Crypto currency market monthly update July 2020

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paquitopinero
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When talking about the world of cryptocurrency, it’s always going to be interesting. After all, this is an emerging asset class with explosive potential. But over the past 30 days, things have been interesting in a different kind of way. While volatility has been on the rise in traditional markets, and while most major assets have been outperforming against the US Dollar, this has not been the case for Bitcoin.

When looking at performance in Bitcoin over the past 30 days, the crypto asset is trading lower against the Buck, albeit marginally. Interestingly enough, the lack of volatility in Bitcoin has led to a surge in demand for exposure to the Ethereum blockchain, with Ether up over 8% against the Buck as crypto investor appetite for attractive yield in the decentralized finance space explodes.
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Crypto Trading
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