Of late, the majority of cryptocurrencies have been lurking amid the spark of bearish pressure, pricing disparities at the different exchanges offer luring arbitrage opportunities to exploit. As the potential yields may vary from exchange to exchange, Bitcoin and its peer group and counterparts have tumbled off dramatically.
Well, on the eve of New Year, the triangular trading options could fetch us a handsome sum of returns, the following instances would bring-in the such opportunities owing to the pricing differences.
BTCUSD at Bitfinex and BTCUSD at Bittrex:
Please be noted that the BTC pricing against dollar at the same two different exchanges, BTCUSD at Bitfinex and BTCUSD at Bittrex. There exists a disparity in their respective prices $3882 at Bitfinex and $3748 at Bittrex. Thereby, buying Bitcoin on the Bittrex exchange with USD and transferring the bitcoin and converting it back into USD on Bitfinex likely to derive a profit of just over 3.57%.
XRPUSD at Bitfinex and XRPUSD at Bittrex:
As you could observe the XRP pricing against dollar at two different exchanges, namely, XRPUSD at Bitfinex and XRPUSD at Bittrex. Please be noted that the existence of a disparity in their respective prices 0.36708 at Bitfinex and 0.3550 at Bittrex. Thereby, buying XRP on the Bittrex exchange with USD and transferring the same and translating it back into USD on Bitfinex allows us to derive considerable returns, Likewise, ETH also renders the similar results.
Same has been the case with ETHUSD at Bitfinex and ETHUSD at Bittrex:
ETHUSD on Bitfinex and ETHUSD on Bittrex is at $140 and $133 respectively. Thus, procuring Ethereum on the Bittrex exchange using USD and transferring the same and converting it back to USD on Bitfinex would lead to a profit of just over 4.10%.
Currency Strength Index: FxWirePro's hourly BTC spot index is inching towards -35 levels (which is mildly bearish), while articulating (at 13:03 GMT).
For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex


Global Markets React to Strong U.S. Jobs Data and Rising Yields
BTC Flat at $89,300 Despite $1.02B ETF Exodus — Buy the Dip Toward $107K?
Energy Sector Outlook 2025: AI's Role and Market Dynamics
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data
Urban studies: Doing research when every city is different
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift?
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 



