The market is finally tilting to the Greed zone for the first time since July 2024. With a potential Bitcoin (BTC) rally in the corner, it’s not just BTC holders who stand to benefit. Analysts believe that Cardano (ADA) could see new highs as BTC’s momentum sends ripples through the market.
But a rising star—Intel Markets—might be the real story. After Route X21, Intel Markets is set for an explosive run, and the crypto community is buzzing about just how far it could go. The question now is: Can INTL eclipse both?
Bitcoin (BTC) Eyes $90,000 After Breaking Resistance
Not long after Bitcoin (BTC) breached the monthly downtrend resistance, the grandfather token began to sustain above $65,000. This price movement is key to triggering a bullish reversal per risk analyses.
Bitcoin (BTC) analysts like CoinCodex predict a potential 38% increase by mid-November, meaning over $90,000 per BTC token. In addition to its Runes transfers tripling since the August lows, Bitcoin (BTC) has grown 9.27% in the past month.
With Coinbase users now able to send BTC to Taproot addresses, Bitcoin (BTC) has seen a surge in active addresses. In turn, weekly trading volume and positive sentiments around Bitcoin (BTC) catapulted to new heights.
Cardano (ADA) Primed for 140% Growth by Year-End
Similarly, Cardano (ADA) broke trendline resistance and retested twice between $0.33 and $0.35. Since then, ADA token holders have rallied social communities for bullish price action. Over the past week, Cardano has seen more than $24 billion in transactions over $100,000.
Given Cardano’s 83% correlation with Bitcoin (BTC), the cryptocurrency increased 3.1% over the past month. Despite just 15 green days in the last 30 days, Cardano (ADA) is primed to propel over 140% by the end of 2024.
Some analysts predict that Cardano (ADA) could reach a $1 valuation if Bitcoin’s rally sustains through Q4. With a 14-day RSI of 53.24, the Cardano (ADA) has been thrown into a Greed frenzy.
Intel Markets (INTL) Launches DeFi’s First Quantum-Proof Model
The crypto industry faces a looming security challenge in quantum computing that could lead to over $1 trillion in losses. While IBM projects a cryptographically relevant quantum computer for 2030, or with the progress being made by nation-states and research institutes, the pressing concerns about the security of blockchains only surge.
In response, Intel Markets (INTL) is taking bold action by introducing Route X21, the first quantum-proof protocol for a DeFi exchange. Thanks to regional partners, Route X21 eventually won a $1-million grant for its Quantum-Proof Ledger, an essential step taken to protect decentralized platforms from this kind of threat.
Moving beyond traditional elliptic curve cryptography, Intel Markets is set to revolutionize blockchain security by devising advanced mechanisms to protect against quantum threats. Having most of the great features onboard, like 1000x trading capabilities, and boasting dual-chain architecture between Ethereum and Solana, Intel Markets has earned a name among the top crypto exchanges.
In this regard, Route X21 is a new gateway presented by the platform, ensuring an ongoing state-of-the-art trading experience with a future of safely encrypted data. One INTL token goes for $0.0274 in the third stage of its presale after raking in over $1.2 million in revenue within weeks. The presale provides investors early access to the quantum-proof ledger and other exclusive perks.
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Source: https://www.crypto-news-flash.com/unstoppable-btc-rally-could-push-cardano-to-new-highs-but-how-high-will-intelmarkets-go-after-route-x21/?utm_source=rss&utm_medium=rss&utm_campaign=unstoppable-btc-rally-could-push-cardano-to-new-highs-but-how-high-will-intelmarkets-go-after-route-x21