$51K Bitcoin price not a problem

On March 25, Crypto Signals | concerns surrounding the record-breaking $6.1 billion (BTC) options expiry this Friday sparked an overnight sell-off that dropped Bitcoin price to $50,400.

The downturn was not a surprise for many traders and some called for a possible test of the $47,000 support level.

$51K Bitcoin price not a problem

New research from US crypto exchange Xcoins suggests gold investors are pretty evenly split between men and women, but men dominate the ranks of crypto investors by a significant margin.

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Despite the growing interest from women, Xcoins’ research highlights that there is still a major gender diversity issue in crypto which requires more action.

Rob Frye, CEO of Xcoins, commented on the exchanges’ findings in which he emphasized the importance of bringing more women into crypto, noting that Bitcoin’s mainstream adoption is dependent on their participation:

“If Bitcoin is to succeed in the mainstream then it needs support from all demographics. No-one is stopping women from entering or investing in the crypto space, but little is being done to encourage them either.”

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