FXOchartist
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The emergence of Bitcoin, which was the forerunner to the emergence of other cryptocurrencies, had a broad impact on the financial market. The value of Bitcoin which has experienced a bubble has become a historical record in the world of financial markets, on the one hand, it gives Bitcoin owners profits when they buy at low prices, on the other hand, some go bankrupt because they just go with the flow and buy when Bitcoin has soared high and falls because the bubble bursts. .
And now there are thousands of cryptocurrencies on the crypto market, most of which are traded on crypto exchanges. Apart from Bitcoin, other cryptocurrencies in the top ten rankings are Ethereum, USDT, Solana, BNB, and XRP.USDC, Cardano, Avalanche, and Dogecoin.
Even now CFD brokers such as FXOpen have also adopted cryptocurrency as one of their markets. However, in the UK and Australia, only clients who are categorized as professional clients are allowed to trade crypto to comply with the rules of the FCA and ASIC regulators.
This year, according to an article from the FXOpen blog, the cryptocurrency that experienced an extraordinary surge is Solana with the SOL token where SOL/USD will increase by more than 1000% in 2023. Of course, this is an extraordinary increase, but on the other hand, it also raises concerns about how long it will last. This token will continue to rise. It is feared that a bubble will burst on Solana referring to past experiences where Bitcoin also experienced something similar.
Cryptocurrency trading is now increasingly popular, and many crypto exchangers have emerged who are trying to take advantage of this trend. However, investors or traders must be wary of scammers who deceive victims with the promise of making easy money from the crypto market. Do checks and checks before investing in the crypto market to avoid scammers.
And now there are thousands of cryptocurrencies on the crypto market, most of which are traded on crypto exchanges. Apart from Bitcoin, other cryptocurrencies in the top ten rankings are Ethereum, USDT, Solana, BNB, and XRP.USDC, Cardano, Avalanche, and Dogecoin.
Even now CFD brokers such as FXOpen have also adopted cryptocurrency as one of their markets. However, in the UK and Australia, only clients who are categorized as professional clients are allowed to trade crypto to comply with the rules of the FCA and ASIC regulators.
This year, according to an article from the FXOpen blog, the cryptocurrency that experienced an extraordinary surge is Solana with the SOL token where SOL/USD will increase by more than 1000% in 2023. Of course, this is an extraordinary increase, but on the other hand, it also raises concerns about how long it will last. This token will continue to rise. It is feared that a bubble will burst on Solana referring to past experiences where Bitcoin also experienced something similar.
Cryptocurrency trading is now increasingly popular, and many crypto exchangers have emerged who are trying to take advantage of this trend. However, investors or traders must be wary of scammers who deceive victims with the promise of making easy money from the crypto market. Do checks and checks before investing in the crypto market to avoid scammers.
