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Bitcoin (BTC) and Tether (USDT) trades – 25TH FEBRUARY 2019

The cryptocurrency market is failing after experiencing day on day gains in the past month. Bitcoin (BTC) is currently trading 7% lower in the past 24 hours at $3839.37 USD. Ethereum (ETH), Ripple (XRP) and Eos (EOS) have all experienced double digit losses in the past 24 hours with 14%, 10%, 17% loss respectively. The top 5 cryptocurrency list is completed by Litecoin (LTC) with 13% loss in the past day.

With the cryptocurrency market below the $130 billion mark the prices offer a perfect buying opportunity for investors. Below we discuss why we chose to purchase Bitcoin (BTC) and Tether (USDT) as our first two investments in the KT Index.

Bitcoin (BTC)

Current Purchase Value: $ 5000

Current price: $3841

Potential Purchase Value: $30,000 USD (30%)

Bitcoin offers a long term opportunity for growth.

 

Tether (USDT)

Current Purchase value: $2,000 USD

Current Price: $1.00

Potential purchase value: $5,000

Tether (USDT) remains the biggest stable coin in the market today. Having a portion of USDT protects my portfolio against losses on the dollar.