Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By BusinessImpacts
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Understanding Bitcoin's Volatility in the Dynamic New Market Since the Trump Win 

% of readers think this story is Fact. Add your two cents.


Photo by CardMapr.nl on Unsplash 

Bitcoin has been on a wild ride recently. It crossed the $100,000 mark for the first time but quickly dropped to around $92,000 the next day. These big swings in price remind everyone how unpredictable and exciting the cryptocurrency world can be.

A few things caused this volatility. Many investors decided to sell after the big price jump, which increased the pressure to sell even more. And, while that was happening, news about U.S. Federal Reserve policies and regulatory changes made the market really nervous. Big companies like MicroStrategy buying Bitcoin can boost confidence, but when other companies, like Meitu, sell large amounts of Bitcoin, it creates uncertainty.

For anyone looking for a cryptocurrency that’s less unpredictable, Bitcoin Cash (BCH) stands out as a practical alternative to Bitcoin, especially in areas like online gambling. A BCH casino is a good example of how platforms can take advantage of BCH’s unique benefits. Unlike Bitcoin, BCH tends to be more stable, which can help players manage their funds without worrying about sudden price drops. Transactions are also more secure and faster, often confirmed in just a few minutes, which means less waiting around for deposits or withdrawals. 

Additionally, BCH’s low transaction fees make it a smart choice for small payments, letting players hold onto more of their winnings. 

Bitcoin’s latest price swings also come from how people react to changes. When prices rise, people rush to buy. But when they drop, panic sets in, and many sell quickly. For example, when Bitcoin fell below $92,000, more than $1 billion worth of positions were wiped out in just one day, mostly from overconfident investors who had bet on prices going up.

Outside events also play a big role. Take Donald Trump discussing the idea of a U.S. Bitcoin reserve, as a good example. This got some investors excited but made others doubtful. The market’s heavy use of borrowed money, or leverage, adds to the problem, making price drops even bigger.

Bitcoin’s issues with volatility continue to draw in investors looking for quick profits. As a result, activity on the coin is always buzzing, though this can also mean that prices tend to shift dramatically too. Despite this, Bitcoin’s popularity continues to grow as its widespread adoption across various industries also marches on unabated. 

Today, it’s no longer just for tech-savvy users—more businesses, banks, and even governments are recognizing its potential. That said, new investors should tread carefully since the crypto market is still full of risks, especially when it comes to new coins that are clearly seeking visibility

Experts believe Bitcoin can keep growing, as it has done many times before. As long as it stays above key support levels like $95,500, it could climb higher. Bitcoin Cash is making cryptocurrencies more practical in everyday life, as we’ve seen in the casino example above, and that’s just the beginning. Cryptocurrencies may be volatile, but they’re shaping the future of finance and technology in ways we’re only beginning to understand.



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

MOST RECENT
Load more ...

SignUp

Login

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.