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The crypto community was upbeat this Tuesday when the Bitcoin price appeared to be headed for new highs. However, as of today, the top cryptocurrency has suffered a crash below $70,000, indicating huge selling pressure. Amid the Bitcoin price slump, ETFSwap (ETFS) continues to aim for the top spot. As such, BTC Whales are showing significant interest in this DeFi token for 100x gains in 3 weeks.
Bitcoin Price Dips Below $70,000 After Failing to Retest Previous All-time High
Bitcoin (BTC) gained significant traction earlier this week, inching closer to its previous all-time high of $73,737 set earlier this year. The top cryptocurrency traded above the $73,700 mark, with many crypto enthusiasts already predicting a new ATH. The Bitcoin price surge was attributed to factors such as the inflow of institutional funds into spot Bitcoin ETFs.
However, the gains made by Bitcoin (BTC) were erased when the chief crypto crashed after failing to set a record high. Right now, the Bitcoin price is hovering around $69,000 after a 4.4% decline in the last 24 hours. Analysts think the recent price slump could be because long-term holders are closing their positions to capitalize on the notable height reached by Bitcoin (BTC).
Crypto analysts anticipate Bitcoin price will retrace further between the $66,000 to $65,000 range before a major upward swing. Others believe the coming US presidential election also contributed to the dip. However, many fans hold on to the hope of the Bitcoin price setting a new ATH before the year ends. Amid this market uncertainty, BTC Whales are moving to a particular DeFi token as it promises 100x gains in 3 weeks.
ETFSwap (ETFS) Maintains Momentum Ahead of Launch, Investors Eye 100x Returns in 3 Weeks
Amid the broader crypto market uncertainty, crypto enthusiasts are showing increasing interest in ETFSwap (ETFS) due to its promising prospects. This DeFi token is a viable option for investors looking for a high-rewarding project to bet on. For instance, experts believe ETFSwap (ETFS) will make a 100x surge in three weeks, which is why Whale investors are buying the DeFi token.
ETFSwap (ETFS) is an innovative project that seamlessly integrates traditional finance with decentralized finance through asset tokenization. The platform allows investors to trade and swap tokenized ETFs representing traditional ETFs on the blockchain. Therefore, traders get exposure to a dynamic trading environment and access to various asset classes to increase earnings.
The platform allows investors to enjoy ETF staking with an outstanding 87% APY, 50x margin trading, and 24/7 market coverage. Likewise, ETFSwap will support the live tracking of ETF prices through its ETF price tracker and filter. Investors will also get to explore exclusive trading tools, especially as the platform has launched its beta version on testnet.
ETFSwap (ETFS) will revolutionize ETF trading for its novelty and specially designed features. The network provides access to popular ETFs and liquidity pools. Thus, investors can create a balanced portfolio to increase potential earnings and limit risk exposure. Thanks to the innovation of DeFi, the network also supports permissionless trading, meaning you do not have to undergo KYC registration to onboard. ETFSwap also completed a comprehensive KYC verification by SolidProof and a smart contract audit by Cyberscope to ensure the safety of traders’ portfolios.
The bonus round of the ETFSwap (ETFS) presale is underway and the ETFS token is available for $0.05769, having raised nearly $7 million. So, buying the DeFi token now is a profitable investment as experts are optimistic that the altcoin will reach new heights upon launch. Investing now means traders stand to gain more profits when the DeFi token makes the predicted 100x move in 3 weeks.
Conclusion
Unsurprisingly, BTC Whales want a part in this DeFi token, especially as the Bitcoin price struggles to attain new highs. Experts have said that ETFSwap (ETFS) has the potential to outperform other cryptos. Invest now and enjoy 100x returns in 3 weeks!
For more information about the ETFS Presale:
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