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The recent announcement that Bittrex will allow investors to buy digital coins with the U.S. dollar is the latest in a string of crypto trading trends to move West from Asia. With Japan and Korea among the first to facilitate an open and active trading ecosystem with fiat pairing, it’s clear that the Asian region is a nexus for global crypto trends.
It is rather strange to see all cryptocurrency markets in the green as of right now. Given the negative market sentiment throughout the past few weeks, it has become evident there may not be any major gains on the horizon. Even so, all markets are recovering slowly. With the Bitcoin price heading to $ 7.500 again, things will undoubtedly get very interesting.
Everyone should be aware of how the Bitcoin value determines all prices in the world of cryptocurrency. If the Bitcoin price drops, all altcoins will suffer. When the Bitcoin value goes up, altcoins will benefit as well, albeit usually in less spectacular fashion. As such, the market needs a healthy Bitcoin price increase before all of the cryptocurrencies can effectively see a proper bullish trend.
There is no denying technology will play an even more important role in our daily lives over the next few years. As society is slowly transitioning into the Digital Age, more and more daily tasks will heavily rely on technological advancements. So far, it looks like 2016 will be an interesting year for certain technology trends. That being said, it remains to be seen how these forms of technology will impact the daily lives of consumers all over the world.
Also read: Tips To Build A Successful Brand In The Bitcoin World
