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Cryptocurrency News Articles

easyMarkets Q4 Growth Driven by Cryptocurrency Trading as Bitcoin Surpassed $100,000

Jan 30, 2025 at 11:34 pm

easyMarkets saw a sharp rise in cryptocurrency trading in the fourth quarter of 2024, with Bitcoin surpassing $100,000. This price surge drove strong interest

easyMarkets Q4 Growth Driven by Cryptocurrency Trading as Bitcoin Surpassed $100,000

easyMarkets experienced a surge in cryptocurrency trading during the fourth quarter of 2024, largely driven by Bitcoin's price rally above $100,000. This surge in crypto trading volume resulted in cryptocurrencies becoming the dominant asset class traded on the platform.

Trading volumes for cryptocurrencies tripled when compared to the third quarter, highlighting the increased market activity and investor interest in cryptocurrencies.

easyMarkets also saw strong performance in traditional assets such as gold and the Nasdaq100, which remained popular trading choices among clients. Gold maintained its status as a safe-haven asset throughout the quarter, attracting traders amid economic uncertainty and natural disasters.

Meanwhile, the Nasdaq100 also performed well with strong performance in the tech sector, providing stability in an otherwise fast-moving and volatile quarter. These assets provided a counterbalance to the rapid fluctuations in the cryptocurrency markets.

easyMarkets Partners with Real Madrid Again

easyMarkets has renewed its partnership with Real Madrid C.F, continuing its role as the club's Official Trading Partner, Finance Magnates reports. The collaboration, which began in 2020, was confirmed at a recent event attended by easyMarkets CEO Antoniades and Real Madrid’s Director of Institutional Relations, Emilio Butragueño.

The partnership aims to leverage Real Madrid's vast global following to support easyMarkets' efforts in expanding access to trading markets. This renewal also coincides with easyMarkets obtaining an FSCA license in South Africa, complementing its existing regulatory approvals from CySEC, ASIC, FSA, and FSC.

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Other articles published on Jan 31, 2025