Trade Ethereum prices with a CFD Trading account.
We are now halfway through October, and one of the clearest themes across the cryptocurrency market has been the lack of meaningful price action. The absence of direction has become increasingly evident in short-term trading, and even Bitcoin, the market’s benchmark asset, has failed to generate the type of moves needed to restore confidence across the sector.
As the second half of October begins, a growing sense of caution has become increasingly evident across the cryptocurrency market. Demand continues to struggle to regain momentum, while confidence around the sector's largest assets remains trapped in a relatively persistent phase of neutrality.
Despite Bitcoin's attempt to regain ground during the latest trading session, posting gains of more than 1.6%, the move has yet to signal a meaningful recovery in demand. The main reason is that, over recent weeks, price action has continued to develop within a broader phase of indecision, preventing BTC from reclaiming the key psychological barrier around $85,000 in a convincing manner.
Use the potential of this fast growing cryptocurrency, without taking ownership.
Speculate on Ethereum prices without the need for a virtual wallet, so no waiting on exchanges – just instant trading.
Speculate on both rising and falling markets. This can help hedge risk in your portfolio and open broader trading strategies.
You only have to put up a fraction of the XRP – or other crypto – price to start trading. Remember, Leverage can magnify your profits and your losses.
Our Global Research Team provides up-to-the-minute analysis and trade ideas on the stock and index markets. We continuously monitor the New York, London and Asia sessions – so you don’t have to.
If you have more questions visit the Cryptocurrencies FAQ section or start a Chat with our support
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