Bitcoin’s price has rebounded after dipping to lows of $103K. With a price of $107K, Bitcoin has sparked a market recovery that has trickled down to meme coins.
Dogecoin, in particular, has registered quite the comeback, with DOGE’s price entering the green zone on its year-to-date chart. Apart from DOGE’s price and Bitcoin’s price rebound, an emerging PayFi token is gaining traction.
Remittix's RTX has seen its presale raise over $15.8 million, making it one of the top PayFi tokens on Ethereum's ecosystem. Analysts predict a 3,000% uptick for RTX at launch.
Bitcoin’s price has sustained a rebound, with its price now above $107K after a dip that saw it drop below $100K, albeit briefly. More shake-ups are on the way, with reports of plans by United States President Donald Trump to replace Fed Chair Jerome Powell.
Should Powell be pushed out, Trump would most likely replace him with someone who is open to cutting interest rates further. Talks of a return to "easy money" have sparked excitement not only on Bitcoin’s price but also at the Dow Jones, which climbed 300 points.
Now that Bitcoin’s price has established support above the $100K price mark, a clear chance for a second leg up is possible. Could this make BTC surpass its previous ATH? Well, top analysts agree, as seen by their bullish forecasts that set Bitcoin price targets above $200K by the year’s end.
Technically, Bitcoin’s price is forming a textbook cup-and-handle pattern on its annual timeframe. This is a bullish continuation pattern from which Bitcoin’s price could break out soon.
The meme coin frenzy that saw most onlookers anticipate a DOGE price uptick to $1 has somewhat died down.
While DOGE’s price has sustained an uptick of 31% on its year-to-date chart, its price in the last 30 days is in the red by 25%. Dogecoin has made several attempts to breach the $0.22 barrier. However, the bears have relentlessly regained control over the market, pushing the dog-themed meme coin to lows of $0.16.
Can DOGE ride on Bitcoin’s price recovery to make a third attempt at breaching $0.26?
With Bitcoin’s price rebounding in anticipation of Trump’s next move, a newcomer in cross-border payments is also making waves. Remittix’s RTX presale is the talk of the town now that early bird investors have raised over $15.8 million since it started.
Remittix is a PayFi protocol built on Ethereum's blockchain to facilitate seamless crypto-to-fiat transactions for everyday users and small businesses. Where renowned players such as Ripple's XRP focus on institutions, Remittix caters to everyday crypto users.
With Remittix, a user can send funds across traditional banking networks and have the recipient receive the funds in their bank account across 30+ fiat currencies. The platform also supports over 40 cryptocurrencies, making it easy for merchants to accept crypto payments from customers.
Remittix's RTX offers 50% of RTX's 1.5 billion supply to investors. So far, over 540 million RTXs have been sold, and analysts predict a 3,000% uptick for RTX on launch.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials:https://linktr.ee/remittix
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