Young, high-earning, digitally savvy: Always-on investors are changing markets
In this news:
Not so long ago, investing had a rhythm. Markets opened at 9.30am, closed at 4pm, and whatever happened in between was tomorrow’s problem. So what’s changed the rhythm of investing? A big part of the answer lies in cryptocurrency.
Since Bitcoin’s creation in 2009, crypto has traded around the clock. There is no opening bell, no after-hours pause, and access is available from anywhere at any hour. At the same time, a younger generation of Australians has grown up expecting instant access to almost everything: messaging, streaming, shopping, banking. It was only a matter of time before they expected the same from investing.
This combination of always-open markets and digitally native investors has given rise to a new kind of participant: the always-on investor.
On the CMC Invest platform, Bitcoin is currently the seventh most-traded instrument when ETFs are excluded, overtaking NVIDIA, CBA and TSLA (Tesla). Once considered a fringe trend, crypto is now helping redefine the shape of Australian retail investing.
Share the article:
Trending News & Crypto World
.png)
Latest Crypto News
Top Trending Cryptocurrencies on The Market
Current Price
$14.170
Market Cap
$250.1M -0.54%
24h Volume
$1.0M
Supplies
17.6M / 21.0M
Current Price
$0.9999
Market Cap
$249.9M -0.07%
24h Volume
$131.6M
Supplies
5.0B / ∞
Current Price
$0.00004497
Market Cap
$248.4M 1.09%
24h Volume
$6.3M
Supplies
6.4T / ∞
Current Price
$0.02247
Market Cap
$246.0M 2.62%
24h Volume
$8.0M
Supplies
11.6B / ∞
Current Price
$0.9650
Market Cap
$241.2M -1.31%
24h Volume
$3.6M
Supplies
1.0B / 1.0B
Current Price
$1.026
Market Cap
$236.2M 0.01%
24h Volume
-
Supplies
230.4M / ∞
Current Price
$0.000000234
Market Cap
$231.7M -0.55%
24h Volume
$4.2M
Supplies
990.1T / 1000.0T
Current Price
$3.499
Market Cap
$230.3M 3.48%
24h Volume
$12.4M
Supplies
65.7M / 66.0M
Current Price
$0.4318
Market Cap
$230.2M 0.40%
24h Volume
$32.3M
Supplies
1.0B / ∞
Current Price
$0.4672
Market Cap
$230.0M -0.66%
24h Volume
$1.7M
Supplies
919.3M / 1.0B
Current Price
$0.03972
Market Cap
$229.4M -6.16%
24h Volume
$25.6M
Supplies
10.0B / 10.0B
Current Price
$0.03538
Market Cap
$227.4M 2.73%
24h Volume
$15.4M
Supplies
6.4B / ∞