Bitcoin Dips Slightly Following Spot ETF Launch News; InQubeta Presale Sees Growing Investor Demand

The benefits of Bitcoin ETFs to the digital asset itself and the wider crypto market cannot be overstated. This explains why its approval has been highly sought-after—a decade-long wait. However, following the SEC decision on Bitcoin ETFs—finally giving the green light on January 10—a sell-the-news scenario played out. The price of Bitcoin took a slight dip following the news of the investment product launch.

Meanwhile, another development that has managed to stay in the spotlight is the ongoing InQubeta (QUBE) presale. This innovative token has been the talk of the crypto town, seeing growing investor demand that has resulted in a staggering $8.4 million raised so far. In this post, we will cover why it is the best new crypto to invest in.

InQubeta (QUBE): Soaring Investor Demand

Finding promising and bullish narratives might be daunting, but InQubeta (QUBE) checks most, if not all, the boxes. It combines two of the world’s biggest innovations: AI and blockchain. That isn’t all; it aims to transform the fast-rising AI market with blockchain. Hence, the unprecedented participation in the presale comes as no surprise, with sights set on the $10 million fundraising milestone next.

Positioned at the intersection of AI and crypto, InQubeta has emerged as one of the altcoins to watch. Its transformative approach will see it build the world’s first crowdfunding platform for AI startups through crypto, signifying an end to the hassle of fundraising. To source funds, tech startups simply need to mint investment opportunities, which will be represented as equity-based NFTs and offered to investors on the NFT marketplace.

If you wish to stay ahead of the curve, its custom-built NFT marketplace is where to be. Here, you can become early backers of ground-breaking AI ventures by purchasing NFTs that represent stakes in them. The coolest part is that there will be no limit on investments.

In stage 7 of the presale, a token costs only $0.0224. According to experts’ forecasts, there will be a 40x increase in its price after launch, making it one of the best cryptos to buy now.

Bitcoin (BTC): Slight Dip After News of Spot ETF Launch

Bitcoin (BTC) further solidified its status as the best cryptocurrency after the approval of spot Bitcoin ETFs in the US on January 10th. This milestone development has been creating quite a buzz in the investment town. Investing in BTC ETFs allows traditional investors to have exposure to the digital currency without owning it.

However, the ETF impact on crypto prices fell short of expectations. Although the news of the launch of the ETF market saw Bitcoin briefly surpass $48,000, it declined afterward. Not even altcoins have been in an uptrend—the market has been underwhelming of late.

The absence of speculation—which has been the force driving the market—ground to a halt after spot Bitcoin ETFs’ approval. The absence of excitement resulted in a slight dip in the price of Bitcoin. Now, real demand and the flow of liquidity into the ETF market are anticipated to spur Bitcoin into a rally. With the ETF market rising fast, there is much to look forward to.

According to analysts, Bitcoin will surpass its current all-time high before halving in April, making it one of the best cryptos to invest in. To avoid the fear of missing out (FOMO) later on, we suggest buying the dip now and HODL.

Conclusion

The spot ETF launch news is yet to have the desired effect, as the price of Bitcoin took a slight dip after its announcement. Meanwhile, the InQubeta presale has soared past $8.3 million, spurred by growing investor demand. Given its massive upside potential, you are advised to become an early holder by clicking the link below.

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