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bitcoin has performed well again in the last 7 days. This is surprising, because in recent weeks it looked like a deep correction was going to happen. Fortunately, there was a lot of positive news from the United States this week, which revived confidence in the price of bitcoin. As a result, bitcoin is back above $100,000 and it is interesting to see what will happen in the coming days.
Favorable inflation in the United States
Favorable US inflation figures have been one of the reasons why bitcoin is rising in recent weeks. The cryptocurrency and stock market has been concerned about this for a long time, and the economic news that emerged in December and January was mixed.
Mixed news is generally a bad sign, because it means that the US central bank has to keep interest rates high. Higher interest rates are generally bad for the cryptocurrency market because less borrowed money flows into the market.
Fortunately, in January things don't seem to be so bad again. The Consumer Price Index figures were published on Monday. These CPI figures are the most important indicator of inflation in the United States. Analysts expected inflation to reach 3% compared to a year ago. However, the actual figure was 2.9%. This figure is still higher than the desired 2%, but more positive than the estimated 3%.
As inflation figures are favorable, the chances of interest rate cuts increase. The market responded positively to this and that meant a change in the price of bitcoin this week.
Trump Inauguration Sends bitcoin Up
Furthermore, Trump's inauguration has been a topic of discussion for a few weeks. As we all know, Trump is very pro-crypto and traders estimate that his term will be good for the cryptocurrency market. Positive crypto news emerged again yesterday. For example, Trump announced that he was open to creating a national bitcoin reserve. He also wants to make cryptocurrencies a national priority and relax regulations for banks, making it easier for them to include bitcoin on their balance sheets. All of this has caused bitcoin to rise.
Presales that will benefit if bitcoin rises
Now that market conditions are starting to improve again, it's time to see how you too can benefit from a bitcoin bull run this year. After all, when bitcoin goes up, so do other altcoins. To ensure you find the best deals in this busy cryptocurrency market, it is essential to look for cryptocurrency pre-sales.
Presales are times when promising coins are released to the market for the first time at an extremely low price. For example, ethereum and Solana have had pre-sales in the past that raised between $18 and $25 million. Traders who entered made profits of tens of thousands of percent.
Pepe Wall Street
If you thought the aforementioned ethereum and Solana pre-sales had done well in the past, then you haven't seen the ones from Wall Street Pepe yet. The counter for this cryptocurrency pre-sale has exceeded $50 million! Many traders have spoken positively about the community behind this coin and the developers who make it possible.
The developers of $WEPE hate crypto whales and insiders. These major crypto players, in the eyes of developers, are ruining the market for smaller traders. That's precisely why they want to make sure their community makes a lot of money from smaller merchants.
This way, when you buy $WEPE, you get access to this exclusive community. In this community, developers share the latest information about the project only with you. This way you can make better, faster decisions before the rest of the market finds out. The result is that your profits skyrocket!
In addition, of course, you will also meet many other successful traders here with whom you can exchange ideas and get even richer together. Given the great success of this pre-sale, it is probably a matter of time before the stock intended for pre-sale runs out. So be quick!
Now to Wall Street Pepe
solaxy
In a world dominated by meme coins, it's great to see that there are also projects with real utility. Solaxy is certainly one of those projects! This is because Solaxy is a layer 2 solution for the immensely popular Solana blockchain. For those traders who don't know: Solana was the fastest growing blockchain last year. As many as 7,600 projects were added, including many DeFi applications.
This is surprising, because DeFi applications in particular struggle with Solana. For example, Solana is fast and cheap, but suffers from failed transactions and network congestion. This makes the network reliability for DeFi applications low.
This is exactly why Solaxy is such a great innovation! With Solaxy, DeFi developers have a network that is fast and affordable, and does not suffer from failed transactions or network congestion. This is because Solaxy also uses the liquidity of the ethereum network. Therefore, it will only be a matter of time before this network becomes popular among this target group. This will result in a huge price increase for the platform's native token, $SOLX. Naturally, as a smart trader you can now take advantage of this by participating in this pre-sale!
Now to Solax
Best wallet
We certainly shouldn't forget the Best Wallet pre-sale. The unique thing about this cryptocurrency pre-sale is that Best Wallet is a proven concept. This crypto wallet already has more than one hundred thousand users on iOS and Android. The result is that there is already a huge market for $BEST pre-sale. That is also why the counter has already exceeded 7 million dollars.
But what makes the $BEST pre-sale so interesting? Because users of this platform with $BEST in their wallet have several advantages. For example, your transaction costs will be subsequently charged on the decentralized exchange and debit card that are also linked to this platform.
Plus, with this currency you get access to exclusive pre-sales that you won't find anywhere else. So the result is that fast traders need this coin to buy the latest presales. Both the lower costs and the possibility of performing better operations make this an interesting investment for users.
Now to the best wallet