The crypto sector is no stranger to million-dollar liquidations, as is the case currently. Despite this, the world’s favorite cryptocurrency, Bitcoin (BTC), is in what analysts term a ‘parabolic advance.’ Bitcoin’s (BTC) price crossed the $30,000 mark for the first time in almost two months.
Here’s the question: should you invest in Bitcoin (BTC)? While the price is heating up, it may be too late to ‘catch this train’ for newer investors. Fortunately, there is a project with plenty of time to get ‘on board’ and generate exquisite profits by the end of the year.
Bitcoin (BTC) Leaps Above $30,000 Amid Renewed Institutional Interest
Bitcoin (BTC) and the rest of the crypto market had a rough start in June after the SEC crackdown against two of the world’s largest exchanges. This event added to Bitcoin’s (BTC) weeks-long losing streak, dropping the price to a three-month low of $24,840.
Yet, in a few days, the market zipped past $30,000. This impetus was primarily led by the applications of BlackRock and other large financial institutions to have Bitcoin (BTC) exchange-traded funds. Moreover, Fidelity, Charles Schwab, and Citadel have joined forces to launch a crypto exchange.
So, Bitcoin’s (BTC) fresh upside has given investors hope. Credible Crypto has boldly claimed that Bitcoin (BTC) is likely to reach its $69,000 all-time by October.
Still, sentiment around Bitcoin (BTC) is mixed. Firstly, BlackRock’s application needs the green light. Also, the SEC legal case will drag on indefinitely, the outcome of which could be detrimental to the future listings of Bitcoin (BTC).
Where To Invest? VC Spectra (SPCT): The Next-Gen of Technology and Blockchain
VC Spectra (SPCT) is the latest decentralized hedge fund for those looking to invest in the blockchain and technology space. Whether you’re interested in investing in existing funds or individual projects, VC Spectra (SPCT) has the ingredients for maximizing your returns.
A team of skilled venture capitalists and investment professionals back the platform to evaluate the finest opportunities for VC Spectra’s (SPCT) users.
As a decentralized protocol, VC Spectra (SPCT) is trustless through its use of smart contracts that handle key operations. These include the distribution of dividends and the secure storage of investor funds.
Another differentiator of VC Spectra (SPCT) is its commitment to only back sustainability and social responsibility-focused ventures. Upholding ESG values is a long-running investing trend and a unique selling point for the business world.
The icing on the cake for VC Spectra (SPCT) is SPCT, its utility token offering a range of benefits. These include voting rights, quarterly dividends through buybacks, and exclusive pre-IOCs.
So, why VC Spectra (SPCT) over Bitcoin (BTC)? A key factor in reaping the greatest returns of any crypto investment is getting involved when a project is new and inexpensive. VC Spectra (SPCT) has both qualities.
While little known, it has shown the potential to become more popular. But, most importantly, SPCT costs $0.008 currently, a far cry from $30,000. This means investors can buy many of these tokens, which is impossible with Bitcoin (BTC).
Finally, based on projections, users could experience a 900% increase (to $0.08) in their holdings when VC Spectra (SPCT) launches.
Learn more about the VC Spectra presale here:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
