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Bitcoin reclaims $51,000 as risk appetite improves


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What Is Cryptocurrency? The History of Bitcoin, NFTs, and other  Cryptocurrencies

By Samuel Indyk, 7th December 2021.

Full article on Investing.com – The price of Bitcoin was above $51,000 on Tuesday as risk appetite improved amid positive early signs that the Omicron COVID variant may be less severe than previous variants.

Over the weekend, US pandemic adviser Dr Anthony Fauci said that although it is too early to make any definitive statements on Omicron, it does not look like there’s a “great degree of severity” to the variant.

Bitcoin Price

After touching a low around $42,500 on Saturday, Bitcoin has risen over 20% to trade at its current price near $51,500.

Volatility here to stay?

Some analysts have argued that as Bitcoin matures as a financial market asset that price volatility will lessen going forward.

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    • This is the E1 contract from an IG France account. All the best, KoketsoIG
    • Dear @cate, We're sorry to hear you didn't like the new platform. The old platform is being decommissioned, so we recommend using the new one. You can find the same markets by using the search function. For example, when I typed 'crude oil' on both platforms. To select the desired contract on the new platform, simply click on the market you want and then choose from the dropdown menu. The E1 contract is only available for Europe accounts, not UK accounts on both platforms. Thanks, KoketsoIG
    • Hi, I've been holding onto the old platform as long as I could, because I really don't like the new one,  but now it's being decommissioned I'm trying to use the new one finally. ☹️  On the old platform I had a choice of WTI either as a 1 euro or a £1 contract, and the same for Gold. But when I search on the new platform all I get is the  £1 contract as well as an absolute ton of ETFs. It doesn't even say it's the £1 version, it just calls itself "spot gold" which is a bit confusing because it looks as though you might be buying a full lot, not just a mini contract. Can anyone tell me how to find the 1 euro contracts, or are they just not available on the new platform? Many thanks, Cate 
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