The two leading cryptocurrencies, Bitcoin and Ethereum, have experienced a volatile market in recent months. As the prices of these digital assets continue to fluctuate, investors and analysts are looking for signs of what the future may hold.
Bitcoin has been experiencing a meteoric rise, surpassing $21,300 and Ethereum is not lagging behind either, having hit a peak of over $16,000.
Binance Launch In Bahrain: What You Need To Know About Crypto Exchange Trading
Binance, the top crypto exchange in the world, has announced the launch of binance.bh via a press release. This enables users to trade digital assets with ease and convenience.
Binance.bh will allow Bahraini citizens to carry out transactions in their own currency, making deposits and withdrawals easier. Additionally, they can access a wide range of properly regulated products and services from Binance.
By connecting their bank accounts to their Binance.bh accounts, Bahrain users can take advantage of recharge/withdrawal services of local currencies through the platform. This is offered as part of the products and services available at Binance.bh.
The Central Bank of Bahrain and the Economic Development Board were instrumental in guiding Binance’s expansion into new markets. The success of this venture further cements Binance’s presence in the region.
Binance made headlines recently as they claimed to be hiring while other exchanges are unfortunately cutting back. This development arrives immediately after Binance’s decision to expand into Sweden and Bahrain.
This news has been a catalyst for the recent surge in cryptocurrency prices.
Bitcoin Price
Bitcoin has seen a slight rise of 0.15% rise over the last 24 hours and a whopping 22% surge in the last 7 days, the price currently being at $21,357. Trading volume for Bitcoin has also reached $25 billion in the same time frame.
On the 17th of January, Bitcoin’s attempt to break above the $21,400 barrier…
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