Monthly report on the work of our traders
In May, the cryptocurrency market experienced good volatility and a decline in the prices of BTC and ETH.
In the first half of the month, the price of BTC gradually declined, and on May 19, it reached a price low of $30,000. May began with a price of $57,697, the price of BTC was $37,253 at the end of the reporting period. The maximum of the month is $59,500 on May 10. The fall in the price of BTC was 35.5% at the end of the month. Since December, we have seen a rapid increase in prices in the cryptocurrency market, May was the first month in which the price of BTC fell significantly. Altcoins showed an increase in the price of Bitcoin in the first half of May, and in the second half of May, BTC regained its dominance in the market. ETH managed to maintain its position, its growth against BTC reached 70% in mid-May, but by the end of the month it fell to 50%, which is also an excellent indicator.
The price of ETH against the US dollar did not fall as significantly as the price of BTC in May. The opening price of the month is $2772, the maximum price is $4372 on May 12. The closing price of the month is $2706. The fall in the price of ETH was 2.4% in May, quite a bit, compared to the fall in the price of BTC.
At the end of the month, the cryptocurrency market remains one of the most dynamic and attractive for investors. The good growth and volatility inherent to the cryptocurrency market allowed to get excellent profits.
Read the detailed report below.
In May, the cryptocurrency market experienced good volatility and a decline in the prices of BTC and ETH.
In the first half of the month, the price of BTC gradually declined, and on May 19, it reached a price low of $30,000. May began with a price of $57,697, the price of BTC was $37,253 at the end of the reporting period. The maximum of the month is $59,500 on May 10. The fall in the price of BTC was 35.5% at the end of the month. Since December, we have seen a rapid increase in prices in the cryptocurrency market, May was the first month in which the price of BTC fell significantly. Altcoins showed an increase in the price of Bitcoin in the first half of May, and in the second half of May, BTC regained its dominance in the market. ETH managed to maintain its position, its growth against BTC reached 70% in mid-May, but by the end of the month it fell to 50%, which is also an excellent indicator.
The price of ETH against the US dollar did not fall as significantly as the price of BTC in May. The opening price of the month is $2772, the maximum price is $4372 on May 12. The closing price of the month is $2706. The fall in the price of ETH was 2.4% in May, quite a bit, compared to the fall in the price of BTC.
At the end of the month, the cryptocurrency market remains one of the most dynamic and attractive for investors. The good growth and volatility inherent to the cryptocurrency market allowed to get excellent profits.
Read the detailed report below.