Traditional Traders Show Growing Interest in Crypto

[newshunter]

Traditional Traders Show Growing Interest in Crypto

A report published by Acuiti details that institutional firms are showing interest in Bitcoin and Ethereum derivatives

Source: Traditional Traders Show Growing Interest in Crypto

Would appreciate your opinion about this

[Senin]

The cryptocurrency market is very similar to the traditional stock market. Only the cryptocurrency market is characterized by very high price volatility. It is the volatility of the cryptocurrency that attracts traders and allows them to derive financial benefits in any market condition. Therefore, it is not surprising that in a situation where states are paying more attention to cryptocurrency and cryptocurrency is playing an increasingly important role in the global financial sector, traders in traditional markets will explore the possibility of working in the cryptocurrency market as well.

[Bobcrypto]

Yeah, I think that the interest on crypto will definitely increase much more in near future because it has proven to be reliable and similar to the old stock trading. we are gonna see more attention and growth as time goes on.

[Alcor]

Our world is now moving towards digital technology and digital financial assets and payments. Many world states also showed great interest in digitizing their currencies, who noted that such a digital currency would be less wasteful, faster and cheaper to maintain.
However, traders of traditional markets should be attracted to cryptocurrency due to its high price volatility, and hence the possibility of generating high incomes.

[Cisco]

Better late than never. At least crypto can be similarly treated as stock. However the down side is that when instutional firms join crypto market, they're are such huge sharks and can dramatically manipulate the market.