Why the markets are closing at an incredible pace – and how it’s all part of a global trend
As investors in the tech and internet sector grapple with the fallout of the Great Recession, some are turning their attention to a new phenomenon: the markets closing at the exact same time.
This phenomenon is known as “online trading,” and it’s been dubbed the “peak” of the market.
“The market has been closing at a consistent pace for several years,” said David A. Zentz, chief investment officer at Zentze Capital, a technology and internet advisory firm.
“We have been seeing the market close every year since 2009, and that’s a very, very unusual pattern,” he said.
“We think that the trend is going to continue.””
So far, the closing is down slightly from last year, but that’s not all. “
We think that the trend is going to continue.”
So far, the closing is down slightly from last year, but that’s not all.
As investors look to take advantage of the rising demand for digital currencies, the price of bitcoin and other digital assets is at an all-time high.
The average price of a bitcoin last month was $9,879, up nearly 5% from the same month a year ago, according to CoinDesk.
This is a remarkable jump for a currency whose price fluctuates wildly.
And while the average price for gold is currently down about 7% from its peak in early January, it is up over 20% from 2016, when it was $2,843.
Bitcoin has soared over $5,000 since last year.
“This is the kind of thing that is really interesting,” Zentzz said.
“People are very interested in what is going on with the stock markets, and the stock prices are in particular a big part of it.”
What is the impact of bitcoin’s surge?
While it is hard to say exactly what will happen to the stock exchange’s trading in the coming weeks, the market’s closing has been causing investors to rethink how they invest their money.
“I think a lot of people are looking for a more diversified portfolio, or they are just looking for more diversification of assets,” said Matthew Kuebler, founder of the cryptocurrency trading platform CryptoVendors.
“There are a lot more options to be made available.”
Zentz believes the rise of digital currencies and other cryptocurrencies are fueling a new, global trend.
“I think we are seeing a lot fewer people putting their money in traditional stocks, because of the digital currencies,” he explained.
“And that’s just going to drive up their portfolio size. “
“That’s why the markets have been closing every year, because that is a very good time to diversify. “
“If you’re buying a traditional stock and the market goes up and it stays up for five years, that is going a long way in terms of having enough assets to invest.””
In other words, bitcoin’s price spike has created a huge demand for other assets, and investors are looking to take those gains with them. “
If you’re buying a traditional stock and the market goes up and it stays up for five years, that is going a long way in terms of having enough assets to invest.”
In other words, bitcoin’s price spike has created a huge demand for other assets, and investors are looking to take those gains with them.
“What you are seeing is people are really looking for things that are different than what they had before,” said Kuehler.
Bitcoin and other altcoins are popular among tech investors and financial services companies. “
In some ways, they are being more conservative than before.”
Bitcoin and other altcoins are popular among tech investors and financial services companies.
While bitcoin has been on a roller coaster ride over the past year, it has recovered a lot in the last month, rising to a record high of $7,846 on Tuesday.
And the digital currency is up more than 40% this year compared to last.
Zentzz says there is a trend of people looking to diversified portfolios that include digital assets.
“It’s hard to see where they are going,” he added.
“A lot of this is going around on Twitter, on Reddit, or on YouTube, and a lot is happening in a lot less mainstream media outlets.”
In the future, I think it is going the way of the dinosaurs,” he concluded.