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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next
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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next

$BTC Smashes $72K ATH; $GFOX Headed for $5 Million Target

Bitcoinist
by Bitcoinist
1 year ago
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin ($BTC) is reminding the world of how fast it can move when it wants to, and the starting pistol of the true bull market has officially been fired. $BTC smashes $72K ATH, and anybody who has studied prior cycles knows that Bitcoin really starts moving in the weeks following the breakthrough.

Ethereum ($ETH) is enjoying an ETF-driven rally, and everything has come together perfectly for an enormous altcoin cycle. When liquidity spills over, altcoins will begin to move vertically overnight, and they are the top cryptos to buy right now. Galaxy Fox ($GFOX) is headed for a $5 million target, and with its retail launch around the corner, 100X forecasts are already rolling in thick and fast.

Bitcoin ($BTC) Smashes $72,000 ATH

Bitcoin has overshadowed the rest of the top ten cryptocurrencies and has been in an enormous uptrend since September last year. The Spot ETF has changed the structure of $BTC markets; every day, there are millions and millions of inflows. Unlocking $BTC exposure via standard brokerage accounts has introduced TradFi capital and a more long-term market participant.

Demand has continued to outstrip supply significantly, and some estimates record that ETFs alone are buying up 10X the volume of $BTC miners are producing each day. With one month left until the halving, this supply dynamic will grow increasingly acute, adding more fuel to the fire. TradFi demand for $BTC continues to skyrocket. Larry Fink promoting Bitcoin on national television as a great long-term store of value has cemented its place in TradFi. And this cycle, $BTC’s path to trading above six figures is already pre-ordained.

Galaxy Fox ($GFOX) Headed For $5 Million Target

Galaxy Fox is headed for a $5 million target after shattering $4.5 million. Still undervalued in its presale and with an altcoin season around the corner, $GFOX is easily among the top cryptos to buy right now. Delivering a blend between play-to-earn and meme has been overwhelmingly popular and now investors get entertainment, high-octane upside, and earning opportunities all wrapped in a single token.

$GFOX’s unique tokenomics model has driven early participation, especially among smart money. Staking rewards allow users to earn, and the correlation between ecosystem activity and development and payouts transfigures these stakers into stakeholders. Using a taxation system means no inflationary emissions, and the token burn creates a mechanic where these stakers earn native yield on a fully deflationary asset. The Web3 runner game opens a new earning angle, paying out prizes to the top 20% of the leaderboard at the end of each season.

Galaxy Fox is already labeled one of the best cryptocurrencies to buy this quarter. Judging its presale funding success, $GFOX is set to enjoy one of 2024’s most explosive price discovery rounds. This presale is rapidly closing, and with 95% of tokens allocated, anybody who wants to join will have to move fast.

Closing Thoughts: Altcoin Season Loading

Bitcoin has led markets, and breaking into ATH is unbelievably bullish. But the meat of the move has already happened, and the top cryptos to buy right now are altcoins. Small caps like Galaxy Fox present a quasi-absurd ROI potential in the coming weeks/ months.

Joining the $GFOX presale today is a fast track to securing massive gains in this bull market, and buying before altcoin season begins is the smart move.

Learn more about $GFOX here:

Visit Galaxy Fox Presale | Join the Community

 

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.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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