Bitcoin Sways at $65,000 Investors Funnel Capital

SPONSORED POST*

Rollblock (RBLK), the new altcoin in the GambleFi sector, is drawing in capital from BTC and XRP investors. Bitcoin price was rejected at $65k on Aug. 25 and is spiraling down with a heavy bearish momentum. XRP wasn’t lucky either. Despite an epic win against the SEC, Ripple XRP struggles to hold above $0.6.

The Rollblock crypto presale has picked up significant bullish momentum, surpassing $2.7 million as BTC and XRP investors pour in fresh capital. Analysts believe RBLK will disrupt the $540 gambling industry with its executive revenue-sharing model.

Learn why this new altcoin is tipped to outpace Bitcoin price and XRP to deliver 100x to investors.

Ripple (XRP) underperforms despite epic win

Even after shrugging off the legal heavy-lifting, XRP price refuses to break from its $0.3-$0.8 long-term range.

XRP rocketed to $0.65 in anticipation of a ruling by the end of July, but a crypto bloodbath hit, pushing XRP back down to $0.43 on Aug. 5. When the much-awaited ruling came on Aug. 7, XRP surged back up to $0.64.

However, the rally was short-lived. Instead of blowing through $0.8 and blazing across towards the coveted $1 mark, XRP crumbled down to trade in the $0.58 region by Aug. 27.

The possibility of the SEC appealing the case could be making traders take a cautious approach. That has seen investors flock to the new altcoin in GambleFi for better returns.

Bitcoin price rejected at $65k

Bitcoin’s price has been trading on a descending channel for months, signifying a heavy whale profit-taking spree. Whale selloff at $70k sent Bitcoin crumbling down to wick at $49k on Aug. 5.

Investors poured in fresh liquidity, rotating BTC back up to touch the $65k daily resistance on Aug. 25. The 32% surge was met with a crippling selloff, pushing Bitcoin down to trade at 62k on Aug. 27.

Traders hold their breath to see if Bitcoin price will hold above $61k. If BTC breaks down, it could continue its correction towards $40k. Investors are rebalancing their portfolios with the dividend-paying new altcoin Rollblock to minimize the potential downside.

Rollblock (RBLK): the new altcoin set for 100x returns

Rollblock (RBLK) continues to steal the crypto show with an extraordinary revenue-sharing model and unparalleled upside potential. The Ethereum GambleFi protocol rewards token holders with a weekly dividend and investors can lock assets to provide liquidity for a massive APY of up to 30%!

These passive income benefits limit selling pressure, giving the RBLK token price ample time to rocket as DeFi degens reap lucrative rewards. But the hard-to-miss deal lies with RBLK’s deflationary design and market potential.

Weekly token burns slowly deplete the RBLK one billion circulating supply, boosting the token value, creating more wealth for holders via regular price jumps. Such a deflationary structure at the center of the $540 gambling market positions the RBLK market cap to soar into the billions.

That will pump the token price to the moon. Analysts predict staggering returns past 880% in presale and a blast north of 100x on launch.

That’s why BTC and XRP whales can’t get enough of this new altcoin, scooping big at the $0.022 discounted price.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

*This article was paid for. Cryptonomist did not write the article or test the platform.