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2024-08-01
Interesting about finance
NordFX: Bitcoin surpasses gold in ranking of most popular assets on the platform

NordFX: Bitcoin surpasses gold in ranking of most popular assets on the platform

NordFX, a leading brokerage firm, has published its performance results for July 2024, highlighting the impressive trading achievements of its clients. The data showcases significant accomplishments across various trading instruments, with Bitcoin taking center stage, surpassing traditional assets like gold in trader rankings.

According to the NordFX report, Bitcoin trading brought the highest profits to NordFX clients in July. This surge in profitability is attributed to the cryptocurrency’s volatile price movements, which provided traders with ample opportunities to capitalize on market fluctuations.

A client from Southeast Asia with account number 1609XXX reportedly earned $50,792 solely from Bitcoin trading, marking a notable individual achievement within the trading community.

While Bitcoin was in the spotlight, other trading instruments also contributed to the overall success. Gold, traditionally considered a safe-haven asset, continued to be a reliable source of profit for NordFX clients.

The report noted that several traders achieved significant profits through strategic gold trading, leveraging its price stability amidst global economic uncertainty. A client with account number 1749XXX earned $45,106 in profits from gold trades.

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