Bitfinex DigitalCash USD (BITFINEDASH) is traded on Cryptocurrency Exchange in USA. The company currently falls under 'Micro-Cap' category with current market capitalization of 35.02 M.
DigitalCash is is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 22 exchanges including Kraken, Cryptsy, Poloniex, CryptoX, HitBTC and Cryptopia in multiple currencies such as EUR, USD, XMR, BTC and USDT.
Average diversificationOverlapping area represents the amount of risk that can be diversified away by holding Bitfinex DigitalCash USD and equity matching DJI index in the same portfolio. Please note that Bitfinex DigitalCash USD is a digital instrument and cryptocurrency exchanges were notoriously volatile since the beginning of their establishment.
Bitfinex DigitalCash Diversification Suggestion
Use Bitfinex DigitalCash to protect against small markets fluctuations. The crypto experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Bitfinex DigitalCash to be traded at $93.61 in 30 days
Bitfinex DigitalCash appears to be very risky and stock price may revert if volatility continues
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