Our 6th update on Huobi Pro BTCUSDT to Bitstamp BTCUSD since 21st November 2019. Huobi Pro Bitstamp with BTCUSDT BTCUSD reached a 28 day period high on the 19th December marking a 55.3% shortening from the sixty day high of 142.58, making a difference of -78.9 during the 28 days, the combination is sat at 7.39 at 04:00 today looking at profit of 0.00146948 bitcoin for every 1 BTC spent. Since we began we have watched a spread high of 63.68 since the 1st of January 2020. In the last 24 hours the spread reached a high of 13.9 meaning -132.52 decrease on the year signalling a 90.5% reduction from that spread. Huobi Pro and Bitstamp's BTCUSDT and BTCUSD is 46th from a selection of 219 spreads we offer. This combination is not a high yield opportunity, and not the same as HBDM BTC_CQ to HBDM BTC_CW and HBDM BTC_CQ to Bitstamp BTCUSD which should appeal more.
13th January 2020 04:00:37 UTC - 36 weeks ago
Huobi Pro BTCUSDT @ 8097.46000000
Bitstamp BTCUSD @ 8090.07000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00146948 BTC with a 0.147% return
Bitcoin Trade Size
This nets a profit of 0.07347 bitcoin when you auction 50 BTC of BTCUSDT at Huobi Pro at the price of 8,097.46 and buy the same volume of 50 BTC of BTCUSD at Bitstamp priced at 8,090.07 providing a 594.97 USD gain with BTC stable at 8,098 USD. The signals demonstrate that you should examine this more, this will return a profit if performed to the amount of 0.001469 per one BTC. The information provided indicates that the gains would be very small rendering it not worthwhile especially when faced with the choice of HBDM BTC_CQ to Bitstamp BTCUSD providing 0.02364388 BTC profit per 1 BTC as of this moment.
Disclaimer : We are not financial consultants and all financial transactions are the responsbility of the user, this information provided is only valid at the timestamp of 13th January 2020 04:00:37, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
Market Capitalization is an old principle that rules most trading platforms. It applies to cryptocurrency as well, as cryptocurrency is always looking for new ways and tools to enhance the performance of its users.