Also known as the \u2018greenback\u2019, the US dollar is the greatest reserve held currency in the world. The USD is also the denominator for major commodities such as gold, silver and crude oil in the global markets. As the official currency of the United States, also the world\u2019s largest economy, the USD is the most stable and liquid currency in the world that has rightly earned the title \u2018king of currencies\u2019. But after the 2017 rally, BTC then began a retracement and remained trapped below $10,000 for most of 2018 and 2019. There was cooling interest in cryptocurrencies in general, with traditional investments, such as stocks, proving to be more lucrative and safer as well. The year 2017 looked like a bubble, and the characteristic of cryptocurrencies as stores of value seemed to be largely an illusion. But 2020 changed the fortunes of cryptocurrencies yet again. At AvaTrade, you can trade the most popular Bitcoin pair in a safe environment with low margin requirements, competitive spreads, and zero fees, all on an intuitive and robust trading platform.<\/p>\n