It's no secret that the world of finance has been going through some major changes lately. People are moving their money out of traditional fiat currencies and into Bitcoin and other cryptocurrencies. And as a result, even big banks are feeling the pressure.
Some banks have even started to limit the amount of money that can be transferred to crypto exchanges, as they try to hold onto their share of the market. But despite all of this, Bitcoin's value just keeps going up and up. As of Friday, it was trading at around $28.2k, which is a 70% increase from the beginning of the year, according to TradingView market data.
And it's not just Bitcoin - Ethereum, the second-largest cryptocurrency, has also seen a significant gain of 51% since the start of the year. It's clear that the world of finance is changing, and cryptocurrencies are playing a big role in that. What do you think about all of this? Are you invested in cryptocurrencies, or are you sticking with traditional forms of currency for now?
Read more : https://coinpedia.org/altcoin/...-chain-data-suggest/