Bitcoin fell back in value immediately after it closed the weekend’s CME futures gap around the $26,500 price range. Data gathered by TradingView showcased that Bitcoin is still avoiding a high level of volatility. The XRP price has showcased an uptick and might even rally further as the situation evolves with the Hinman documents, and Tradecurve reached a major milestone with 10,000 registered users.
Summary:
- Bitcoin has stagnated in value and rejected the CPI boost
- XRP rallied by 18.3% in the last 30 days.
- Tradecurve to spike by 20% at the start of its Stage 4 presale.
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Bitcoin’s Current Price
The Bitcoin cryptocurrency saw a spike towards $26,500 on the back of the United States Consumer Price Index (CPI) print as it came below expectations. Crypto markets remained cautious, and the market did not experience a significant shift in growth. The Trading firm QCP Capital believed that “consensus has it right” surrounding the aspect of the Fed would not raise rates further, at least this time.
“Based on high-frequency indicators, US inflation is falling rapidly, which will enable the FOMC to make this week’s meeting their first pause in more than a year,” they wrote during a market update. The Founder and CEO of the trading firm Eight, Michaël van de Poppe, flagged $25,000 as a potential downside entry point.
As of June 14, 2023, Bitcoin traded at a value of $25,983.46. During the last week, the cryptocurrency saw its low point at $25,576.91, with its high point at $26,753.64. During the last 24 hours, Bitcoin increased by 0.9%, but in the last 30 days, it has been down 5.1%. Aside from Bitcoin, investors are eyeing XRP.
XRP Rallies in Value
XRP experienced a growth in its value during the last 30 days, where it spiked by 18.3%. As of June 14, 2023, XPR trades at $0.504699. During the last week, XRP saw its low point at $0.486993, with the high point at $0.558968.
During the last 24 hours, XRP did see a decline of 1.5%, but analysts predict that it will rally in its value even further. Optimism surrounding the SEC lawsuit after the release of the Hinman documents has fueled its growth, and the widespread adoption of crypto can bring its value forward even further. Aside from XRP, investors are also eyeing Tradecurve.
Tradecurve Achieves Major Milestone of 10,000 Registered Users and Stage 3 Presale Almost Complete
Tradecurve reached a major milestone on June 12, 2023, when 10,000 users registered for the exchange. This momentum, coupled with the major success seen with its presale so far, has led many investors to see the bullish momentum behind the project.
During Stage 3, 72,232,801 tokens have already been sold at $0.015 out of the maximum amount of 75,000,000, indicating that the presale is already 96.31% complete. Furthermore, during Stage 4, the value of TCRV will reach $0.018, indicating that an increase of 20% is coming.
But that’s not where the growth ends, as analysts predict a 100x climb in value for the TCRV token. This is due to Tradecurve’s privacy-centric approach, where anyone can sign up, deposit crypto, and make trades in both crypto and derivatives without KYC completion.
Anyone can access advanced features like AI-driven trading bots, negative balance protection, and a dedicated Trading Academy and can transparently see the exchange’s authenticity as Proof of Reserves (PoR) is implemented. TCRV is also planned to get listed on the Tier-1 exchange and on Uniswap at launch, further bolstering its bullish outlook.
