Monday’s Crytpocurrency Markets: A Mid-Session Brief
Shain Vernier • 1 min read
Trading cryptocurrencies on a Monday is an interesting undertaking. Without a traditional market open or close, they are a truly unique financial instrument presenting several inherent challenges to active traders.
However, given the proper mindset, strategy, and brokerage service, the cryptocurrency trade can be lucrative nearly any time.
Cryptocurrencies Are On A Historic Bull-Run
Today’s trade of the big three has shown us the volatility and price action commonly attributed to these budding markets:
Bitcoin (BTC): Currently trading $3,905 per BTC, up over $200 in the past 24 hours.
Ethereum (ETH): ETH is seeing marked participation at $295 per ETH, up $6.78 since yesterday.
Litecoin (LTC): Right now, LTC is trading at $52.03, up $4.09 from yesterday.
Getting Involved With The Cryptocurrency Markets
FX Leaders has recently opened an active lineup of signals facing cryptocurrencies. BTC, ETH, LTC, and Ripple (XTC) are the featured assets with more in development. All that is needed to engage these exciting markets is some capital, a proven strategy, and a reputable broker.
Choosing a great brokerage service is a key aspect of trading any asset class successfully. Whether one is interested in forex, futures or cryptocurrencies, your brokerage should never be a question mark.
Before moving forward into the market, check out the list of recommended brokerage firms and evaluations here at FX Leaders.