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Bitcoin (BTC) and ApeCoin (APE) investors have witnessed the BTC and APE price drop in the past few days.
We look at Bitcoin and ApeCoin to see if either should feature in our list of best cryptocurrency investments for 2022 and 2023.
The 2023 price prediction for Bitcoin isn't optimistic. It looks to be a downward trend, and we expect minimal chances of recovery.
The world's largest cryptocurrency by market capitalization, Bitcoin (BTC), continued to trade in the red territory alongside the US stock market. Both are facing turmoil amid the Federal Reserve's recent interest rate hike.
On September 13th, the digital asset experienced a double-digit drop due to the United States higher-than-expected inflation data for August. As a result, it lost 10.15% to $19,855.00, the lowest decline this month.
It was followed by another plunge on September 15th to $19,500.00, losing 2.59%. BTC ended this week's session by declining 1.89% on Friday.
Over the past month, Bitcoin has lost 17.28% and ditched a staggering 58.67% in the past year.
Due to this bearish momentum, BTC holders are selling and looking for a more secure investment in the current bear market.
On September 16th, the crypto asset ApeCoin (APE), the native token of the non-fungible token (NFT)-based Bored Ape Yacht Club, lost 8.59% to $4.6850 ahead of its significant token unlock this week.
The digital asset has suffered from investors' sour sentiment over the previous 30 days, where its volume has dropped by 25.00%.
According to a crypto expert, all ApeCoin's moving averages and technical indicators data suggest a strong sell move.
Looking back, APE's price had tumbled by 59.04% over the past six months and depreciated by 41.08% compared to the previous year.
The Hideaways (HDWY) is an actual estate-backed cryptocurrency project that has attracted thousands of investors to its presale.
HDWY tokens are already 50% sold out, and the price has increased by 100% in the last week.
We've managed to secure insider information confirming that a price rise is imminent at The Hideaways. This information hasn't been published yet and is exclusive to Analytics Insight. The expected price rise will be from $0.02 to $0.03, guaranteeing a 50% return on your investment if you invest now.
The timing couldn't be more perfect as it appears that The Hideaways a 50% total token bonus for investors who secure one of their Bronze, Silver, Gold, Platinum or Diamond tier memberships. Starting from just $2,500 and rising to $50,000 – this is a great opportunity to make an incredible return on your investment.
Website: https://www.thehideaways.io
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
