Analytics / Forex and Crypto News
Despite the bullish growth that Bitcoin has shown over the past week, it has not become the most volatile instrument among the trust instruments. In the second half of 2020 Tesla shares were more volatile compared to Bitcoin. CoinShares strategist Meltem Demirors expressed this point of view on the air of CNBC.
As you know, Tesla shares were included in the S&P 500 index last Monday. And if you look at the price chart of the shares, you can see that since the beginning of the year, Tesla shares have risen in price by 580%, while the price of Bitcoin has risen by 240% since the beginning of this year.
The world has changed a lot this year. And if you look at the growth in the value of shares of such companies as Tesla, Zoom, Pfizer, then the price of Bitcoin will not seem so volatile.
As we know, the price of Bitcoin began to show growth from mid-October. And to date, it was able to establish a new all-time high, reaching $24298. However, at the time of publication, Bitcoin is trading at $23315.
During November, ICO-projects sold 416K ETH. This is the largest figure since the summer, reports Trustnodes.
According to Santiment, in August, ICO startups sold only 100,000 ETH. In September, sales of digital currency increased significantly, reaching 300 thousand ETH. In Nov