Skip to main content

The other big problem facing Crypto traders that no one is talking about

19 Apr, 2021

On Friday, ahead of weekend fallout in cryptocurrencies, an article was published here, concerning the potentially big problem facing central banks and leading coins. In that article it was noted that regulation and inflation were two major issues, although given the scope of the narrative, the subject was barely touched upon. That article was also subsequently published on business social media too. Well, since then the price of all the leading coins took a beating this weekend, but that is surely just coincidence. Leaving that aside, what the price action this weekend has highlighted; is the disparity of highs and lows at various exchanges. There is no benchmark by which to work from. On this particular weekend it was the disparity of the low points that came into particular focus with considerable variation from one exchange to another. At some stage this issue will surely need to be addressed given the sometimes big variation in terms of those respective highs and lows that can especially occur when the price action is slumping or spiking

Exchange BTC

Mining icon
Want Bitcoin for free?

Try our Bitcoin Cloud Miner and get additional crypto rewards based on your trading volume. It's immediately available upon registration.

Start mining

Mining icon
Want Bitcoin for free?

Try our Bitcoin Cloud Miner and get additional crypto rewards based on your trading volume. It's immediately available upon registration.

Start mining