The cryptocurrency market has fallen under intense pressure during the first quarter of the year. It was packed with issues including exchange hacks, exchange suspensions, and increased regulation from China. The cryptocurrency market is fairly illiquid as is, and these steep declines do not help, should many investors choose to leave the market and close their positions.
Bitcoin chart and market data by coinrate.com
Looking back in history, the second quarter often met with more optimism and bullish sentiment in comparison to the first one. Also, countries such as China seem to be moving in the right direction when it comes to regulation. China will soon move in and begin to regulate cryptocurrency as opposed to an outright ban of the digital assets.
Scalability is a major issue in the cryptocurrency space, and we are seeing solutions in regard to scalability becoming more mature as they prepare to hit the market going into Q2 of 2018. With scalability solutions launching for Bitcoin and other crypto protocols in the near future, more participants will be attracted into the crypto space. This is due to the fact that transaction times will be reduced in addition to the reduction of fees per transaction. This will clear up tons of space in the blockchain which will aid in solving the transaction backlog as well as the high transaction fees.
2 min
Table of contents
MOST TRADED ASSETS
- Binary Options
- Digital Options
- Forex
- Stocks
- Indices
- Commodities
- ETFs
-
EUR/USD
1.04
Trade-0.34% -
USD/JPY
157.16
Trade+0.39% -
GBP/USD
1.25
Trade-0.42% -
AUD/USD
0.62
Trade-0.41% -
GBP/JPY
196.72
Trade-0.03%
-
Shopify Inc.
109.17
Trade+0.28% -
Microsoft Corporation
432.88
Trade-0.74% -
Tesla, Inc.
429.65
Trade+1.48% -
NVIDIA Corporation
136.91
Trade+0.99% -
Apple Inc.
254.68
Trade-0.23%
-
Gold
2612.39
Trade-0.46% -
Crude Oil WTI
68.63
Trade-1.25% -
Crude Oil Brent
71.8
Trade-1.32% -
Silver
29.57
Trade-0.42% -
Natural Gas
3.26
Trade-4.91%
-
US 100
21319.35
Trade-0.24% -
US 30
42636.74
Trade-0.98% -
US 500
5932.62
Trade-0.54% -
GER 30
19824.35
Trade-0.41% -
US 2000
2228.74
Trade-1.35%
-
UltraPro Short QQQ
29.71
Trade+0.1% -
S&P 500 ETF
590.34
Trade-0.12% -
20+ Year Treasury Bond ETF
87.83
Trade-0.4% -
Daily Junior Gold Miners Index
37.25
Trade-1.06% -
Gold Miners ETF
34.24
Trade+0.03%
Your capital might be at risk
Related posts
How To Short Sell Crypto: Making Profits in a Bear Market
2 stars of the crypto market: Bitcoin vs. Ethereum
Day Trading Cryptocurrencies on IQ Option
Cryptocurrency News: Where Are We Headed?
Crypto Trading: Still Hot or Not?
Trading CFDs on Crypto with IQ Option
Bitcoin Technical Analysis: July 2020. Bulls or Bears?
Bitcoin Technical Analysis for July 2019
What should you learn next? Turn the wheel to find out!
