For some time now, cryptocurrency assets have shown a steady improvement. That said, you can still expect the price to fall. As a crypto investor, you will be targeting a price dip as a buying opportunity. Cryptocurrency price charts in Europe will guide you if you’re looking to trade on any of the exchanges in the European zone.
These price charts have every major trading pair and even crypto/fiat trading pairs as well. One such common trading pair in Europe is best portrayed in DASH to BTC chart.
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Following the Bitcoin price
The price of the Bitcoin (BTC) has rallied to a 2020 high of $18, 210.77. On the backdrop of this, the CME BTC future’s open interest rose to $1.16 billion, making it the largest bitcoin futures market in the world.
The strength of Bitcoin against the dollar has also made it an attractive trading partner. As a result, most altcoins are being paired with it on nearly all price charts as shown on the majority of European cryptocurrency exchanges. A strong uptrend indicates the BTC being bought based on a 20-day exponential moving average.
The current $18,210.77 might remain steady for a while, but if the price is to turn up, we could see the BTC/USD pair rallying up to $19,459.22.
This will have a significant impact on the price charts of crypto-to-crypto trading pairs. Let’s consider the DASH to BTC cryptocurrency trading pair in some detail.
What is Dash (DASH)?
Before we jump into the DASH to BTC price chart, let’s learn a thing or two about the Dash altcoin. For a start, the word is a truncated form of ‘digital’ ‘cash’. Dash broke off from Litecoin (another cryptocurrency), going on to be called Xcoin and Dark Coin before finally settling on Dash.
As an open-source crypto, Dash offers decentralized instant and private global cryptocurrency payments. These two features have seen it rival and even made it preferable to Bitcoin.
DASH coins in circulation
Depending on the allocation of 10% block rewards, the maximum number of Dash coins could be fewer or more than 18,921,005 in circulation. If the 10% is reserved, then 17,742,696 Dash coins will be in circulation. Nearly 45% of DASH coins are mined while another 45% are awarded to master nodes and 10 reserved for future proposals.
Dash provides a minimal transaction fee platform that enables you to trade with different pairs for maximum profits. Additionally, over 4,800 stores around the world accept DASH as a payment method.
Upon its launch, the DASH had a value of 0.23 Euros, and within three months, its value was tenfold. In 2017, the value of 1 DASH was 1,390 Euros, which is an all-time high.
The price of DASH fluctuates just like any other crypto, and since cryptocurrency exchanges don’t have closing hours, the DASH has no opening or closing price.
DASH to BTC Chart
The DASH/BTC has become a popular trading pair on international cryptocurrency exchanges. Crypto buyers and sellers’ demand and supply fundamentals determine the changes in cryptocurrency price charts in Europe.
Currently, the price of DASH as depicted on price charts is 0.0052BTC. This is a dip of 1.21%, which is primarily attributed to the current uptrend in the price of the BTC.
Cryptocurrency price charts in Europe also show the DASH fair price against the dollar. Its value is $102.93 compared to $18,210.77 that of the BTC.
You can check out DASH to BTC price charts on most crypto exchange platforms. They offer all the latest information regarding cryptocurrency prices.
Understanding the market prices of your favorite cryptocurrencies will help you make informed trading decisions. Check out the live crypto price charts for the latest asset prices and trade on pairs that are performing better than others such as DASH and Bitcoin.