Bitcoin can be purchased through a digital marketplace, through which you can fund your account with your currency of choice, and place an order on the open market. Bank transfers are the most popular mode of payment. Today’s bitcoin spot market is “significantly smaller and significantly more efficient” than is generally perceived, argues Bitwise Asset Management. Omkar Godbole Bitcoin Breaks Above $10, in Spot Market For the first time in three months, bitcoin’s price is being quoted in five digits to the left of the decimal. The top cryptocurrency.
Spot market bitcoinBitcoin Breaks Above $10, in Spot Market - CoinDesk
This vestigial anchoring is made worse by the poor quality of data that permeates large parts of the bitcoin ecosystem, which can create the perception that the market remains inefficient, chaotic and issue-prone.
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