Hello and Namaste everyone
these days crypto market is going pretty well and now because the ether spot etf approval is done, it is expected that the prices are going to increase soon. There is a lot of positivity around in the market and this is good because news plays an important role in the crypto space. When there is more positive news floating around then we can see better price momentum in the market. For example now because there is positive news we have seen how Bitcoin reached 70k U.S. dollars price and it was just a matter of days. Etherium approval is another big news but looks like the spike is going to take some time to be visible in the market.
Artificial intelligence technology is evolving and the crypto market is getting integrated with this AI technology. Now even I am using AI technology for some school homework so you can imagine that gradually AI is becoming our part of life. AI is not just part of organizations it is doing great in the crypto market and I can see a lot of projects working on it to bring innovative solutions for repotating and many other things. Earlier it was used by companies but now most of us have started using artificial intelligence technology to get various tasks done and also to get trading done in the crypto market. This can do the analysis and let us know how the market has done based on the historical performance.
Many things are happening for traders through AI and trading is moving towards automation. I mean to say soon we will be able to trade in the market without doing much analysis and it will not require more effort from our end because the technology itself will do it all for us. I don't know how reliable will be in the beginning but surely over the period it will improve and make things better so gradually we will have confidence in this automated trade that will be created by AI technology.
Copy trading is already there in the market which I think is useful for many traders because they can follow some of the expert traders in the market. I have not tried it but I like the fundamentals on which this functionality works and with AI technology I hope that it will be even better since the exchanges are exploring the possibilities where they can integrate crypto with AI technology.
I'm not a trader but I am excited to see how the integration between Crypto and AI going to work and what improvement it brings for the Crypto people. I hope that it is going to be exciting and something innovative will be built but I have no idea what functions we are going to have because of this fantastic integration.
People call crypto a revolution and I agree that it is the same. I have been in Crypto for the last few years so I know that it is surely an opportunity and a revolution through which we can make money or we can build something that is going to be valuable for the next few years. But I'm not into the technology and I don't know what are the fundamentals of this technology so I am not able to comment on this. Though I'm not able to share my thoughts about it this is the reason why I look forward to seeing how this integration is going to work and how it will make crypto even better than what we have now. Are you also excited about the integration between Crypto and AI technology and what do you expect we are going to have in the crypto market because of AI?
Thank you so much
Stay Safe