way down to 36,7% of the global cryptocurrency market.
Back in early April, Bitcoin used to be relatively weak after dropping below 7000 dollars per coin. This means that since then, the exchange rate has gone a long way up over a relatively short period of time. At this point, it is trading somewhere above 9600 dollars per coin.
 
Bitcoin Aims For New Highs
 
It’s safe to say that April was a bullish month for the world’s first cryptocurrency. After a relatively long period of depression, the currency did eventually manage to recover. Experts predict that Bitcoin is now aiming for the next major level, which is 10000 dollars per coin. Chances are, the coin will succeed in conquering this major level of resistance. It’s interesting to note that in 2017, Bitcoin started another bull cycle closer to the summer. That’s why more and more experts believe that April’s lows were perfect for loading up on Bitcoin at a discount since it is going to appreciate in the near future.

 

 

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Alpari Eurasia Joins Belarus Association of Financial Market Development

 In order to stay ahead of the rivals, forex companies have to keep on improving, introducing new products and services, innovating, expanding their presence in the global market. Alpari has reported about joining the Association of Financial Market Development in the Republic of Belarus. The decision was made on March 2019, given Alpari's significant contribution to the development and improvement of the local forex industry.

Publication date: 14 March 12:31 PM

NordFX Shares Forex and Cryptocurrency Forecasts for Mid-March 2019

The situation in forex, which is the international currency market, has always influenced many other fields of human life worldwide. In the meantime, traders and investors rely on accurate forex forecasts to earn money. That is why Market Leader keep on telling you about those weekly consensus forecasts, courtesy of NordFX. In particular, the local expert team has come up with another forecast based on the time-tested approach, which boils down to studying tons of related sources, expert opinions, as well as predictions made based on technical and graphical analysis.
Publication date: 11 March 11:13 AM

FxPro Conducts Professional Training for Forex Traders

Making money by trading Forex has been getting more and more popular with retail traders over the last few years. When done in a proper and consistent manner, those investments may generate profits in any economic situation, even during a crisis. But how can you become a successful trader?

Publication date: 10 March 05:52 AM

NordFX Shares Forex and Cryptocurrency Forecasts for Early March 2019

 The balance of powers in the international currency market (also known as forex) influences many contemporary tendencies in the entire world. At the same time, traders and investors rely on accurate forex forecasts to earn money. That is why we keep on publishing those weekly consensus forecasts, courtesy of NordFX.

Publication date: 03 March 11:09 AM

How Scams Exploit FxPro Reputation

Financial markets are not pure figures, reports, and charts. Any market implies human players in the first place. Unfortunately, not all of those people are kind and honest. Forex and its participants - traders, investors, and brokers - have always been subject to various kinds of manipulations and fraud. With that being said, a market participant can fall pray to scams an all kind of unfair play in the industry surrounding the international currency market.

Publication date: 02 March 01:10 AM

Brexit Won't Affect British Pound Just Yet, NordFX Experts Say

The balance of powers in the international currency market (also known as forex) influences many contemporary tendencies in the entire world. At the same time, traders and investors rely on accurate forex forecasts to earn money. That is why we keep on publishing those weekly consensus forecasts, courtesy of NordFX.

Publication date: 26 February 11:19 AM

NordFX Wins 3 Forex Awards

NordFx is reported to have become the winner in 3 nominations of the prestigious Forex Awards.

 

Publication date: 22 February 02:55 AM

Cryptocurrency Market Will Get Feverish By Mid February 2019

There is quite a lot of factors out there capable of influence the currency market in general, and cryptocurrency market in particular. In their turn, currency exchange rates can influence the entire world. At the same time, professional traders and investors take those exchange rates into account to avoid losses and make profits. At the same time, they don't mid taking expert opinions into account to be more accurate in their own predictions as well as the trading decisions based on them.

Publication date: 11 February 10:36 AM

NordFX. Forex and Cryptocurrency Forecast. Early February 2019

NordFX is back with their weekly consensus forecast for the week. We must confess that the forecast based on a number of technical indicators and expert opinions have been really efficient in predicting future market behaviors. With that being said, this is an overview of the recent forecast made for the current trading week, which is February 4-8, 2019.

 

Publication date: 04 February 11:05 AM

Chinese New Year

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Publication date: 03 February 03:20 AM