Unbreakable Sell Wall at $100K as BTC Price Slumps, Traders Switch to HBAR and DTX Exchange for Christmas Gains
The crypto market continues its bull cycle despite BTC‘s price consolidating in a wide range of $91,000-$99,000 over the past 7 days. Among the top coins, Hedera Hashgraph (HBAR) stands out with its 50% gain in the last 24 hours. Meanwhile, Hedera surged 166% in the past week, making its run one of the best since November.
Investors invested $6.87 billion in November in the Spot Bitcoin ETF as the BTC price rose 39% to $99,000 for the first time. As markets continued to rise, BTC prices stayed under the $96,000 price range as traders consolidated their positions.
Among the upcoming ICOs, DTX Exchange (DTX) is getting noticed due to its high utility offering and the market response to its pre-sales activities. The altcoin has raised $9.3 million in Stage 6, giving early investors a 100% return on their funds.
Spot Bitcoin ETF Charge Ahead as BTC Price Stalls Before Take-off over $100K
Spot Bitcoin exchange-traded funds rose by billions of dollars as high BTC prices supported the market bull run. Institutional and private investors poured billions of dollars into spot Bitcoin ETFs brought in the last week of November following an interest rate cut by the Fed.
Source: CoinMarketCap
Spot Bitcoin ETFs have experienced straight inflows for several days as markets prepare for the upcoming rally. However, BTC’s price seems coy and has stopped shy of the landmark $100K price several times, raising fears of an extended wait time for investors.
Hedera Hashgraph (HBAR) Investors Delighted with 721% Growth
Hedera Hashgraph (HBAR) is a sustainable, enterprise-grade public network for the decentralized economy that permits individuals and businesses to create powerful decentralized applications (DApps) on its network. It is designed to be a fair and more efficient system that addresses some of the limitations that older blockchain-based platforms face, like slow performance and instability.
Source: CoinMarketCap
Hedera investors had a dream run with their altcoin, which rewarded them with a sustained 721% rally for the month. What is amazing is that the BTC price stumble in late November did not affect HBAR’s progress to the top. The seven-day charts show gains of 164%, while daily charts show a 45% gain.
Multi-Utility DTX Exchange (DTX) Closes Pre-Sales with 80% Gains
As the crypto markets continue to explode, investors are looking for coins that will earn high returns on their investments. Among the available options, DTX Exchange (DTX) is dominating the list of cryptos to add to any portfolio despite being in its presale stage.
The DTX Exchange network is supported by a hybrid blockchain, VulcanX, which has a proprietary design for maintaining the DTX platform’s operation. It is also supported by the Phoenix Wallet, which enables direct transactions, eliminating the need to register for KYC and allowing the underbanked population to invest freely through the platform.
The best part of using DTX Exchange is that some of the assets offered have up to 1000x leverage options linked, and there are nearly 120,000 asset classes. The possibility of success will increase as more users will enjoy access to better market positions.
Conclusion
Hedera Hashgraph (HBAR) and BTC prices may continue to surprise the cryptocurrency market, but DTX Exchange is the clear pick in new launches. With its trailblazing trading capability of real-world assets, DTX Exchange is ready to launch into a trillion-dollar market.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
