BTCNEXT Announcements

    BTCNEXT Exchange Update #29

    BTCNEXT is doing great - and it’s all thanks to you, our beloved community! In recent weeks, we have continued to improve our exchange - we performed planned maintenance and are listing a new coin. Check it all out right now!

    Financial markets

    Another unsuccessful week for the gold market ended with the price falling to the support level of $1,700 per troy ounce. The negative correlation with the real US interest rate causes gold to lose its value.

    The rally in the oil markets continued last week. The results of the OPEC meeting supported the upward trend, quotations reached the resistance level of $66 per barrel. Oil prices have been rising since November last year.

    Key indices are moving up after a small correction. The S&P 500 has settled above the $3,850 mark, while The Dow Jones is trading at around $31,800.

    Crypto market

    The crypto market capitalization has grown by 5.8% over the last 7 days. XEM grew the most: +13% in a week. ADA dropped more than the others, losing 10.4% of its value. The NOAHP and BNX prices haven’t changed. QDAO grew by 10%.

    We have witnessed huge volatility in the crypto market over the last two weeks. At first, Bitcoin dropped to $43,000 but nowadays the price is $53,000. It’s quite unpredictable whether the upward movement will continue in the coming days or whether we will drop to the even lower range of $38,000-$42,000 per BTC. Altcoins are losing more value than Bitcoin and some have an impressive potential to update their ATHs, if the rally continues.

    BTCNEXT Exchange update

    The BTCNEXT team never stops and never sleeps so it can improve all the exchange’s services to the max! Here are the most valuable updates from the last two weeks:

    • We conducted maintenance to enable the exchange to work faster and be more stable and safe. We did it to provide the best user experience for our beloved BTCNEXT community!
    • We are in the final preparations for the listing of a new coin and there are a few more next in line. Keep an eye on announcements to not miss this great news!
    • Don't forget about our social network channels - we regularly share cool news and updates. Check out our Twitter, Telegram, Facebook, Medium and LinkedIn!

    Daily volumes and statistics on BTCNEXT Exchange:

    • BTC - $18m
    • ETH - $16m
    • ADA - $8m
    • BNX - $88,000
    • NOAHP - $6,500
    • QDAO - $67,000
    • The total average daily volume on the exchange is $65m.

    Thank you for your support! We are doing our best to provide BTCNEXT users with the greatest opportunities and conditions. Stay tuned!