Stay updated with breaking news from Coinswitch Ventures. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Cryptocurrency trading, with its high returns and volatility, attracts investors and traders. Parth Chaturvedi from CoinSwitch Ventures shared insights on market behavior and trading strategies in a recent ETMarkets live stream.
In a realm as dynamic as cryptocurrency, deciphering the factors that underpin the value of digital assets can feel akin to solving a cryptic puzzle. Parth Chaturvedi, Head of Investments at CoinSwitch Ventures, recently led an illuminating session designed to demystify the essence of crypto asset value.
Despite a potential short-term pullback, few analysts anticipate new record highs for the cryptocurrency.
Major cryptocurrencies surged following softer-than-expected U.S. jobs data, fueling speculation of potential Federal Reserve rate cuts. Bitcoin rose 1.5% to $64,340, Ethereum gained 3% to $3,184, and various altcoins, including BNB, Solana, XRP, Dogecoin, Toncoin, Shiba Inu, and Polkadot, also saw increases.
He cryptocurrency market experienced a decline in Monday's trading session, with Bitcoin slipping 2.3% to $62,300, while Ethereum fell 4.3% to $3,170.