The cryptocurrency market has been soaring, and investments have been at an all-time high. On the other hand, the USD stands mightily in the global market, tracking currency exchanges across the world.
Where do the two stand against each other? What does this mean for traders who use automated trading systems like BitQT to deal in bitcoin? Read ahead to know how each measures up to the other and what a battle between the two may mean.
The rise of cryptocurrencies like bitcoin has governments across the world, noticing the surge. There have even been speculations that the Central Banks of many countries would begin issuing their own digital currency. These currencies that circulate in the online marketplace would then begin to resemble the bitcoin much more than it would the USD.
Source: https://www.entrepreneurshipsecret.com/bitcoin-vs-usd/