PIP

#Pip


A pip (Percentage in Point) is a unit of measurement in trading, representing a small price movement in a financial instrument, such as currencies, commodities, or indices.

What is a pip in forex?
In forex trading, a pip is typically equal to 0.0001 of the base currency, except for the Japanese yen (JPY), where it's 0.01.

Examples of pip values
- 1 pip for EUR/USD = 0.0001
- 1 pip for USD/JPY = 0.01
- 1 pip for GBP/USD = 0.0001

How to calculate pip value
To calculate the pip value, you need to know the exchange rate and the lot size.

*Formula*
Pip value = (1 pip / exchange rate) * lot size

*Example*
- Exchange rate: EUR/USD = 1.1000
- Lot size: 10,000 units
- Pip value = (0.0001 / 1.1000) * 10,000 = $0.91

Importance of pips in trading
Understanding pips is crucial in trading, as it helps you:

1. *Measure price movements*: Pips help you quantify price changes, making it easier to analyze market fluctuations.
2. *Set stop-losses and take-profits*: Pips enable you to set precise price levels for stop-losses and take-profits, managing your risk and potential profits.
3. *Calculate profits and losses*: Pips facilitate the calculation of profits and losses, allowing you to evaluate your trading performance.

In summary, pips are a fundamental concept in trading, enabling you to measure price movements, set risk management levels, and calculate profits and losses.

Crypto Market Update: April 12, 2025
The global crypto market cap is valued at $2.65 trillion, marking a 2.07% increase over the last day. Bitcoin (BTC) has been trading between $81,341 and $84,300 over the past 24 hours, with a current price of $83,458, representing a 1.70% increase.

Market Overview
Most major cryptocurrencies are trading higher, with notable outperformers including:
BABY : up by 86%
GUN : up by 37%
VIRTUAL : up by 33%

Top Stories
1. Bitcoin Whale Addresses Surge: Following Trump's tariff pause, there's been a significant surge in Bitcoin whale addresses, marking the largest daily spike since February.
2. U.S. Recession Odds: Polymarket predicts a 60% chance of a U.S. recession in 2025, amid mounting economic fears.
3. *Grayscale Bitcoin ETFs*: Grayscale Bitcoin Covered Call and Yield ETFs have surpassed $4.5 million in assets under management (AUM), setting a new record.
4. U.S. Inflation Expectations: The U.S. April inflation rate expectations have risen to 6.7%.

Market Movers
ETH : $1593.63 (+2.15%)
XRP : $2.0653 (+2.51%)
BNB : $590.41 (+1.52%)
SOL : $124.48 (+5.77%)
DOGE : $0.16262 (+3.00%)
ADA : $0.6316 (+0.21%)
TRX : $0.2494 (+5.01%)
WBTC : $83444.55 (+1.64%)
TRUMP : $8.19 (+1.74%)
LINK : $12.73 (+2.09%) #PIP #BTC #ETH #DOGE #ETF

$PIP 2x
#Pip

📈Marketcap: $95,124.07

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