Bitcoin (BTC) is trading near its all time high of $73,794, just 8% below from the all time high. On Wednesday, the Federal Reserve decided to keep its main interest rate the same and indicated that it anticipates making just one rate cut before the year ends. Anticipations are that rate cuts will help the market move higher as more investments will occur after rate cuts.
Bitcoin (BTC) can break its all time high anytime soon, and we can see a new leg in the crypto market. However, Bitcoin is already a blue-chip crypto, so expectations can’t be of an exponential move. Early investors of BTC are behind the new potentials: DTX Exchange and PEPE.
According to these investors, DTX Exchange and PEPE hold much more potential than Bitcoin (BTC) as they are set to become industry leaders.
Good News For Bitcoin (BTC) and The Whole Crypto Community
It is good news for Bitcoin (BTC) holders and, generally speaking, for the whole crypto community that Itaú Unibanco, the largest bank in Brazil and Latin America, now offers crypto trading to all its customers through Ion, its proprietary investment platform. Initially, this service, which allowed users to buy Bitcoin (BTC) and Ether (ETH), was limited to a select group when it launched in December.
Over time, Itaú expanded access by monitoring customer response and acceptance on the Ion platform. Guto Antunes, head of Itaú Digital Assets, noted that the uptake was positive, with many customers showing trust in Itaú’s cryptocurrency management.
Currently, the platform only trades in Bitcoin (BTC) and Ether (ETH), though there are plans to include more cryptos. As a regulated bank, Itaú awaits further guidelines from Brazil’s central bank on how to handle stablecoins before adding them to the Ion platform.
Can PEPE Coin Explode After Rate Cut?
PEPE coin, known for being highly memeable, is an ERC token on the Ethereum blockchain. Launched recently, it is showing great bullish strength. After the launch price of $0.000001, it is currently trading at $0.0000012, an increase of over 1000%. If Fed cuts the rate, more inflow can be seen in PEPE.
After breaking out from the major resistance zone of $0.000001099, PEPE is retracing slightly. Price is taking good support from its 50-day moving average and the same level it broke out from a few days ago.
PEPE is in a bullish trend and Bitcoin (BTC) is the market leader; more inflow has been seen in the new entrant DTX Exchange.
DTX Leading The Race of Top Altcoin in 2024
Because of its rich features, DTX Exchange is quickly becoming a favorite of crypto enthusiasts more than Bitcoin (BTC) and PEPE. It offers an incredible 120,000 trading options and a high leverage of up to 1000x, potentially allowing significant profits with a small amount of capital.
The platform also combines the best aspects of centralized and decentralized systems, which means it enhances user privacy and doesn’t require customers to go through a KYC process.
DTX Exchange grew stronger after successfully raising $2 million in a private seed funding round. It’s leading the pack in the exchange industry and is seeing a lot of interest from investors, carrying cutting-edge features and the possibility of earning up to a 2,200% return on investment. The project has already reached over $700,000 in the second stage of its presale, underscoring its increasing popularity.
DTX Undervalued in 2nd Stage of Presale
The DTX token is priced at $0.04 in the second stage, which is highly undervalued because the launch price itself is $0.12. Before the launch, the money invested was already 300%. Investors all over the crypto community are looking for new potential, and the DTX Exchange is topping the list.
Learn more:
Visit DTX Presale
Read Whitepaper
Join The DTX Community
Read Also: Proof of Play Launches $PIRATE Token, Rewarding Loyal Community Members
