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Bitcoin’s intense volatility makes it great for traders, behaves similarly to commodities.
On August 5, less than four days after the Bitcoin Cash (BCH) hard fork, Bitcoin price surged drastically within a 24-hour period, recording a new all-time high at $3,212.
Chinese investors are putting their faith in LocalBitcoins to exchange Bitcoins after major exchanges in the country stopped allowing withdrawals of BTC. The move was in response to warnings from the People’s Bank of China about AML/KYC regulations.
In these volatile, but markedly bullish markets, it’s easy to think that you are a trading genius as you collect profits. Are you outperforming the market though?
Swiss bank has launched a product which will bring more investors on board the Bitcoin/USD trading.
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