Bitcoin Dips From $124K; Investors Buy ADA, ETH, RTX on Drop

Anyone following the Bitcoin price keenly can deny that the sudden slide from $124,000 shook them. The crypto world was buzzing, too. 

One minute, Bitcoin was soaring; the next, we were gawking at the charts. It wasn’t dramatic fundamentals or catastrophic news; just the classic mix of heavy leverage, margin calls, and a cascade of sell-offs. 

But what looked like chaos at the moment is now serving up a classic “buy-the-dip” plate for savvy investors looking at top projects. The names include Cardano (ADA), Ethereum (ETH), and Remittix (RTX).

What Triggered the Flash Crash?

No single villain here; just textbook crypto volatility:

• One big whale sells orders.
• Liquidations rippling through leveraged positions.

Traders are scrambling to close shorts in a matter of minutes. Then boom, down it went. The pace was terrifying until buyers flooded in near $110K support, and we saw a bounce.

Why Bitcoin Still Looks Resilient

Despite the dip, the long-term mood hasn’t turned bearish. A few reasons:

• Institutional HODLing hasn’t slowed.
• On-chain indicators, like whale accumulation and wallet growth, are still solid.
• History shows that flash crashes often precede stronger and steadier rallies.

The key now? 

Watch if the Bitcoin price can reclaim $120K. It doesn’t have to slice through $124K again tomorrow, but steady reclaiming breathes new bullish life.

Altcoins Getting a Second Look

Markets rebalance, and dips often create opportunity. Here’s how some favorites are responding:

• ADA: Ever the plot under current. ADA dipped, but bounced back hard. Community chatter hasn’t cooled, stakeholder numbers remain solid, and developers are pushing upgrades quietly.
• ETH: Dropped alongside Bitcoin, but recovered quicker. ETH holders didn’t even bat an eye. DeFi flows keep rising, Layer-2 activity remains strong, and the buzz around scaling upgrades is still humming.

• RTX: This one was a surprise hit. Price took a hit, too. However, it bounced quickly. Investors may have realized it’s not just another token. It’s a PayFi project, built around fast and affordable fiat delivery via blockchain. The real-world utility is waking wallets.

How Remittix Has Fared So Far

• Presale nearing $20M soft cap: when you’re that close to a listing milestone, every dip becomes a buying moment.
• Beta Wallet imminent (Q3): This isn’t buzz; it’s a tangible product about to go live.
• CertiK audit and 600M+ tokens sold: credibility checks two boxes.

What’s more, there is an ongoing $250,000 crypto giveaway. So, when other coins dragged down, RTX looked too practical to ignore.

Indeed, flash crashes on the crypto charts can terrify, but they also refresh the market. Momentum often shifts into strong hands, resetting supply and demand. 

Right now, the Bitcoin price is holding key support. If it has and climbs back up, broader strength likely returns. 

Also, ADA and ETH look steady, resting on solid narratives. However, RTX is positioning itself as the utility pick among these, poised to surge if Q3 rollout hits.

Discover the future of PayFi with Remittix by checking out the project here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix 

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway