Baxia Markets
July 27, 2021

Bitcoin Soars, Others Follow

The largest crypto rose as much as 15% to $39,681 before paring some of the climbs to trade at about $38,600 as of 7 a.m. in London. Other virtual coins also rallied, including second-ranked Ether. In the meantime, Amazon’s job board advertised a vacancy for a digital currency product lead, stirring speculation that it might accept digital currency for its transactions in the future.




Last week, Elon Musk also expressed his support for digital currencies. He and Twitter CEO Jack Dorsey mentioned at the B-word conference that Bitcoin is still very much relevant in the world we live in, and will continue to grow in the future. More than $700 million of Bitcoin shorts were liquidated on Monday, the most of any day in at least the past three months, according to data from


We love to hear new ideas from traders and want to know what you think! 


If you like this topic and want to suggest future topics that you find helpful, let us know by clicking the ‘submit your feedback’ button below.


Open Live Account  


Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. 


Nothing contained in this website should be construed as investment advice. Any reference to an investment's past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. 

cryptocurrency, trading conditions, technical analysis, fundamental analysis

Subscribe by Email