After a turbulent 24-hour drop to $25,000, Bitcoin managed to bounce back up to over $26,000, and investors are taking note of this price movement as it can affect the broader crypto market. While Bitcoin’s recovery is significant and important, it is not the only cryptocurrency to achieve a price surge, as TCRV, the utility token behind Tradecurve, went up 50%. We will get into both of these projects to see how they’ve performed and what kind of potential they have for the future.
Bitcoin’s recovery to over $26,000
Bitcoin’s weekly performance has been turbulent, where the cryptocurrency saw its lowest point at $25,459.93, with its highest at $27,300.13. While the drop from $27,000 was significant and worried some investors, they all changed their tone when the cryptocurrency recovered to over $26,000 again, indicating that these zones are here to stay.
As of June 7, 2023, Bitcoin trades at $26,816.69. In the past 24 hours, Bitcoin’s value jumped by 4.3% and put the coin back into the green zone, increasing confidence and trust in the entire blockchain space as a result. While Bitcoin is still far off from its all-time high of $69,044.77, this recent movement has made it step away from its monthly stagnation and is an indicator that the markets are moving again.
Traedcurve’s potential to 100x after recent 50% jump
Tradecurve has seen a significant increase in value, and as a result, the TCRV token has gained the attention of investors and traders globally, aiming to experience a similar return on investment as those that bought it before the 50% jump.
This is an all-in-one trading platform that can revolutionize the industry, as it offers a solution to key issues found in most CEXs, including high fees, low accessibility, lack of markets supported, and the inability to use them without undergoing KYC. As a result, Tradecurve’s users are not required to use KYC and are not restricted to just trading crypto. Users can connect their wallets, make a deposit, and begin trading CFDs, forex, indices, commodities, options, ETFs, and bonds.
The platform is tailored towards trading professionals aiming to cut out intermediaries and deal directly with the market fully. They can implement AI-trading bots, enable copy trading, receive negative balance protection and a VIP account service, and all of this is offered with transparent and affordable trading fees that are checked through the blockchain. This means that traders will not be subjected to opaque or unreasonable fees.
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During Stage 3 of the presale, 1 TCRV is worth $0.015. The next jump in value will be to $0.018, an increase of 20%. This stage is 50% complete, with 37,579,684 TCRV tokens sold so far, and analysts are predicting that, due to the high demand, utility, and value proposition behind the project, investors can expect a 100x jump in value at launch.
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Source: https://www.cryptonewsz.com/bitcoin-price-bounces-past-26k-tradecurve-hybrid-exchange-up-50-percent/