Join our Telegram channel to stay up to date on breaking news coverage
The price of bitcoin has plummeted 2.52% in the last 24 hours bitcoin/”>trading at $41,361 starting at 7:25 am Are we traditional?ng volume that increased 32% to $27 billion.
The btc price drop comes as BlackRock takes the lead on the Robinhood platform in terms of popularity of spot bitcoin ETFs.
According to recent data, BlackRock's bitcoin spot ETF has ranked as the most popular among the 11 new funds available on Robinhood in terms of volume, closely followed by Grayscale.
Excited about the news about the bitcoin ETF? All 11 are now available on Robinhood: https://t.co/hDdECIUz70
And when you transfer your brokerage account to Robinhood, you get a 1% bonus: https://t.co/2mExIfm5T9. Terms apply. pic.twitter.com/bZ6TbAzNhN
— Robinhood (@RobinhoodApp) January 12, 2024
According to Robinhood chief brokerage officer Steve Quirk, most of the exchange's clients are intentionally selling a portion of their existing portfolio to buy spot bitcoin ETFs.
bitcoin price seeks bullish rally
bitcoin price has seen a slight decline as the bears break above the $41,582 rejection zone. bitcoin value is going through a critical juncture, hovering around its support level of $40,850.
It is also trading slightly below the 50-day simple moving average (SMA) at the lower boundary of the ascending channel.
However, bitcoin price has maintained its momentum, trading above the 200-day SMA, which could be a positive sign of a possible rebound, with its moving average (MA) crossing $28,500, a confirmation of bullish momentum. .
The Relative Strength Index (RSI) is also in a downtrend, trading below the mid-50 level at 42, indicating intense selling pressure.
btc price is in a downward trend. However, if the bulls can withstand the pressure and find support at the $40,850 level, there is a possibility of a bullish rally.
If the current support level is broken, the price may see a fresh decline, with support likely at $36,392.
This bearish trend scenario opens an opportunity for investors to add more btc to their portfolios. But investors who want higher returns are buying bitcoin Minetrix. Its token, BTCMTX, offers a great opportunity to diversify your portfolio.
bitcoin Minetrix Surpasses $8.8 Million, Heading to $9.5 Million Soft Limit
bitcoin Minetrix (BTCMTX) The successful pre-sale is approaching its soft limit of $9.5 million, having already secured over $8.8 million in investments.
#BitcoinMinetrix achieves yet another milestone, raising over $8,800,000! pic.twitter.com/eHGCvK020O
—Bitcoinminetrix (@bitcoinminetrix) January 19, 2024
Currently, you can buy BTCMTX at a reduced price of $0.0129 per token before the price increases in less than 20 hours. This is still below the price of bitcoin when it was launched.
bitcoin Minetrix is a cloud mining platform that provides an easy-to-use method for market participants to earn rewards by participating in decentralized bitcoin (btc) mining.
The platform enables this process through the mining staking feature, which gives users full control of their mining activities without the need to have the necessary experience.
The platform also eliminates the need to make an initial investment in platforms and hardware. This gives users a perfect way to do cloud mining.
#BitcoinMinetrix is a cutting-edge cloud mining platform that allows users to engage in decentralized operations $btc mining.
By eradicating the risks associated with third-party cloud mining scams, it provides users with full control over their mining activities. pic.twitter.com/MWZnuafYih
—Bitcoinminetrix (@bitcoinminetrix) January 18, 2024
To mine on the BTCMTX platform, you must have an ethereum compatible wallet like MetaMask to purchase and stake BTCMTX tokens.
Join the pre-sale now and get a chance to win $3000
Since the start of pre-sales, the platform has had a $30,000 Mine Throwing Airdrop Contestwhere ten people will be declared winners, and each person will take home a prize of $3,000.
You could be among the ten lucky winners of the reward. All you need to do is participate in the current pre-sale by purchasing BTCMTX tokens.
Another way to make money with the platform is through its lucrative bet-to-win mechanism. At the moment, the project offers a generous annual percentage yield (APY) of 74%. There are already more than 560 million BTCMTX tokens staked.
CryptoNews, a popular crypto YouTube channel, has featured bitcoin Minetrix in one of its latest videos. Host Ari explains why, in the current alternate season, BTCMTX may see an exponential rise.
To join the ongoing pre-sale, visit the BTCMTX official website, connect your digital wallet and exchange your eth or USDT for BTCMTX tokens. You can also buy directly with your bank card.
Related news
- Audited by Coinsult
- Secure and decentralized cloud mining
- Earn free bitcoin daily
- Native Token on Pre-Sale Now – BTCMTX
- Staking Rewards: Over 100% APY
Join our Telegram channel to stay up to date on breaking news coverage
